<?xml version="1.0" encoding="UTF-8" ?>
			<?xml-stylesheet href="/rss/rss2html.xsl" type="text/xsl" media="screen"?>
			<rss version="2.0" xmlns:alacra="http://www.alacra.com" xmlns:sdc="http://www.alacra.com/sdc" xmlns:bir="http://www.alacra.com/bir" xmlns:ccbn="http://www.alacra.com/ccbn" xmlns:spcred="http://www.alacra.com/spcred" xmlns:moodys="http://www.alacra.com/moodys" xmlns:fitch="http://www.alacra.com/fitch" ><channel><title>Accor S.A. RSS Research Feed - Subscribe Today - AlacraStore.com</title>
<description>Accor S.A.</description>
<link>http://www.alacrastore.com/company-snapshot/Accor_S_A-1000157</link>
<lastBuildDate>08 Nov 2009 06:58:16 EST</lastBuildDate>
<alacra:xlsid>1000157</alacra:xlsid>
<alacra:company>Accor S.A.</alacra:company>
<language>en</language>
<generator>AlacraStore RSS Builder 1.0</generator>
<ttl>30</ttl>
<item><link>http://www.alacrastore.com/storecontent/ccbn/T2473233</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2473233</ccbn:docid><guid isPermaLink="false">ccbn/T2473233</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>15 Oct 2009 08:05:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2473233</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of AC.PA sales update conference call or presentation, 15-Oct-09 6:30pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Accor SA</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q3 2009 Accor SA Sales Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AC.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">6:30pm CET</ccbn:time><title>Q3 2009 Accor SA Sales Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Ian Rennardson Bank of America-Merrill Lynch - Analyst Simon Champion Deutsche Bank - Analyst Guillaume Rascoussier Oddo - Analyst Vaughan Lewis Morgan Stanley - Analyst Sebastien Valentin Societe Generale - Analyst John Leinster UBS - Analyst James Ainley Citi - Analyst Matthias Desmarais Exane BNP Paribas - Analyst Vicki Lee Barclays Capital - Analyst...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><title>Undisclosed Acquiror acquires Accor SA-Hotels(158) from Accor SA (pending)</title><description>FRANCE - Accor SA, an Evry Cedex-based owner and operator of hotels, planned to divest its ### F# hotels, to an undisclosed acquiror, for EUR ### mil (USD ###.### mil) in cash.</description><pubDate>24 Sep 2009 08:22:28 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">90449I</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">35155H</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">90449I</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">004347</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Undisclosed Acquiror</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Accor SA-HotelsF1(158)</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Undisclosed Acquiror</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Accor SA</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Undisclosed_Acquiror_acquires_Accor_SA_Hotels_158_from_Accor_SA-2110840040</link><guid isPermaLink="false">sdc/2110840040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2110840040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_MAINDUSTRY><sdc:value>Investment &amp; Commodity Firms,Dealers,Exchanges</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Unknown</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Investors, nec</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>6799</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>UN</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Unknown</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Private</sdc:value></sdc:a_STATUS><sdc:asic_SIC><sdc:value>6799:Investors, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value>6799:Investors, nec</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Hotels and Casinos</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>France</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Hotels and motels</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>7011</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>12752001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Unknown</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Own,op hotels</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value sdc:p="0">Cash</sdc:value><sdc:value sdc:p="1">Cash Only</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Assets</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1106573001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Sep 24 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value>1.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value>Unknown</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value>Unknown</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Unknown</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">The 158 F1hotels of Accor SA,</sdc:value><sdc:value sdc:p="1">located in France, owns and</sdc:value><sdc:value sdc:p="2">operates hotels.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">The 158 F1hotels of Accor SA, located in France, owns and</sdc:value><sdc:value sdc:p="1">operates hotels.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>The 158 F1hotels of Accor SA, located in France, owns and operates hotels.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>EURO</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>22 Sep 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Tue, 22 Sep 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 09/22/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. of Assets</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>272 EURO</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>272.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>272 EURO</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>272.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>272.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>272 EURO</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>1.47900</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>246.08100</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>402.36700</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>402.36700</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">FRANCE - Accor SA, an Evry</sdc:value><sdc:value sdc:p="1">Cedex-based owner and</sdc:value><sdc:value sdc:p="2">operator of hotels, planned</sdc:value><sdc:value sdc:p="3">to divest its 158 F1 hotels,</sdc:value><sdc:value sdc:p="4">to an undisclosed acquiror,</sdc:value><sdc:value sdc:p="5">for EUR 272 mil (USD 402.367</sdc:value><sdc:value sdc:p="6">mil) in cash.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>FRANCE - Accor SA, an Evry Cedex-based owner and operator of hotels, planned to divest its 158 F1 hotels, to an undisclosed acquiror, for EUR 272 mil (USD 402.367 mil) in cash.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">FRANCE - Accor SA, an Evry Cedex-based owner and operator of hotels, planned to divest its</sdc:value><sdc:value sdc:p="1">158 F1 hotels, to an undisclosed acquiror, for EUR 272 mil (USD 402.367 mil) in cash.