Company Presentation Development 2016 - Cenk Ercins

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Company Presentation
            Development

                  2016
Corporate
Overview
Introduction
        Louvre Hotels Group has become one                                              One of Europe’s most
        of the largest hotel chains in the world                                          dynamic players

Louvre Hotels Group is a Groupe du Louvre subsidiary run          Louvre Hotels Group is harnessing its geographic breadth,
by Pierre-Frédéric Roulot. It was established in 1976 and         comprehensive brand portfolio and team expertise to
joined the Starwood Capital Group investment fund in 2005.        consolidate its presence in Europe and venture into
                                                                  target territories such as Russia, Morocco, India, Brazil,
Louvre Hotels joined forces with the Golden Tulip                 the Middle East and China.
Hospitality Group in July 2009, when Starwood Capital took
over the latter. It now counts more than 1,150 hotels             Louvre Hotels Group establishments can be broken down
ranging from 1 to 5 stars (6 brands) in 48 countries.             into three categories: 22% fully-owned hotels (managed by
                                                                  Louvre Hotels), 29% hotels run under a management
Since March 2015, Louvre Hotels Group is owned by Jin             agreement (operated by Louvre Hotels Group within the
Jiang Group, China’s first hospitality conglomerate, owner,       framework of a hotel owner’s mandate) and 49% hotels run
developer and operator of hotels across all market                as a franchise (managed by the owner).
segments. Thanks to this partnership, the group now owns,
operates and franchises over 6,000 hotels and over
640,000 rooms in 55 countries, thus making it the 5th
international hospitality group.

                                                Key figures for Louvre Hotels Group
                                                • 6 brands, ranging from 1 to 5 stars
                                               • 1 158 establishments in 48 countries
                                                         • 97 339 rooms
                                                       • 19 000 employees
  Figures on 01/01/2016

            3
Introduction – Louvre Hotels Group
                          United
                         Kingdom
                          19 hotels     Benelux
                           1,652 #      61 hotels
                                         4,773 #

                                                    Germany          Poland
                                                                     16 hotels        Austria
                                                       18                             1 hotel
                                                     hotels           1,903 #          87 #
                                                     1,914#                                     Hungary
                                                                                                 1 hotel
                              France                                                              121 #
Portugal
3 hotels                     832 hotels
 203 #                        54,810#         Switzerland                        Romania
                                                1 hotel
                                                                                 5 hotels
                                                  61#
                                                                                  457 #                                5th international group
                 Spain                                                                          Bulgaria                 ≈ 6,000 hotels with
             8 hotels                                                                            1 hotel                   640,000 rooms
              942 #
                                                      Italy
                                                     8 hotels                                     90 #
                                                     1199 #

   Europe : 979 hotels with                                       Serbia                         Cyprus
                                                     Malta        1 hotel
    about 69,600 rooms                               1 hotel                                     2 hotels
                                                                   97 #                           327 #
                                                      263 #

     Première Classe     Campanile                  Kyriad
     Tulip Inn           Golden Tulip               Royal Tulip

Figures on 01/01/2016
                             Budget                     Economy                  Mid-Scale                  Up-Scale   Luxury

                    4
Introduction - Jin Jiang Group
   A state controlled      company, listed on the Hong Kong and Shanghai stock
    exchanges.

   First hospitality group in China and Asia

              ▪ 1 700 hotels over 11 countries in Asia

              ▪ 250 000 rooms

              ▪ New to come :

              - The Shanghai Tower (632m/2073ft high, 121 floors) will include the first
              ultra luxurious Premier category J Hotel (84-110 floors, 258 rooms).
              Opening 2016.

              - Shanghai Disney Resort. Opening 2016

   Other activities:
              ▪ Transport: Rental car company (10,000 vehicles )
              ▪ Logistics: largest cold storage capacity of 500,000 m² in Shanghai
              ▪ Travel: 3rd travel operator in China (70 travel agencies)
              ▪ F&B: 480 food and restaurant outlets (owned and franchised)

          Long term owner with well-established knowledge and
                    expertise in the Hospitality sector
                 Strategic actor in Asia, US and Europe

             5
A worldwide network

                                                                           Russia
                                                                           3 hotels

                                                            Central Asia
                                                              3 hotels
                                    Europe
                                   979 hotels
North America
   1 hotel
                                Middle East
                                 62 hotels
                                                                                      Asia Pacific
                                                                                       56 hotels

                South America
                  40 hotels
                                                 Africa
                                                14 hotels

    6
Do, dare, dream…

 Do…

 Firstly, this "do" culture of action, in-the-field and concrete work, is what drives us every day. It is an ability to
 act quickly and effectively while providing the top level service that builds our strength and unique character.

 Dare…

 We are also characterized by a certain form of audacity, of non-conformism even, a different approach to the
 hotel trade. I can feel it in our management style, our short-structured operating methods, in the variety of our
 offers, in the wealth of our brands. We should continue to dare, invent, remain agile and uphold our
 challenger's spirit.

 Dream…

 We are convinced that the expression of our long-term forward-thinking, fuelled by a dream and even certain
 idealism, will give us the leading edge.

