WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019

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WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019
WHY INVEST IN
      JO&JOE
   ACCOR GLOBAL DEVELOPMENT
               FEBRUARY 2019
WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019
WHY INVEST IN JO&JOE | POSITIONING

                                                  MANIFESTO
                 We create places where travellers and locals meet to brunch, drink, enjoy an evening and stay the night.
                 Whether you are coming in from around the corner or arriving from the other side of the world, come as
                                                      you are and join the family.

                                      Travelling around the corner, or at the other end of the world.

                    Travelling is no longer about finding the right flights or accommodation, it’s about feeling a part of
                               something, about emotions and encounters, about sharing and having fun…

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WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019
WHY INVEST IN JO&JOE | BRAND USPs

 JO&JOE TOP 3 USPs

               REDIFINING                        THE BEST ATMOSPHERE                  A PROFITABLE BUSINESS
              HOSPITALITY                           & DESIGN OF ITS                           MODEL
                                                      CATEGORY

      •   The fun of a hostel & the          •    Awesome design by                   •   Optimization of beds per
          comfort of a hotel                      signature designers as                  sqm
                                                  Penson & strong brand
                                                  design touch points (pizza
                                         X        sofa)
                                                                                  =
      •   Enhanced F&B concepts              •    Lively lifestyle open               •   Augmented F&B footprint
                                                  common spaces,
                                                  entertainment, activities and
                                                  private “Open House to
                                                  share” for guests

      •   The best affordable place to       •    Great friendly one of a kind        •   Higher room rate and F&B
          sleep or eat in the                     teams                                   revenue per sqm
          destination

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WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019
WHY INVEST IN JO&JOE | THE OPEN HOUSE

  WE ARE CREATING
   The Open House
           An inviting place to share, accessible
                    and welcoming to all.

           A place where Townsters (locals) and
          Tripsters (travellers) can co-exist. Set in
           a unique design, with local food, full of
                       events and talent.

           A place where you can raise a glass in
           unison, be together, have a bite, chat,
          laugh, unwind, dream, work, play, love,
           practice yoga, play guitar, get a tattoo
            and explore the niches of a new city.
          Sleep in comfort, secure and safe either
          alone, with your family, friends, partners
                       or soulmate.…

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WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019
WHY INVEST IN JO&JOE | KEY PROGRAMS

                                       JO&JOE
                                        Essentials

                         OUR TEAM
                                            OPEN DESIGN        HAPPY FLOORS
                                                               & HAPPY HOUSE

                                      HOMEMADE MEALS, LOCAL
                                         FOOD, AFFORDABLE          A FUN AND LIVELY
                                       PRICES AND JUST WHAT          ATMOSPHERE
                                             YOU NEED
                                                  -
                                       THE BAR: THE HEART OF
                                        JO&JOE’S EXPERIENCE

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WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019
WHY INVEST IN JO&JOE | KEY PROGRAMS

           Our team
         becomes your
             team
           Teamsters are a melting pot of
          various personalities, experiences
          and talent that recreates the heart
           and soul of the JO&JOE brand.

         They instigate unforgettable memories
          and unbreakable bonds creating the
              DNA of each Open House.

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WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019
WHY INVEST IN JO&JOE | KEY PROGRAMS

                          OPEN
                          design
                     Open spaces that make sharing
                        easier : a terrace, a garden, a
                                              courtyard,
                    a rooftop an open kitchen shared
                  tables with platters for all, the pizza
                                                     bed,
                 and exciting and innovative spaces.

                                                            « A well-designed space is the secret of a satisfying
                                                            and happy life.
                                                            Life is too short to be spent in a sad or inefficient
                                                            place. »
                                                            LEE PENSON

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WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019
WHY INVEST IN JO&JOE | KEY PROGRAMS

              A fun and lively
               atmosphere
           Throughout the day and night you can find
               a variety of events adapted for all.

              Activities and events organized and
           scheduled with the community. Cultural,
            artistic, entertaining, variety, charitable,
                          environmental.

            “Happy Accidents” that occur, born from
             spontaneity, encouraged by the teams,
          facilitated by the design, enhanced with the
                 equipment and sustained by the
                           atmosphere.