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>FRANCE - Accor SA, an Evry Cedex-based owner and operator of hotels, planned to divest its 158 F1 hotels, to an undisclosed acquiror, for EUR 272 mil (USD 402.367 mil) in cash.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">FRANCE - Accor SA, an Evry Cedex-based owner and operator of hotels, planned to divest its 158 F1 hotels, to an undisclosed acquiror, for</sdc:value><sdc:value sdc:p="1">EUR 272 mil (USD 402.367 mil) in cash.</sdc:value></sdc:n_synopsis5><sdc:p_MANAGER_LONG2><sdc:value>BNP Paribas SA</sdc:value></sdc:p_MANAGER_LONG2><sdc:p_SEQ><sdc:value>1.00000</sdc:value></sdc:p_SEQ><sdc:p_TTOTFEENEG><sdc:value>0.00000</sdc:value></sdc:p_TTOTFEENEG><sdc:q_DESCR><sdc:value>Pending</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Pending</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value>7011:Hotels and motels</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>12752001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_NATION><sdc:value>Unknown</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>6799</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Unknown</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Private</sdc:value></sdc:upa1_STATUS><sdc:upsic_SIC><sdc:value sdc:p="0">7011:Hotels and motels</sdc:value><sdc:value sdc:p="1">7389:Business services, nec</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>102782002</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>Euro P.P.M</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>France</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>7011</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>AC</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>402.36700</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>272.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>402.36700</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>246.08100</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><title>Accor SA is rumored to be planning to acquire NH Hoteles SA</title><description>SPAIN - In September ####, Accor Sa of France was rumored to be planning to launch a tender offer to acquire NH Hoteles SA, a Madrid-based owner and operator of hotels.</description><pubDate>11 Sep 2009 07:54:43 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">004347</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">62912M</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">004347</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">62912M</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Accor SA</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">NH Hoteles SA</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Accor SA</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">NH Hoteles SA</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Accor_SA_is_rumored_to_be_planning_to_acquire_NH_Hoteles_SA-2106890040</link><guid isPermaLink="false">sdc/2106890040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2106890040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Euro P.P.M</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Hotels and Casinos</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>France</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Hotels and motels</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>7011</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>AC</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">7011:Hotels and motels</sdc:value><sdc:value sdc:p="1">7389:Business services, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">7011:Hotels and motels</sdc:value><sdc:value sdc:p="1">7389:Business services, nec</sdc:value></sdc:aupsic_SIC><sdc:b_EXCHANGE><sdc:value>Madrid</sdc:value></sdc:b_EXCHANGE><sdc:b_MAINDUSTRY><sdc:value>Hotels and Casinos</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Spain</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Hotels and motels</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>7011</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Public</sdc:value></sdc:b_STATUS><sdc:b_TICKER><sdc:value>NHH</sdc:value></sdc:b_TICKER><sdc:c_ACIDGEN><sdc:value>102782002</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Own,op hotels</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Own,op hotels</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Not Applicable</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Ordinary Share</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>135762002</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Sep 11 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>9.95500</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>41.29700</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>162.04000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>302.38700</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>335.06000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>230.53700</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>237.24100</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>251.42900</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>1472.97000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.60700</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>1.35800</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>-16.43600</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>-0.44900</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>-65.44200</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>-143.28700</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>1867.84600</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>380.49400</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>4584.44500</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ACURR_CODE><sdc:value>EUR</sdc:value></sdc:fiscal_ACURR_CODE><sdc:fiscal_ADATEFIN><sdc:value>31 Dec 08</sdc:value></sdc:fiscal_ADATEFIN><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>803.85900</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>10638.89400</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>15645.18600</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_CURRENCYLONG><sdc:value>EURO</sdc:value></sdc:fiscal_CURRENCYLONG><sdc:fiscal_DATEFIN><sdc:value>30 Jun 09</sdc:value></sdc:fiscal_DATEFIN><sdc:fiscal_FISCAL><sdc:value>31 Dec 08</sdc:value></sdc:fiscal_FISCAL><sdc:fiscal_FISCAL1><sdc:value>31 Dec 07</sdc:value></sdc:fiscal_FISCAL1><sdc:fiscal_FISCAL2><sdc:value>31 Dec 06</sdc:value></sdc:fiscal_FISCAL2><sdc:fiscal_FISCAL3><sdc:value>31 Dec 05</sdc:value></sdc:fiscal_FISCAL3><sdc:fiscal_FISCAL4><sdc:value>31 Dec 04</sdc:value></sdc:fiscal_FISCAL4><sdc:fiscal_RATE><sdc:value>1.40300</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value><sdc:value sdc:p="21">22.00000</sdc:value><sdc:value sdc:p="22">23.00000</sdc:value><sdc:value sdc:p="23">24.00000</sdc:value><sdc:value sdc:p="24">25.00000</sdc:value><sdc:value sdc:p="25">26.00000</sdc:value><sdc:value sdc:p="26">27.00000</sdc:value><sdc:value sdc:p="27">28.00000</sdc:value><sdc:value sdc:p="28">29.00000</sdc:value><sdc:value sdc:p="29">30.00000</sdc:value><sdc:value sdc:p="30">31.00000</sdc:value><sdc:value sdc:p="31">32.00000</sdc:value><sdc:value sdc:p="32">33.00000</sdc:value><sdc:value sdc:p="33">34.00000</sdc:value><sdc:value sdc:p="34">35.00000</sdc:value><sdc:value sdc:p="35">36.