    11
The Brands

     Première Classe       Slogan: “The essential for a good stay”
          259 hotels       Launched in 1989
                           1 or 2 star* hotels with standardized concept
        18 775 rooms
                           Limited service hotels offering good value for money
          6 countries      66% of hotels are managed by Louvre Hotels (including 22% owned)

          Campanile        Slogan: “Change the way your stay”
          377 hotels       Launched in 1976
                           3 star* hotels with standardized concept
        24 935 rooms
                           Full service hotels, including restaurant & meeting rooms
          8 countries      77% of hotels are managed by Louvre Hotels (including 47% owned)

          Kyriad           Slogan: “More comfort, less conformity”
     Kyriad Prestige       Launched in 2000 and 2003 respectively
        251 hotels         3 and 4 star* hotels, mostly located in France
      15 796 rooms         Non standardised product
       2 countries         Kyriad is primarily a franchise brand (6% owned hotels)

Figures on 01/01/2016
                                                                                        * International star rating

          12
The Brands

            Tulip Inn       Mid-scale hotel : 3 star* property (created in 1993)
                            Non standardised hotels
            87 hotels
                            Comfortable and functional accommodation along with
         9 163 rooms         friendly service
         28 countries       Hotels designed to offer an exceptional value for money

        Golden Tulip        Upper-scale hotels : 4 star*property (created in 1962)
                            Full service hotels, incl. restaurant & meeting rooms
           164 hotels
                            Modern facilities, personal service and international
        22 996 rooms         standards of comfort
         37 countries       Non standardised product

          Royal Tulip       Luxury hotels : 5 star* property (created in 2006)
                            Non standardised product: security, exclusivity and
            19 hotels
                             discrete excellence
         5 320 rooms        Elegant and luxurious facilities with a deluxe level of
          12 countries       comfort and refined services, and ultra-modern amenities

Figures on 01/01/2016
                                                                                          * International star rating

          13
Louvre Hotels Group in images

14
Louvre Hotels Group in images

15
An ambitious development strategy

   44% of the Group’s hotel rooms are located outside France, up from 10% in 2007
   65 hotels (7 967 rooms) opened in 2015 of which 34 management agreements.
   Ambitious growth plan targeting more than 100 new hotels next year.
   Louvre Hotels has already 59 hotels in the pipeline for 2016.
   Strong growth is coming through the Golden Tulip brand in international market.

                                      NUMBER OF ROOMS OPENED EACH YEAR SINCE 2010
    12000

    10000
             NUMBER OF ROOMS

     8000

     6000

     4000

     2000

         0
                               2010        2011     2012            2013              2014   2015

    16
An ambitious development strategy

 Louvre Hotels and Magnuson Hotels partnership

   In order to benefit from the increasing exchanges between Europe and North America, Louvre Hotels Group
    and Magnuson have sealed a partnership in June 2015, thus creating the biggest distribution platforms
    on their respective markets. With Jin Jiang, who will be interconnected with Louvre Hotels’ reservation
    system, the platform will be worldwide.

    Magnuson Hotels is America’s fastest growing brand and the biggest independent hotels group in the
    world.
    •   Magnuson aims to provide guests with professional, comfortable, and economy hotels.
    •   In 2015, Magnuson operates more than 1 000 hotels mainly in North America (US, Canada, Porto
        Rico, Bahamas)
    •   150 of these hotels are opened three different brands :
                     - Magnuson Grand Hotels : upscale level hotels and resorts
                     - Magnuson Hotels : mid-priced to upper scale hotels and resorts
                     - M Star Hotels : Economy and upper economy hotels

          17
Focus on Selected Markets

                                  Europe
                                2nd Largest

                         Morocco                                     China
                        2nd Largest                                 Largest

                                                       MENA            Indonesia
                                                     rd
                                                    3 Largest            Largest
                                      East Africa
                                       Largest

                                Brazil
                             3rd Largest

Figures on 01/01/2016

          18
Total Openings 2015

                                                Other Europe
                                                                    France
                                                     2015 :
                                                    13 hotels        2015:
                                                     1,581 #       19 hotels
                                                                    1,761 #
                                                                                                    Asia Pacific
             Africa                                                                                     2015 :
              2015 :                                                                                   23 hotels
             3 hotels                                                                                   3,359 #
              354 #

                   South America                                                               Middle East &
                                                                                                North Africa
                         2015 :
                        4 hotels                                                                   2015 :
                         654 #                                                                    3 hotels
                                                                                                   258 #

  Tulip Inn Andora Delfos
                                                                   Kyriad Desa Gumatti Bogor
          Andorra
                                   Golden Tulip Marseille centre           Indonesia
         180 rooms                                                                                  Golden Tulip M Hotel Seoul
                                             France                        150 rooms
                                           210 rooms                                                      South Korea
Figures on 01/01/2016                                                                                      430 rooms
          19
Recent Hotel Openings

                                                    FRANCE                        FRANCE
                                                      2014:                          2015:
                                                  23 new hotels                  19 new hotels
                                                   1,632 rooms                    1,761 rooms

                 Kyriad Prestige Pau Zénith
                         57 rooms

                                                                                       Première Classe Laval
                                                                                            98 rooms