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WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019
WHY INVEST IN JO&JOE | KEY PROGRAMS

                                                                    Homemade cuisine,
                The bar,                                   local food, accessible prices, quality
         the heart of a JO&JOE                               guaranteed, without the pricetag!
               experience

                                                                   Affordable meals throughout the day,
                                                                 Simple receipes, local ingredients of the
                                                                              highest quality,
                                                                  Homemade meals cooked on the spot.
A bar with a strong identity, at the heart of the JO&JOE
            experience providing hospitality,                    An experience revisited for more flexibility
            at all times, throughout the day.                  (orders made and picked up by the customer)
                                                                          and fluidity (Cashless)
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WHY INVEST IN JO&JOE ACCOR GLOBAL DEVELOPMENT FEBRUARY 2019
WHY INVEST IN JO&JOE | KEY PROGRAMS

        Happy House                                                        Happy Floors
            SHARED KITCHEN

            VENDING MACHINE 24/7

            COSY LOUNGE : SCREENS, GAMES..

You can live at your own pace, just like home:
     a private space for Tripsters only

        Common Spaces

              WASHING MACHINE

              LOCKERS                            Sleeping spaces tailored to everyone’s needs and means: private bedrooms /
                                                                          shared rooms / apartments

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WHY INVEST IN JO&JOE | NETWORK & PIPELINE

                                                                 We’re coming!

                                                                           HOSSEGOR 2017

                                                                           PARIS GENTILLY 2018

                                                                           BUDAPEST 2020

                                                                           KRAKOW 2020

                                                                           LONDON OLYMPIA 2020

                                                                           PARIS BUZENVAL 2020

                                                                           RIO LARGO BOTICÀRIO 2020-2021

                Coming soon : Rome, Vienna, Montpellier, Liverpool,   A hundred cities have been identified to host
                Glasgow, Edinburgh, Amsterdam, London                 JO&JOE, 30 of which, within 5 years.

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WHY INVEST IN JO&JOE | NETWORK & PIPELINE
                                            UPCOMING OPENING 2019
                                                      PARIS GENTILLY, FRANCE
                                                                  185 ROOMS
                                                                 MARCH 2019
WHY INVEST IN JO&JOE | COMMUNICATION

                                                   FACEBOOK

       SOCIAL
     NETWORKS
      A mixture of our identity
  and that of the local environment
    Social Media Goal : To show
      the JO&JOE experience
        and the communities
            surrounding it

                                       INSTAGRAM

                                                              PR & INFLUENCE
                                                              Extra care given to our relationships
                                                                 with the press and influencers

                                                                    MAKE SOME NOISE
                                                                   Over the top, hard hitting
                                                                          openings

                                                                                           30
                                                                                            17

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WHY INVEST IN JO&JOE | COMMUNICATION

                                             AWARDS

                   TOP COM                LE GRAND PRIX          LE GRAND PRIX                CRISTAL
                GRAND PRIX 2017            STRATÉGIES              STRATÉGIE                FESTIVAL 2017
            GRAND PRIX Design category    DU DESIGN 2017         DU DIGITAL 2018                WITH WCIE
               Logotype (Branding)           WITH WCIE            STORE / RETAIL             BRONZE Design /
                   WITH WCIE             GOLD: Brand creation        dispositifs          Consumer’s Brand Identity
              « Launching of Jo&Joe »          category            Drive to store         category for the lauching
                                         GOLD: General design   GOLD BETC DIGITAL               of JO&JOE
                                               category             for JO&JOE

              FIRST PRICE AT PRIX                LABEL               RED DOT                   DATA DRIVEN
                COMMUNICATION                 WITH WCIE              WITH WCIE                  CAMPAIGN
              & ENTREPRISE UJJEF            Design Observer     Brand Identity Category           SILVER
                                             Category 2018                                     BETC DIGITAL
                    WITH WCIE
                                                                                                for JO&JOE

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WHY INVEST IN JO&JOE | PERFORMANCE

                            DISTRIBUTION & DIGITAL

                   STRONG DIRECT CHANNEL
                                                                THE STRENGTH OF
                    www.joandjoe.com

                                                                                             Accorhotels.com

          SEO       Responsive   Acquisition   Brand market   International sales
        friendly                 Marketing        window            teams

                   INDIRECT DISTRIBUTION
                                                                « 2/3 of young travellers plan
                                                                      their trip on their
                                                                      smartphones… »
                                                                              MOBILE FIRST

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WHY INVEST IN JO&JOE | PERFORMANCE

                                ACCOR DISTRIBUTION SOLUTION
                       ACCOR OFFERS >110 GLOBAL DISTRIBUTION PARTNERSHIPS AT BEST MARKET CONDITIONS

Source : CRS by end of 2018
                                                                                                      16
WHY INVEST IN JO&JOE | PERFORMANCE