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Accor SA, headquartered in</sdc:value><sdc:value sdc:p="1">Evry, France, owns and</sdc:value><sdc:value sdc:p="2">operates hotels, from upper</sdc:value><sdc:value sdc:p="3">upscale to budget</sdc:value><sdc:value sdc:p="4">accommodations, under the</sdc:value><sdc:value sdc:p="5">Sofitel, Pullman, MGallery,</sdc:value><sdc:value sdc:p="6">Novotel, Mercure, Suitehotel,</sdc:value><sdc:value sdc:p="7">Ibis, all seasons, Etap Hotel,</sdc:value><sdc:value sdc:p="8">Formule 1, and Motel 6 brands.</sdc:value><sdc:value sdc:p="9">It owns about 3,893 hotels</sdc:value><sdc:value sdc:p="10">with a total of 461,698 rooms</sdc:value><sdc:value sdc:p="11">in 90 countries. The group</sdc:value><sdc:value sdc:p="12">also provides business</sdc:value><sdc:value sdc:p="13">services, such as employee</sdc:value><sdc:value sdc:p="14">benefits, rewards and loyalty</sdc:value><sdc:value sdc:p="15">programs and gift solutions,</sdc:value><sdc:value sdc:p="16">through Ticket which provides</sdc:value><sdc:value sdc:p="17">vouchers to employees to be</sdc:value><sdc:value sdc:p="18">used in restaurants,</sdc:value><sdc:value sdc:p="19">groceries, employee savings</sdc:value><sdc:value sdc:p="20">and retirement solutions,</sdc:value><sdc:value sdc:p="21">advice on housing, lifestyle,</sdc:value><sdc:value sdc:p="22">legal counseling and</sdc:value><sdc:value sdc:p="23">information on government</sdc:value><sdc:value sdc:p="24">programs, access to cultural,</sdc:value><sdc:value sdc:p="25">sports and leisure activities</sdc:value><sdc:value sdc:p="26">as well as eye examinations.</sdc:value><sdc:value sdc:p="27">The company also offers</sdc:value><sdc:value sdc:p="28">expense management solutions</sdc:value><sdc:value sdc:p="29">such as Ticket Clean Way for</sdc:value><sdc:value sdc:p="30">all types of cleaning of</sdc:value><sdc:value sdc:p="31">corporate clothing and Ticket</sdc:value><sdc:value sdc:p="32">Car, used to monitor expenses</sdc:value><sdc:value sdc:p="33">of company cars and utility</sdc:value><sdc:value sdc:p="34">vehicles. The company was</sdc:value><sdc:value sdc:p="35">founded in 1983.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Accor SA, headquartered in Evry, France, owns and operates</sdc:value><sdc:value sdc:p="1">hotels, from upper upscale to budget accommodations, under</sdc:value><sdc:value sdc:p="2">the Sofitel, Pullman, MGallery, Novotel, Mercure,</sdc:value><sdc:value sdc:p="3">Suitehotel, Ibis, all seasons, Etap Hotel, Formule 1, and</sdc:value><sdc:value sdc:p="4">Motel 6 brands. It owns about 3,893 hotels with a total of</sdc:value><sdc:value sdc:p="5">461,698 rooms in 90 countries. The group also provides</sdc:value><sdc:value sdc:p="6">business services, such as employee benefits, rewards and</sdc:value><sdc:value sdc:p="7">loyalty programs and gift solutions, through Ticket which</sdc:value><sdc:value sdc:p="8">provides vouchers to employees to be used in restaurants,</sdc:value><sdc:value sdc:p="9">groceries, employee savings and retirement solutions, advice</sdc:value><sdc:value sdc:p="10">on housing, lifestyle, legal counseling and information on</sdc:value><sdc:value sdc:p="11">government programs, access to cultural, sports and leisure</sdc:value><sdc:value sdc:p="12">activities as well as eye examinations. The company also</sdc:value><sdc:value sdc:p="13">offers expense management solutions such as Ticket Clean Way</sdc:value><sdc:value sdc:p="14">for all types of cleaning of corporate clothing and Ticket</sdc:value><sdc:value sdc:p="15">Car, used to monitor expenses of company cars and utility</sdc:value><sdc:value sdc:p="16">vehicles. The company was founded in 1983.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Accor SA, headquartered in Evry, France, owns and operates hotels, from upper upscale to budget accommodations, under the Sofitel, Pullman, MGallery, Novotel, Mercure, Suitehotel, Ibis, all seasons, Etap Hotel, Formule 1, and Motel 6 brands. It owns about 3,893 hotels with a total of 461,698 rooms in 90 countries. The group also provides business services, such as employee benefits, rewards and loyalty programs and gift solutions, through Ticket which provides vouchers to employees to be used in restaurants, groceries, employee savings and retirement solutions, advice on housing, lifestyle, legal counseling and information on government programs, access to cultural, sports and leisure activities as well as eye examinations. The company also offers expense management solutions such as Ticket Clean Way for all types of cleaning of corporate clothing and Ticket Car, used to monitor expenses of company cars and utility vehicles. The company was founded in 1983.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">NH Hoteles SA, headquartered</sdc:value><sdc:value sdc:p="1">in Madrid, Spain, owns and</sdc:value><sdc:value sdc:p="2">operates hotels. The company</sdc:value><sdc:value sdc:p="3">was founded on December 23,</sdc:value><sdc:value sdc:p="4">1981.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">NH Hoteles SA, headquartered in Madrid, Spain, owns and</sdc:value><sdc:value sdc:p="1">operates hotels. The company was founded on December 23,</sdc:value><sdc:value sdc:p="2">1981.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>NH Hoteles SA, headquartered in Madrid, Spain, owns and operates hotels. The company was founded on December 23, 1981.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>147.97000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>09 Sep 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Wed, 09 Sep 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 09/09/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acquisition</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Neutral</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>1396.15900</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_C1DAY><sdc:value>4.91200</sdc:value></sdc:m_C1DAY><sdc:m_C1WK><sdc:value>4.46600</sdc:value></sdc:m_C1WK><sdc:m_C4WK><sdc:value>4.21900</sdc:value></sdc:m_C4WK><sdc:m_CF3YGR><sdc:value>14.52800</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>4.72200</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.46600</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>-40.27400</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>1620.04900</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>2.64100</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>1801.33800</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>11.71900</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>11.39200</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>-34.50000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>-10.70100</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">SPAIN - In September 2009,</sdc:value><sdc:value sdc:p="1">Accor Sa of France was</sdc:value><sdc:value sdc:p="2">rumored to be planning to</sdc:value><sdc:value sdc:p="3">launch a tender offer to</sdc:value><sdc:value sdc:p="4">acquire NH Hoteles SA, a</sdc:value><sdc:value sdc:p="5">Madrid-based owner and</sdc:value><sdc:value sdc:p="6">operator of hotels.