          Campanile Clermont Ferrand Centre
                      96 rooms

                                              Golden Tulip Marseille Aéroport
                                                        106 rooms
Figures on 01/01/2016

                                                                                                               since Sept. 2014
          20
Recent Hotel Openings

                                         OTHER EUROPE                    OTHER EUROPE
                                                 2014:                            2015 :
                                             2 new hotels                      13 new hotels
                                              187 rooms                        1,581 rooms

      Golden Tulip Amsterdam Riverside
                  132 rooms

                                                                                               Première Classe Hannover
                                                                                                      74 rooms

                                         Première Classe Berlin - Dreilinden
                                                    105 rooms
Figures on 01/01/2016
                                                                                                                          since 2013
          21
Recent Hotel Openings

     SOUTH AMERICA      SOUTH AMERICA
             2014:           2015:
         2 new hotels     4 new hotels
          360 rooms       654 rooms

                                                                           Golden Tulip Colinas
                                                                                  Brazil
                                                                               126 rooms

                                         Tulip Inn Campos dos Goytacazes
                                                       Brazil
                                                     160 rooms

Figures on 01/01/2016
                                                                                                  Since August 2014
          22
Recent Hotel Openings
                        AFRICA
                                                                  MIDDLE EAST
                         2015 :
                   3 new hotels                                        2014:           MIDDLE EAST &
                                                                                       NORTH AFRICA
                    354 rooms                                       6 new hotels
                                                                                           2015:
                                                                    576 rooms
                                                                                          3 hotels
                         AFRICA
                                                                                         258 rooms
                          2014:
                    4 new hotels
                        641 rooms

                                                                                              Tulip Inn Altaif, Taif
                                                                                                 Saudi Arabia
    Golden Tulip Essential Lagos Airport
                                                                                                   84 rooms
                  Nigeria
                 75 rooms

                                           Golden Tulip La Palisse Kigali
                                                Nyamata, Rwanda
                                                    189 rooms
Figures on 01/01/2016
                                                                                                                       since 2014
           23
Recent Hotel Openings

                                                                      ASIA PACIFIC                            ASIA PACIFIC
                                                                         2014:                                     2015:
                                                                      12 new hotels                              23 hotels
                                                                      1,898 rooms                              3,359 rooms

                        Golden Tulip Manali
                               India
                            43 rooms

                                              Golden Tulip M Seoul,
                                                  South Korea
                                                   430 rooms
                                                                                      Golden Tulip Essential, Pattaya, Thailand
                                                                                                     98 rooms

Figures on 01/01/2016
                                                                                                                                  since 2014
          24
Partnership
Models
Partnership Models

     To hotel owners, Louvre Hotels Group proposes 2 types of partnerships.

      1 - Franchise agreement                       2 - Management agreement

       Franchise services                             Franchise services

                                                               +

                                                      Management and
                                                     operating assistance

26
Partnership Models - Franchise

    Through a Franchise agreement, the owner manages the hotel by his own, but benefits from the following services
    provided by Louvre Hotels Group

1
                                    •The hotel can use one of the Louvre Group brands: hotel signalization, corporate and
              Brand                commercial brochures as well as operational guidelines & manuals, access to the training
                                                                       courses, etc…

2                                •The hotel benefits from the global marketing and communication campaigns made by Louvre
                                  Hotels Group worldwide. Our national and international sales teams are contracting with large
     Sales & Marketing            corporate and leisure accounts, and participates in all major industry events and tradeshows,
                                                            thus representing all hotels in the network.

3
                                    •The hotel is part of the centralized reservation system and benefits from all distribution
    Information System            channels and information systems of the Group, including the corporate websites. In addition
                                                             each hotel has a dedicated hotel website.

4
                                   •Louvre Hotels Group provides quality control of the hotel in order to ensure respect of the
           Quality                 brand standards. A system of mystery guests is deployed to test the quality of product and
                                                                       service regularly.

5
                                 •Under Franchise agreement, a dedicated regional area manager from Louvre Hotels Group is
         Operations                 assigned to each hotel to support the operational team on management and operational
                                               issues. The regional manager visits each hotel on a regular basis.

         27
Partnership Models - Management

    Through a Management agreement, the hotel owner benefits from all Franchise services, plus is supported by Louvre
    Hotels Group team in the daily operations and commercialization of the hotel.

1
                                     •Personnel management, including selection, hiring, training, assignment, transfer or
                                                         dismissal of the General Manager of the Hotel.
      HR Management                   •Assistance in hotel staff management, including recruitment, salaries, benefits and
                                                                    compensation definition
                                                    •Supervision of social issues and general social context

2
                                 •Operational training developed and presented by Louvre Hotels Group executives, mainly on
                                                   the products, hospitality activities and systems of the Group.
           Training                •Support for additional training by functions (finance, quality, reservation) through a large
                                                                  catalogue of available trainings

3
                                                      •Technical support and management of the legal issues
                                   •Negotiation, preparation of the corresponding legal documents and signature of contracts
        Legal Support            •Initiation of any lawsuits or other appropriate legal actions directly related to the operation of
                                                                      the hotel when necessary

4

                                                                     •Annual Plan drafting
      Finance Support                   •Analysis of financial and marketing reports and financial reporting to the owner

          28
Partnership Models - Management

5
                                                     •General organisation of the Hotel
                         •Determination of the purchasing policy: selection of goods and materials; setting-up and
                          maintenance of all inventories required for the proper operation of the Hotel; selection of
                        suppliers and negotiation of supply contracts in order to ensure that purchases are made on
    Operation Support                                      the best available terms
                            •Participation in the purchasing and procurement services of Louvre Hotels Group
                        •Quarterly meeting between Louvre Hotels Group operating team and the Owner to discuss
                                     all relevant running matters regarding the operation of the Hotel

6

    Pricing & Revenue   •Determination of all prices, charges and rates, and in connection therewith, the supervision
                           and control of revenue and income’s collection for all services related to the Operation
       Management                                          department of the Hotel

       29
Partnership Models - Management

7

                  •Inspection of the Hotel by specialists in hotel management, maintenance and/or technical, finance or
      Quality         legal affairs (including , but not limited to, rooms, food and beverage management, marketing,
    Supervision        laundry, personnel, finance, accounting and audits, insurance and legal issues, engineering,
                                                                   architecture)

8
                   •Direct assistance in establishing the annual marketing plan of the Hotel, including definition of the
                   sales policy, definition of the advertising policy, preparation of advertising documents and brochures
                     in accordance with Louvre Hotels Group templates, determination of yearly objectives regarding
     Sales &                       occupancy, rates, revenue, clientele; determination of credit practices
    Marketing
     Support      •Setting-up of sales methods and procedures relating to the various clientele segments and analysis of
                                                                results.
                          •Specific regional marketing actions performed by Louvre Hotels Group regional team

       30
Advantages of a Partnership
   Direct impact from internal marketing campaigns and
    corporate sales efforts
         Marketing campaigns, loyalty programs, sales
                                                                         A recognized and respected brand worldwide
          representation, international exposure                                Strong core values
                                                                                Broad multimedia exposure across the world
   Dedicated staff trainings
         A Training Academy providing local hotel staff with high-
                                                                         Expertise and track record
          level hospitality and functional trainings                            Over 50 years of hotel operations experience
                                                                                More than 1 100 hotels in 46 countries
   High-quality standards
                                                                         An ambitious worldwide expansion plan supported
         Brand standards are implemented to maintain Louvre
                                                                          by financial means
          Hotels Group position of quality brand provider
                                                                                Constant growth of portfolio
         Quality Assurance and brand manual are available to help
          the hotel achieve its goal.                                           Strong focus on international development
                                                                         A tangible and close support to the operational
   Global company, local presence and expertise
                                                                          team
         Expertise and global tools developed at central level to
                                                                                Direct assistance on the support functions, such as HR
          support each hotel operation and performance
                                                                                 management, Finance, Legal, Procurement
         Local teams to better understand each market and local
                                                                                Operational support to improve hotel’s operational and
          culture, and better support hotels in each region
                                                                                 financial performance
         Local marketing plan defined per region
                                                                         Efficient fully-integrated reservation systems
   Proven results
                                                                                Counting with the most powerful reservations systems
         Louvre Hotels Group commercial value drivers (sales,                   connecting your hotel to global distribution systems,
          marketing and reservation tools) add measurable value                  call centers, e-commerce website
          bringing significant growth in revenue.

          31
A choice of 6 brands from 1 to 5 star

32
The Brands
Summary of our Brands

                                                                                                   Kyriad + Kyriad
     Brand                Royal Tulip                Golden Tulip                   Tulip Inn                             Campanile         Première Classe
                                                                                                      Prestige

      Logo

                                         International Standards, Local Flavours
                                                                                                  More Comfort, Less   Change the way you   The essential for a
Hotel Description
                     Full service luxury         Upscale comfort with       Uncomplicated and        Conformity               stay              good stay
                      accommodation                   local flair              convenient

   Star Rating
                            Luxury                      Upscale                     Midscale          Midscale              Midscale            Economy
  International

  N# of Hotels             19 Hotels                  164 Hotels                    87 Hotels         251 Hotels           377 Hotels          259 Hotels

 N# of Rooms              5,320 Rooms                22,996 Rooms                  9,163 Rooms      15,796 Rooms         24,935 Rooms         18,775 Rooms

N# of Countries           12 Countries               37 Countries                  28 Countries      2 countries          8 Countries          6 Countries

  Hotel Design       Non-standardised              Non-standardised          Non-standardised     Non-Standardised        Standardised        Standardised

 Data as per 01/01/2016

        34
The brands

Tulip Inn
International standards, local flavours

       Created in 1993, Tulip Inn hotels are 3 star* properties in convenient locations, usually in city centers or close to
        major access routes. Each hotel offers its own individual character, whilst reflecting the flavours of its location.

       A growing international network in 27 countries
           87 hotels
           More than 9,160 rooms

       Brand proposition: Comfortable, Welcoming, Value for money

       The functional hotel lay-out and friendly service will suit the business traveller and leisure guest alike.