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>SPAIN - In September 2009, Accor Sa of France was rumored to be planning to launch a tender offer to acquire NH Hoteles SA, a Madrid-based owner and operator of hotels.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">SPAIN - In September 2009, Accor Sa of France was rumored to be planning to launch a</sdc:value><sdc:value sdc:p="1">tender offer to acquire NH Hoteles SA, a Madrid-based owner and operator of hotels.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>SPAIN - In September 2009, Accor Sa of France was rumored to be planning to launch a tender offer to acquire NH Hoteles SA, a Madrid-based owner and operator of hotels.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">SPAIN - In September 2009, Accor Sa of France was rumored to be planning to launch a tender offer to acquire NH Hoteles SA, a</sdc:value><sdc:value sdc:p="1">Madrid-based owner and operator of hotels.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Rumor</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>3563.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>575.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>7610.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>11191.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>7.09400</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>115.47000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>215.48100</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>238.76400</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>164.28100</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>169.05800</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>179.16800</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>1049.63800</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>-11.71200</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.18000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.55000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.50500</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>-0.32000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>1283.63300</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>1305.43700</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>1355.23400</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>1045.93100</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>893.71400</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>847.88700</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>26.79200</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>77.44300</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>62.44800</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>62.24300</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>42.13200</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>-46.63400</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>8.78000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>108.00200</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>86.94500</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>88.22600</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>79.13900</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>-102.10600</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>1460.10800</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>1463.62600</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>1094.52100</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>976.54300</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>950.00800</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>1331.02700</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>3266.87500</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>3241.26400</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>3280.94200</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>2681.85300</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>2106.92200</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>1821.06800</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Rumor</sdc:value></sdc:q_STATUS><sdc:r_CURR_CODE><sdc:value>EUR</sdc:value></sdc:r_CURR_CODE><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>-68.22200</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>-42.28700</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>15.50000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>11.34300</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>1472.97000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>9.93600</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>15.50400</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value>7011:Hotels and motels</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>102782002</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Euro P.P.M</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>France</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>7011</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>AC</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value>7011:Hotels and motels</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>135762002</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>Madrid</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>Spain</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>7011</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>NHH</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>0.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>0.00000</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/research/s-and-p-credit-research-Accor_BBB_Ratings_On_CreditWatch_Negative_On_Weaker_Performance_And_Uncertainties_Regarding_Possible_Services_Demerger-745880</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">745880</spcred:docid><guid isPermaLink="false">spcred/745880</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>10 Sep 2009 03:19:36 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><title>Accor 'BBB' Ratings On CreditWatch Negative On Weaker Performance And Uncertainties Regarding Possible Services Demerger</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><description>The latest News from S&amp;P</description><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Hotels, Resorts &amp; Cruise Lines</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Latin America</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M0</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M1</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M6</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">25301020 253010 2530 25</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Accor