       All hotels are designed to offer business and leisure travelers an exceptional value for money.

       Hotels are non-standardized

Figures on 01/01/2016

          36
Gallery

37
Tulip Inn
                                                                                          Key Features
 3-star “plus” full-service hotel

 Minimum of 60 rooms

 Minimum room size : 18 m² including bathroom

 Estimated GFA: 32-34 sqm per room (depending on project)

 Air-conditioning required

 Flat-screen TV with choice of international channels + Pay-TV

 Free wireless internet access throughout the hotel

 Restaurant and bar area depending on location. Can be fitted with the Branch concept
but flexible to interpretation in line with the local environment

 Meeting rooms optional depending on local market. “Simply Meet” concept (flexible and
fully equipped)

 Secure private parking would be recommended in suburban locations.

 Business corner in the lobby

 Leisure facilities are optional

 Tulip Inn can be divided into 2 types of properties:
                                                                                             Typical Tulip Inn room lay-out
           Hotel: short stay business or leisure
           Suites: long stay for business guests in city centre                           33.5€
                                                                                           RvPAR

           38
Tulip Inn
Bedrooms & bathrooms

   Efficient and functional design
   Young but timeless look and feel
   Use of natural materials
   Functional large working area with adequate lighting
   Flat screen TV and internet access in the room
   High quality showers rather then baths
   Composed by flexible elements so that the guest can easily
    arrange the room to fit its needs

     39
Food & Beverage concept

   The Branche concept has been specifically designed for the Golden Tulip Hospitality Group
    and was shaped to offer our guests a place where they can feel comfortable at any time.

   Branche is a turnkey concept which can be adapted on every market and is mainly inspired
    by nature with relaxing and comfortable furniture.

   It traditionally displays 3 open but identifiable modules: a restaurant, a bar and a lounge.

   The restaurant offers both international classics and local specificities revisited in an healthy
    style with essential elements in every restaurant:
           Different type of tapas
           Classic dishes
           Gourmet desserts                                                                                  Branche Lounge Concept

                     Branche Bar, Golden Tulip Warsaw                                Branche Restaurant, Golden Tulip Essential Denpasar

           40
Celebrating diversity
Tulip Inn Zaragoza, Spain          Tulip Inn Marne la Vallée, France

Tulip Inn Rotterdam, Netherlands

       41
Tulip Inn in Images

     Oman,
     Muscat

42
Tulip Inn in Images

     Savassi,
      Brazil

43
Tulip Inn in Images

     Denpasar,
     Indonesia

44
The brands

Golden Tulip
International standards, local flavours

  Created in 1962, Golden Tulip is a brand of 4 star* properties by means of modern facilities, personal service and
 international standards of comfort. Each hotel offers its own individual character, whilst reflecting the flavours of its location.

     Core brand of the “Tulip” family
         164 hotels
         More than 22,990 rooms

     In 35 countries across Europe, the Middle East & Africa, the Asian Pacific Region and the Americas

     Brand proposition: Excellence, Authenticity, Comfort

     The hotels enjoy perfect situation in business or leisure destinations, aiming to exceed guest expectations.

Figures on 01/01/2016

          46
Gallery

47
Golden Tulip
                                                                                          Key Features
 4-star full-service hotel

 Minimum of 60 rooms

 Minimum room size : 22 m² including bathroom (33m² for Suites)

 Estimated GFA: 36-38 sqm per room (depending on project)

 Air-conditioning required

 Flat-screen TV with choice of international channels + Pay-TV

 Free wireless internet access throughout the hotel

 Mini-bar

 International press on offer

 Restaurant and bar area with the “Branche” concept but flexible to interpretation in
line with the local market environment
 Meeting rooms optional depending on local market. “We’ll meet again” concept
(flexible and fully equipped)
 Executive lounge and business center

 At least one leisure or extra service offered (fitness, tennis, spa, pressing, etc….)

 Secure private parking required

 Golden Tulip can be divided into 3 types of properties:                                 Typical Golden Tulip room lay-out

            Hotel: short stay business or leisure
            Resort: short or long stay leisure
            Suites: long stay for business guests in city centre

             48
Bedrooms & bathrooms                                                   Golden Tulip

 Elegant & luxurious design with modern but classic look and feel

 Use of natural materials and colors

 Functional large working area with adequate lighting

 Flat screen TV and internet access throughout the room

 High quality bathroom fit out, spacious and clean atmosphere

 Composed by flexible elements so that the guest can easily arrange
  the room to fit its needs.

        49
Food & Beverage concept

   The Branche concept has been specifically designed for the Golden Tulip Hospitality Group
    and was shaped to offer our guests a place where they can feel comfortable at any time.

   Branche is a turnkey concept which can be adapted on every market and is mainly inspired
    by nature with relaxing and comfortable furniture.

   It traditionally displays 3 open but identifiable modules: a restaurant, a bar and a lounge.