S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">126765</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">AC@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CDO</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Hotel</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/s-and-p-credit-research-Research_Update_Accor_BBB_Ratings_On_CreditWatch_Negative_On_Weaker_Performance_And_Uncertainties_Regarding_Possible_Services_Demerger-745881</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">745881</spcred:docid><guid isPermaLink="false">spcred/745881</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>10 Sep 2009 03:19:36 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Research Update: Accor 'BBB' Ratings On CreditWatch Negative On Weaker Performance And Uncertainties Regarding Possible Services Demerger</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><description>The latest Research Update from S&amp;P</description><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Hotels, Resorts &amp; Cruise Lines</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Latin America</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M0</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M1</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M6</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">25301020 253010 2530 25</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Accor S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">126765</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">AC@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CDO</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Hotel</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_186001_9230</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_186001_9230</moodys:docid><guid isPermaLink="false">moodys/PR_186001_9230</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>03 Sep 2009 04:39:07 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">ACCOR S.A.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">ACCOR S.A.</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">9230</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">02 Sep 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's changes outlook on Accor's P-3 rating to negative</title><description>Global Credit Research Rating Action # SEP ####   Rating Action: ACCOR S.A. Moody's changes outlook on Accor's P-# rating to negative London, ## September #### -- Moody's Investors Service has today changed the outlook on Accor's Prime-#...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/505508_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">505508_pr_frame</fitch:docid><guid isPermaLink="false">fitch/505508_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Accor S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Orbis S.A.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80692589</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361056</fitch:companyid><pubDate>28 Aug 2009 10:17:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01032100</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ORB</fitch:ticker><title>Fitch Places Accor S.A. on Rating Watch Evolving</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2406514</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2406514</ccbn:docid><guid isPermaLink="false">ccbn/T2406514</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>27 Aug 2009 09:05:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2406514</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of AC.PA earnings conference call or presentation, 27-Aug-09 8:30am CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Accor SA</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Interim 2009 Accor SA Earnings Presentation Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AC.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">8:30am CET</ccbn:time><title>Interim 2009 Accor SA Earnings Presentation Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Alexander Bretzplatt - Analyst Bruno Cortand - Analyst Guillaume Rascoussier Oddo Securities - Analyst Jerome Marme Journal des Finances - Media Matthias Desmarais Exane - Analyst Elena Polonska The Hotel Magazine - Media P R E S E N T A T I O N...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/bir/460002</link><bir:docid xmlns:bir="http://www.alacra.com/bir">460002</bir:docid><guid isPermaLink="false">bir/460002</guid><bir:index_mode xmlns:bir="http://www.alacra.com/bir">norm</bir:index_mode><bir:class xmlns:bir="http://www.alacra.com/bir">9</bir:class><bir:company xmlns:bir="http://www.alacra.com/bir">ACCOR S.A.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Red Roof Inns Inc.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">Motel 6 Operating LP</bir:company><bir:cou xmlns:bir="http://www.alacra.com/bir">France</bir:cou><pubDate>01 Aug 2009 06:12:00 EST</pubDate><bir:descr xmlns:bir="http://www.alacra.com/bir">Services: Hotels, corporate services, casinos and travel agencies. The company had 3,900 hotels in December 2003 in 90 countries from budget to luxury hotels.</bir:descr><bir:exch xmlns:bir="http://www.alacra.com/bir">PARIS</bir:exch><bir:naics xmlns:bir="http://www.alacra.com/bir">721110</bir:naics><bir:revenue xmlns:bir="http://www.alacra.com/bir">M</bir:revenue><bir:sic xmlns:bir="http://www.alacra.com/bir">7011</bir:sic><bir:size xmlns:bir="http://www.alacra.com/bir">I</bir:size><bir:snaics xmlns:bir="http://www.alacra.com/bir">532111</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">561510</bir:snaics><bir:ssic xmlns:bir="http://www.alacra.com/bir">4724</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">7514</bir:ssic><bir:ticker xmlns:bir="http://www.alacra.com/bir">AC</bir:ticker><title>ACCOR S.A.</title><description>Services: Hotels, corporate services, casinos and travel agencies. The company had 3,900 hotels in December 2003 in 90 countries from budget to luxury hotels.</description><category>Company Profiles &amp; Financials</category><alacra:ip>Gale Company Profiles</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/502139_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">502139_pr_frame</fitch:docid><guid isPermaLink="false">fitch/502139_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Orbis S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Accor S.A.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80692589</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361056</fitch:companyid><pubDate>29 Jul 2009 10:20:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01032100</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ORB</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AC</fitch:ticker><title>Fitch Affirms Poland's Orbis at 'BBB+(pol)'</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2297404</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2297404</ccbn:docid><guid isPermaLink="false">ccbn/T2297404</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>17 Jul 2009 04:06:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2297404</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of AC.PA sales update conference call or presentation, 16-Jul-09 6:30pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Accor SA</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q2 2009 Accor SA Sales Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AC.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">6:30pm CET</ccbn:time><title>Q2 2009 Accor SA Sales Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Vicki Lee Barclays Capital - Analyst Simon Champion Deutsche Bank - Analyst Ian Rennardson Banc of America Securities - Analyst Guillaume Rascoussier Oddo Securities - Analyst Peter Hyde Credit Suisse - Analyst Michael Kass Barron - Analyst Draziotis Leinster UBS - Analyst P R E S E N T A T I O N...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/458666_report_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">458666_report_frame</fitch:docid><guid isPermaLink="false">fitch/458666_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Accor S.A.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361056</fitch:companyid><pubDate>15 Jul 2009 02:16:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01032100</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">165</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Credit Update</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">12040</fitch:ticker><title>Accor SA</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/498676_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">498676_pr_frame</fitch:docid><guid isPermaLink="false">fitch/498676_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Accor S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Orbis S.A.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80692589</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361056</fitch:companyid><pubDate>02 Jul 2009 10:32:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01032100</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ORB</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">12040</fitch:ticker><title>Fitch Downgrades Accor to 'BBB-'/'F3'</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/722190</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">722190</spcred:docid><guid isPermaLink="false">spcred/722190</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>15 May 2009 10:24:00 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">400</spcred:price><title>Accor S.A.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:type><description>The latest Full Report from S&amp;P</description><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Hotels, Resorts &amp; Cruise Lines</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Latin America</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M0</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M1</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M6</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">25301020 253010 2530 25</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Accor S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">126765</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">AC@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">FULL</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CDO</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Hotel</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/722191</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">722191</spcred:docid><guid isPermaLink="false">spcred/722191</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>15 May 2009 10:24:00 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Summary: Accor S.A.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><description>The latest Summary from S&amp;P</description><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Hotels, Resorts &amp; Cruise Lines</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Latin America</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M0</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M1</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M6</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">25301020 253010 2530 25</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Accor S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">126765</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">AC@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CDO</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Hotel</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/COP_9230</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">COP_9230</moodys:docid><guid isPermaLink="false">moodys/COP_9230</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>05 May 2009 04:26:00 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">ACCOR S.A.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">ACCOR S.A.</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">9230</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">04 Sep 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Credit Opinion</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>ACCOR S.A.</title><description>Global Credit Research Credit Opinion # SEP ####   Credit Opinion: ACCOR S.A. ACCOR S.A. Paris, France Ratings Category Moody's Rating Outlook Negative Commercial Paper -Dom Curr P-# Contacts Analyst Phone Marika Makela/London ##.##.####.####...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2159476</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2159476</ccbn:docid><guid isPermaLink="false">ccbn/T2159476</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>16 Apr 2009 05:05:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2159476</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of AC.PA sales update conference call or presentation, 16-Apr-09 6:30pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Accor SA</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2009 Accor SA Sales Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AC.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">6:30pm CET</ccbn:time><title>Q1 2009 Accor SA Sales Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Ian Rennardson Merrill Lynch - Analyst Craig Fraser Liberon Capital - Analyst Vicki Lee Barclays Capital - Analyst Vaughan Lewis Morgan Stanley - Analyst Guillaume Rascoussier Oddo Securities - Analyst Pierre Lamelin Cheuvreux - Analyst Catherine Rolland Kepler - Analyst Peter Hyde Credit Suisse - Analyst P R E S E N T A T I O N...