   The restaurant offers both international classics and local specificities revisited in an healthy
    style with essential elements in every restaurant:
           Different type of tapas
           Classic dishes
           Gourmet desserts                                                                                  Branche Lounge Concept

                     Branche Bar, Golden Tulip Warsaw                                Branche Restaurant, Golden Tulip Essential Denpasar

           50
Celebrating diversity
  Golden Tulip Millénaire - Saint-Priest Lyon   Golden Tulip Opera de Noailles Paris

Golden Tulip Farah Casablanca

       51
Celebrating diversity
Golden Tulip Brussels Airport         Golden Tulip Le SIlmandé, Burkina Faso

Golden Tulip Connext, Belém, Brazil

       52
Golden Tulip in Images

     Cannes,
     France

53
Golden Tulip in Images

     Farah Tanger,
        Maroc

54
Golden Tulip in Images

      Paris
     France

55
Golden Tulip in Images

     Noordwijk,
        The
     Netherlands

56
Golden Tulip in Images

     Accra
     Ghana

57
Golden Tulip in Images

     Rio Vermelho,
         Brazil

58
Golden Tulip in Images

     Seminyak
        Bali,
     Indonesia

59
The brands

Royal Tulip
    Created in 2006, Royal Tulip encompasses 5 star properties offering the most elegant and luxurious facilities with a
       deluxe level of comfort and delicate service.

      Brand proposition: Rare, Faultless, Discerning

      An exclusive group of hotels:
              19 hotels
              5,320 rooms

      Situated in gateway city centres and business districts, all hotels are equipped with ultra-modern amenities to ensure
       an exceptional stay.

      Royal Tulip hotels also provide inspired gourmet dining outlets that offer guests a truly unforgettable culinary
       experience.

      Royal Tulip hotels provide the discerning traveller with security, exclusivity and discrete excellence.

Figures on 01/01/2016

          61
Gallery

62
Royal Tulip
                                                                                            Key Features
 5-star full-service luxury hotel with state of the art equipment

 Minimum of 60 rooms

 Minimum room size : 26 m² including bathroom (39 m& for Suites and 78 m² for
Royal/Presidential Suites)

 Minimum of 20% baths and bath + shower in the suites

 Air-conditioning required

 Flat-screen TV with choice of international channels + Pay-TV

 Free wireless internet access throughout the hotel

 Mini-bar

 International press on offer

 Iron board with iron, coffee & tea making facilities

 Restaurant concept can be chosen from any of the Golden Tulip concepts or defined in
line with local market and hotel design

 Executive lounge and business center

 At least three leisure or extra services offered (fitness, tennis, spa, golf, pressing,
hairdresser, etc….)

 Secure private parking required

             63
Bedrooms & bathrooms                                                Royal Tulip
 Design inspired, deluxe interior

 Lush and elegant, but reserved and calm

 Use of natural tones and ingredients

 Spacious room, but not too empty

 High technology with smart features

 Inviting, natural bath room giving each guest an individual spa
  experience

        64
Royal Tulip in Images

     Alvorada, Brasilia Brazil

65
Royal Tulip in Images

     Almaty, Kazakhstan

66
Royal Tulip in Images

     Zhujiajiao, Shanghai, China

67
Advantages of a
Partnership

Louvre Hotels
Group Offers
Our Commitment

        Our mission is to be the leading multi-
         branded hotel chain, with an excellent care
         for customers and staff, in those markets
         where we choose to operate

        Therefore, the group's common objective is to
         maximize revenues and profits for our
         hotels by utilizing all opportunities and
         synergies the chain offers and through full
         implementation of the brand formula.

        Louvre Hotels Group is fully committed to
         build a strong and efficient partnership with
         hotel owners, helping them to develop their
         business

        In order to do so, we deploy a full set of
         offers and actions for the benefit of each
         hotel.

69
Franchise package: a toolbox to be used by the hotelier

                  Quality               Brand

                                           Distribution
           SOPs
                                            channels

                             Support
                            functions

70
Advantages of a
Partnership

Distribution
channels
Distribution Landscape

                                                   Payment of
                                                  commissions

            Applications                              RFP Tool

     Brand Sites
                   Internet   Call Centers          GDS

      Direct
     Connect

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Value Drivers
                                                               GoldRes

      GoldRes is the most comprehensive worldwide reservations system offering
     access to all major GDS systems and Utell voice reservations centers worldwide,
     as well as giving you the opportunity to apply sophisticated yield management
     techniques to maximize business

      Goldres is Golden Tulip’s central reservation system for all distribution
     channel
     • Global distribution systems (GDS)
     • Call centres
     • Internet

      Through Goldres, all hotels are exposed to
     • Over 1.000.000 travel agent terminals,
     • 1.500 Internet sites and travel agency portals,
     • 700 partner websites and
     • 45 call centers around the world.