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/713799</link><guid isPermaLink="false">spcred/713799</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">713799</spcred:docid><description>The latest News from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>03 Apr 2009 01:29:00 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><title>Accor S.A. Outlook Revised To Negative On Worsening Macroeconomic Prospects For Hotel Business; 'BBB' Affirmed</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Hotels, Resorts &amp; Cruise Lines</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Latin America</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Hotel &amp; Gaming</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Collateralized Debt Obligations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Commercial MBS</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M0</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M1</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M6</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">25301020 253010 2530 25</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Accor S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">126765</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">AC@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CDO</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Hotel</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/713800</link><guid isPermaLink="false">spcred/713800</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">713800</spcred:docid><description>The latest Research Update from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>03 Apr 2009 01:29:00 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Research Update: Accor S.A. Outlook Revised To Negative On Worsening Macroeconomic Prospects For Hotel Business; 'BBB' Affirmed</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">France</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Hotels, Resorts &amp; Cruise Lines</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Latin America</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Hotel &amp; Gaming</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Collateralized Debt Obligations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Commercial MBS</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">FRA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M0</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M1</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">0043M6</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">25301020 253010 2530 25</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Accor S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">126765</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">AC@FP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CDO</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Hotel</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><title>Accor SA acquires remaining interest in Accor Radhakrishna Corporate (pending)</title><description>INDIA ? Accor SA (AS) of France planned to acquire the remaining undisclosed minority stake in Accor Radhakrishna Corporate Services Pvt Ltd (AR), an eating place owner and operator, from OCS Ltd of the UK. Upon completion, AR was to become a wholly owned subsidiary of AS.</description><pubDate>19 Mar 2009 08:17:24 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">004347</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">01427P</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">004347</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">004347</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Accor SA</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Accor Radhakrishna Corporate Services Pvt Ltd</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Accor SA</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Accor SA</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Accor_SA_acquires_remaining_interest_in_Accor_Radhakrishna_Corporate-2058328040</link><guid isPermaLink="false">sdc/2058328040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2058328040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Euro P.P.M</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Hotels and Casinos</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>France</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Hotels and motels</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>7011</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>AC</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">7011:Hotels and motels</sdc:value><sdc:value sdc:p="1">7389:Business services, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">7011:Hotels and motels</sdc:value><sdc:value sdc:p="1">7389:Business services, nec</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Retail Trade-Eating and Drinking Places</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>India</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Eating places</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>5812</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>102782002</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Own,op hotels</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Own,op hotels</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Unspecified</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Stock</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1073757001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Mar 19 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value><sdc:value sdc:p="21">22.00000</sdc:value><sdc:value sdc:p="22">23.00000</sdc:value><sdc:value sdc:p="23">24.00000</sdc:value><sdc:value sdc:p="24">25.00000</sdc:value><sdc:value sdc:p="25">26.00000</sdc:value><sdc:value sdc:p="26">27.00000</sdc:value><sdc:value sdc:p="27">28.00000</sdc:value><sdc:value sdc:p="28">29.00000</sdc:value><sdc:value sdc:p="29">30.00000</sdc:value><sdc:value sdc:p="30">31.00000</sdc:value><sdc:value sdc:p="31">32.00000</sdc:value><sdc:value sdc:p="32">33.00000</sdc:value><sdc:value sdc:p="33">34.00000</sdc:value><sdc:value sdc:p="34">35.00000</sdc:value><sdc:value sdc:p="35">36.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Accor SA, headquartered in</sdc:value><sdc:value sdc:p="1">Evry, France, owns and</sdc:value><sdc:value sdc:p="2">operates hotels, from upper</sdc:value><sdc:value sdc:p="3">upscale to budget</sdc:value><sdc:value sdc:p="4">accommodations, under the</sdc:value><sdc:value sdc:p="5">Sofitel, Pullman, MGallery,</sdc:value><sdc:value sdc:p="6">Novotel, Mercure, Suitehotel,</sdc:value><sdc:value sdc:p="7">Ibis, all seasons, Etap Hotel,</sdc:value><sdc:value sdc:p="8">Formule 1, and Motel 6 brands.</sdc:value><sdc:value sdc:p="9">It owns about 3,893 hotels</sdc:value><sdc:value sdc:p="10">with a total of 461,698 rooms</sdc:value><sdc:value sdc:p="11">in 90 countries. The group</sdc:value><sdc:value sdc:p="12">also provides business</sdc:value><sdc:value sdc:p="13">services, such as employee</sdc:value><sdc:value sdc:p="14">benefits, rewards and loyalty</sdc:value><sdc:value sdc:p="15">programs and gift solutions,</sdc:value><sdc:value sdc:p="16">through Ticket which provides</sdc:value><sdc:value sdc:p="17">vouchers to employees to be</sdc:value><sdc:value sdc:p="18">used in restaurants,</sdc:value><sdc:value sdc:p="19">groceries, employee savings</sdc:value><sdc:value sdc:p="20">and retirement solutions,</sdc:value><sdc:value sdc:p="21">advice on housing, lifestyle,</sdc:value><sdc:value sdc:p="22">legal counseling and</sdc:value><sdc:value sdc:p="23">information on government</sdc:value><sdc:value sdc:p="24">programs, access to cultural,</sdc:value><sdc:value sdc:p="25">sports and leisure activities</sdc:value><sdc:value sdc:p="26">as well as eye examinations.</sdc:value><sdc:value sdc:p="27">The company also offers</sdc:value><sdc:value sdc:p="28">expense management solutions</sdc:value><sdc:value sdc:p="29">such as Ticket Clean Way for</sdc:value><sdc:value sdc:p="30">all types of cleaning of</sdc:value><sdc:value sdc:p="31">corporate clothing and Ticket</sdc:value><sdc:value sdc:p="32">Car, used to monitor expenses</sdc:value><sdc:value sdc:p="33">of company cars and utility</sdc:value><sdc:value sdc:p="34">vehicles. The company was</sdc:value><sdc:value sdc:p="35">founded in 1983.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Accor SA, headquartered in Evry, France, owns and operates</sdc:value><sdc:value sdc:p="1">hotels, from upper upscale to budget accommodations, under</sdc:value><sdc:value sdc:p="2">the Sofitel, Pullman, MGallery, Novotel, Mercure,</sdc:value><sdc:value sdc:p="3">Suitehotel, Ibis, all seasons, Etap Hotel, Formule 1, and</sdc:value><sdc:value sdc:p="4">Motel 6 brands. It owns about 3,893 hotels with a total of</sdc:value><sdc:value sdc:p="5">461,698 rooms in 90 countries. The group also provides</sdc:value><sdc:value sdc:p="6">business services, such as employee benefits, rewards and</sdc:value><sdc:value sdc:p="7">loyalty programs and gift solutions, through Ticket which</sdc:value><sdc:value sdc:p="8">provides vouchers to employees to be used in restaurants,</sdc:value><sdc:value sdc:p="9">groceries, employee savings and retirement solutions, advice</sdc:value><sdc:value sdc:p="10">on housing, lifestyle, legal counseling and information on</sdc:value><sdc:value sdc:p="11">government programs, access to cultural, sports and leisure</sdc:value><sdc:value sdc:p="12">activities as well as eye examinations. The company also</sdc:value><sdc:value sdc:p="13">offers expense management solutions such as Ticket Clean Way</sdc:value><sdc:value sdc:p="14">for all types of cleaning of corporate clothing and Ticket</sdc:value><sdc:value sdc:p="15">Car, used to monitor expenses of company cars and utility</sdc:value><sdc:value sdc:p="16">vehicles. The company was founded in 1983.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Accor SA, headquartered in Evry, France, owns and operates hotels, from upper upscale to budget accommodations, under the Sofitel, Pullman, MGallery, Novotel, Mercure, Suitehotel, Ibis, all seasons, Etap Hotel, Formule 1, and Motel 6 brands. It owns about 3,893 hotels with a total of 461,698 rooms in 90 countries. The group also provides business services, such as employee benefits, rewards and loyalty programs and gift solutions, through Ticket which provides vouchers to employees to be used in restaurants, groceries, employee savings and retirement solutions, advice on housing, lifestyle, legal counseling and information on government programs, access to cultural, sports and leisure activities as well as eye examinations. The company also offers expense management solutions such as Ticket Clean Way for all types of cleaning of corporate clothing and Ticket Car, used to monitor expenses of company cars and utility vehicles. The company was founded in 1983.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Accor Radhakrishna Corporate</sdc:value><sdc:value sdc:p="1">Services Pvt Ltd, located in</sdc:value><sdc:value sdc:p="2">India, owns and operates</sdc:value><sdc:value sdc:p="3">eating places.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Accor Radhakrishna Corporate Services Pvt Ltd, located in</sdc:value><sdc:value sdc:p="1">India, owns and operates eating places.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Accor Radhakrishna Corporate Services Pvt Ltd, located in India, owns and operates eating places.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>18 Mar 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Wed, 18 Mar 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 03/18/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. Rem. Int.</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Neutral</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>0.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>0.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">INDIA ? Accor SA (AS) of</sdc:value><sdc:value sdc:p="1">France planned to acquire the</sdc:value><sdc:value sdc:p="2">remaining undisclosed</sdc:value><sdc:value sdc:p="3">minority stake in Accor</sdc:value><sdc:value sdc:p="4">Radhakrishna Corporate</sdc:value><sdc:value sdc:p="5">Services Pvt Ltd (AR), an</sdc:value><sdc:value sdc:p="6">eating place owner and</sdc:value><sdc:value sdc:p="7">operator, from OCS Ltd of the</sdc:value><sdc:value sdc:p="8">UK. Upon completion, AR was</sdc:value><sdc:value sdc:p="9">to become a wholly owned</sdc:value><sdc:value sdc:p="10">subsidiary of AS.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>INDIA ? Accor SA (AS) of France planned to acquire the remaining undisclosed minority stake in Accor Radhakrishna Corporate Services Pvt Ltd (AR), an eating place owner and operator, from OCS Ltd of the UK. Upon completion, AR was to become a wholly owned subsidiary of AS.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">INDIA ? Accor SA (AS) of France planned to acquire the remaining undisclosed minority</sdc:value><sdc:value sdc:p="1">stake in Accor Radhakrishna Corporate Services Pvt Ltd (AR), an eating place owner and</sdc:value><sdc:value sdc:p="2">operator, from OCS Ltd of the UK. Upon completion, AR was to become a wholly owned</sdc:value><sdc:value sdc:p="3">subsidiary of AS.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">INDIA ? Accor SA (AS) of France planned to acquire the remaining undisclosed minority stake in Accor Radhakrishna Corporate Services Pvt Ltd (AR), an eating place owner and operator, from OCS Ltd of</sdc:value><sdc:value sdc:p="1">the UK. Upon completion, AR was to become a wholly owned subsidiary of AS.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">INDIA ? Accor SA (AS) of France planned to acquire the remaining undisclosed minority stake in Accor Radhakrishna Corporate Services Pvt</sdc:value><sdc:value sdc:p="1">Ltd (AR), an eating place owner and operator, from OCS Ltd of the UK. Upon completion, AR was to become a wholly owned subsidiary of AS.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Pending</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Pending</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value>5812:Eating places</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>102782002</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Euro P.P.M</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>France</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>7011</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>AC</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">7011:Hotels and motels</sdc:value><sdc:value sdc:p="1">7389:Business services, nec</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>102782002</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>Euro P.P.M</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>France</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>7011</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>AC</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>0.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>0.00000</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item></channel></rss>