      The benefits
     • Update rates & availability immediately in one platform
     • Real-time availability
     • Dynamic reports for revenue and rate analysis

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Value Drivers
                                                                                       GoldRes

 Goldres = Innovations
    Pegasus, the system on which GoldRes is built, has been in the past shareholder of the Golden Tulip
    chain. This privileged relationship allows Golden Tulip to be at the forefront of technology, to benefit
    from new innovations and to test systems from Pegasus.
    Golden Tulip has created a strong brand image within the travel trade and with bookers, being the first
    hotel chain to:
            Offer instant connectivity of rates and availibility with GDS
            Guarantee rate parity across all channels
            Offer « total pricing » strategy
            Offer flexible pricing structure and clear commission indicators
                                                                                              Total Pricing

Seamless cancellation policy                                           Commission indicator
       74
Websites & E-commerce

General Public
 Corporate web site + 5 dedicated brand websites presenting
the network
 Cross-brand reservation service which enables the customer
to see the maximum number of offers close to his/her
destination
 Driving directions which enable the user to organise a trip and
receive a personalised map
 A maximum number of special offers only available on the
web
                                                                                 Corporate web site

Professionals
 An innovative and high-performance B2B website
 Secure access to negotiated individual rates
 Possibility to request an on-line quotation
 Presentation of our full offerings, organised by
customer segment

                                                                         New Brand websites since May 2014

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Smartphone application

     “Hotel For You” for iPhone, Blackberry and Smartphone

                                        Book your hotel room from your mobile device in
                                        real time at the best available rate…all in only 4
                                        clicks !

                                        5 features to gain time:

                                           Find the nearest hotel instantly thanks to geo-
                                            localisation
                                           Check availability in real time and get the best
                                            available rates
                                           Discover all the characteristics and available
                                            services of your hotel (address, pictures, route
                                            description)
                                           Check on the map the most direct itinerary to
                                            get to the hotel
                                           Save your favourite hotels in personalised lists

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Loyalty program
                              Ambassador Club

      The Golden Tulip Ambassador Club is the
     company’s own loyalty scheme for bookers of
     corporate room nights and business meetings.

      The programme is specially designed to reward
     people in charge of accommodation or meeting
     reservations.

      The member database of the Golden Tulip
     Ambassador Club offers the hotels an excellent
     communication tool, whilst providing a tool for
     optimizing client retention

77
Loyalty program
                                      Flavours

      Flavours is Golden Tulip’s loyalty program for
     frequent guests, in which they save points for the
     monetary value of their bookings.

      Points can be redeemed for hotel stays or
     exchanged for frequent flyer Miles of airlines
     partners and gifts through the Flavours gift Shop

78
Loyalty program
                                                          Connections

 The Golden Tulip Connections program provides

access to the members of 9 frequent flyer loyalty
programs by allowing members to collect bonus
miles when staying at a Golden Tulip or Tulip Inn
hotel and vice versa allowing Golden Tulip to offer
special offers and promotions to these members via
the frequent flyer publications.

        79
Corporate Offering

 A dedicated sales team to help companies make the most of their professional trips.

 A dedicated B2B internet site: http://b2b.louvrehotels.com

 World-wide key account contracts

 Helho Pro: a payment card and a management tool for companies to help them optimise travels

expenses and avoid loosing time (centralized payments across the whole network, invoice
dematerialization).

 Seminars: to help companies organise their business meetings in
   France and Europe, we provide a fully-dedicated team for: 600
   destinations, 20 to 200 guests staying full-board or half-board, or
   for day-seminars.

 Special reductions and programs for
   associations and corporate events.

      80
Leisure Offers

A European team specialised in the management of individual customers or groups

 Group offers
         Central reservations team which pays attention to your requirements for over 600 destinations in Europe
          (Paris, Warsaw, Barcelona, Loire Valley, etc.)
         Tour operators and coach companies: we welcome your groups of 20 to 200 guests in our hotels most of which
          have their own car parks and are located close to main road connections.

 Sports offers
   For your individuals and teams’ sports trips, the “Welcomsport”
   program offers numerous advantages (www.welcomsport.com)
        Dedicated rates or retrocession of part of expenses at the end of the
          season
        Specific services
        Program available for Campanile, Kyriad and Kyriad Prestige

       81
Value Drivers
                                                                    Central Meeting Line

 Golden Tulip’s Central Meeting Line is a reservation service to facilitate the booking of
meeting facilities at hotels. Specialized booking agents assist personally in identifying the
hotel facilities that best meet the needs and criteria of the booker.

 The special needs per booker are registered and stored to facilitate future bookings.

   82
Value Drivers
                                                                         Leisure Marketing

Leisure Marketing
 Golden     Tulip’s   Leisure   Marketing   develops   and   launches
promotional packages and rates towards the leisure guests

              Prepay & Save

              Stay more, save more

              American Express Offers

 These offers are promoted through the Golden Tulip channels

(website, e-newsletters, hotels), through printed advertisements and
through partners

       83
Quality
Quality Program

 In order to safeguard the consistence of the brand across the network, Golden Tulip has a contract with BDRC for
several years

 The UK based BDRC is the largest independent agency specialised in hotel consultancy and quality audits. The firm
realizes assignments in more than 50 countries across all hotel categories.

 Based on these results, in each region one hotel is
awarded “Hotel of the Year”.

      85
Quality Program

 How it works

 Each hotel is visited by a Mystery-Guest every year
and receives a very detailed report stating all the quality
check-points verified during the visit

 This report comes together with an audio-tape of the
telephone contact during the reservation

 The visit is then followed up by an in-depth interview
with the Franchise Service Manager or Regional
Operations Manager to define the action plan put in
place, to improve the non-performing issues

 Subject to two negative quality reports where a hotel
achieved below average score, the hotel risks being
excluded from the network

        86
Support functions
and SOPs
Value Drivers
                                                                Marketing tools

 Hotels and regions can benefit from different tool
  kits enabling them to promote either the chain, one
  of our brands, a specific hotel, any promotion…
         Personalized materials (hotel brochure, factsheet…)
         Printed materials (Hotel directory, chain posters…)
         Templates for guideline (advertising….)

 Moreover, the Marketing department circulates
  newsletters every two months in 6 different
  languages to promote the hotels, offers or
  destinations.

 Newsletters are being sent to large client base,
  segmented as follows
         Corporate
         Leisure
         Ambassador Club Members
         Flavours Members

         88
Value Drivers
                                                                          Operational value drivers

                                                                                       Monthly reporting reports
   Golden Tulip provides hoteliers            Golden Tulip offers various cost
    extensive hospitality technological         saving possibilities such as
    solutions and recommendations               agreements with credit card and
    simplifying procedures and                  insurance companies.
    increasing effectiveness of                Furthermore the central
    operations                                  procurement system offers
   Technological developments made             competitive prices for food and
    available for hotels include:               non-food items from global
       Preferred     agreements        with    suppliers through chain-wide
        selected third party vendors            collective agreements
       Revenue management systems
       Property     management,        rate
        comparison     systems      (Internet
        rate Tracking software)
       Search engine optimisation
       Brochure production software

           89
Support Systems

Support

 Dedicated Franchise Service Manager

 Commercial Business Support Sessions

 Continuous Business Analysis

 Coordinated Sales Support Activities

 Toolkits and manuals

 Golden Tulip Training Academy

 On-line access to all materials and systems via GoldNet

                                            Golden Tulip’s FSMs
                                            Training in Paris on
                                            February 2014

     90
Brand standards and Operating procedures

 Brand standards and procedures
  Each hotel has direct online access to internal operating procedures and brand standards

                                                                                Ledesk.com to access SOPs

     91
Dedicated teams & tools for hotel management

       Strategy and action plan elaboration    A weekly newsletter on business
         with LHG support teams (Sales,                news: “l’Actu”
        Marketing, Pricing, HR, Purchase)

 Supervision and support for food                           Revenue Management
  safety: instruction manual and
               audits

        Cost control and financial reporting        Budget & Accounting

92
Louvre Hotels Group University
In 2012, Louvre Hotels Group launched its new corporate university, called U, in order to promote the integration of the
Group’s 19,000 employees worldwide and to improve their skills, using increasingly innovative teaching methods.

   Teaching 100% of employees every year using innovative & entertaining methods:

    From the basic trades all the way to advanced expertise, every one at Louvre Hotels Group beneficiates from a
    personal training adapted to its needs and tailored for its individual career path.

   Trainings focused on innovation in the hotel & catering industry:

    In keeping with Group strategy and priorities, U is committed to training its employees for the changes in the hotel
    & catering professions and to open up all of the programs and courses to its franchised partners.

   U provides bespoke programs that aim to cover all of the new skills sets:

       Revenue Management,
       Distribution,
       Sales,
       Customer Relations

   In order to facilitate everyone’s progress, U also dispenses comprehensive learning courses, such
    as:

     Integration courses like “Fast & Curious” for young graduates who want to become Hotel Managers;

     Qualifying courses , like the “Operations Assistant Professional Qualification Certificate”;

     Learning paths to enhance employee skills and progress within their position like “One Step Beyond”, which
      successfully trains about thirty Hotel Managers every year with a 95% success rate.

              93
Revenue Management

      Diagnosis                     Alarm                      Expertise

 Diagnosis of the hotel     Monitor the rate           Advocate a pricing
  situation & needs           positioning                 strategy for hotel

 Provide assistance         Supervise rate             Audit for hotels in
  and training on the         parities and opening        difficulties
  use of RM tools             of channels
                                                         Provide a monthly
 Support for the            The use of inventory        report with various
  implementation of           restrictions                statistics
  budgets
                             The use of promotion       Provide
                                                          recommendations
                                                          and answer any
                                                          questions (dedicated
                                                          E-mail box)

 Revenue Managers make diagnosis of hotel situation and then intervene as
                     trainer, alerter and expert.

    94
Purchase
PURCHASE INTRANET
An information tool containing the
                                         All hotels (franchise/management/subsidiary) can benefit from
inventory of suppliers and fresh news
                                          products & services with negotiated prices on recurring purchase.

                                         LHG can handle the whole purchase process, from the need
                                          expression to the contract drafting for non recurring purchase.

                                                                                              THE STORE
                                                       A purchasing system of approved suppliers for hotels

     95
LHG Technical Services

                                            Our Value Proposition:

                                             Optimize investments (Control the investment cost,
                                               management of operations and functions)

                                             Respect of Louvre Hotels Group brands standards

                                             Management of risks and of legal conformity
                                             Energy performance & maintenance

Our Technical Department offers 3 different services:

• Hospitality Technical Assistance
• Project Management Assistance
• Project Management Supervision

      96
For more information, please also visit our website:
www.louvre-hotels.com
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