                                       ACCOR LOYALTY PROGRAM
                            ACCOR OWNS THE MOST INTERNATIONAL AND FAST GROWING LOYALTY PROGRAM

                                                                    Guest origin
                 Loyalty members                                              Northern                         A worldwide
                    worldwide                                                 Europe
                                                                               12%                                program
                                                                                              Americas
            Le Club AccorHotels                                     France                      31%                            20 brands
            FRS loyalty program
                                                    173M             13%
                                                                                                            3,500 hotels in 100 countries
            Huazhu loyalty program                                Central &
                                                                  Eastern
                                                                                                                         Free enrollment
                                                                   Europe                                     100% web based program
                                                                    6%
                                                                                                          Partnerships with major airline
                                                                          Medite-        Asia-Pacific     loyalty programmes: Skyteam,
                                      106M          120                  rranean,
                                                                        Middle East
                                                                                            18%              One World, Star Alliance…
                                             100                        & Africa…

                                       70

                                             4,7                         >53
                                       4                                                                 LE CLUB ACCORHOTELS

                                              40
                                                     53                MILLION                                REPRESENTS

                                25     32                            MEMBERS WORLDWIDE
       10       14     18                                                                                    34.6%
     2012     2013    2014     2015   2016   2017   2018                +27,700                           OF ALL ROOMNIGHTS
                                                                      MEMBERS EVERY DAY

Source : LCAH by end of 2018
                                                                                                                                            17
WHY INVEST IN JO&JOE | PERFORMANCE

                                      BUSINESS MODEL
                                      A turnover structure based on:

                Accommodation                               A « professional » offer:                            F&B
                (Prices per night                         groups, incentives, meetings.                   35 to 55% of our
                from 19 €/bed * )                                                                              turnover
                                                                                                        (meals less than 10€*)

                                    From 250 beds                                       Construction, renovation, conversion
                                    10 to 11 M²/bed ratio in total TGFA                 Historical and atypical places
                                                                                        (boats, gymnasiums, cinemas, mills…)

                        An optimized level of profitability enabling both Tripsters and Investors to sleep soundly at night.

                                                                    *prix base France                                            18

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WHY INVEST IN JO&JOE | PERFORMANCE

                                                   OUT OF ORDINARY
                                                   Can be all kind of rooms with a specific
                                                   and unique design

   Open                              5%
                              APARTMENT
                                                                                          45 %
                                                                                          YOURS 2 / 3

  House                            6 beds
                                                                                          Private bedrooms 2 to 3 beds

      JO&JOE TYPE
                                                                                          30 %
                                                                                          TOGETHER 4
                                                                                          Small dormitories of 4 beds
                                     HAPPY HOUSE

                                                                                          20 %
                                                                                          TOGETHER 6 / 8 / 10
                                                                                          Big dormitories of 6 / 8 / 10 beds

                            BAR / RESTAURANT

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WHY INVEST IN JO&JOE | PERFORMANCE

                  TOGETHER 6 / 8 / 10   YOURS 2 / 3        TOGETHER 4          APARTMENTS
                  Big Dormitories       Private bedrooms   Small Dormitories   6 beds
                  6 to 10 beds          2 to 3 beds        4 beds

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WHY INVEST IN JO&JOE | PERFORMANCE

                                    DEVELOPMENT CRITERIA
                              AAA ultra city center
                               location, historic            WORLDWIDE
                                  conversion
HOTEL

           RECOMMENDED
        NUMBER OF ROOMS
                                350 to 600 beds             350 to 600 beds

             TGFA / ROOM        10 – 11 sqm/bed             10 – 11 sqm/bed
                           High volume Bar in lndoor & Outdoor Premises
        FOOD & BEVERAGE    Happy house featuring collaborative kitchen for guest
                           use

              WELL-BEING   No Well-being equipment
                                                                                                      PRIME   SECONDARY AIRPORTS
                                                                                                    LOCATIONS LOCATIONS SUBURBS
                           Flexible space among public spaces
               MEETINGS                                                            INTERNATIONAL
               & OTHERS
                           Shared room to be converted into ad hoc meeting
                           spaces                                                  CAPITALS
                                                                                   KEY CITIES &
                                                                                   RESORTS
                                                                                   MAJOR DOMESTIC
                                                                                   DESTINATIONS
                                                                                   OTHER CITIES &
                                                                                   ATTRACTIVE
                                                                                   TOURISTIC
                                                                                   DESTINATIONS
                             (1) Based on market demand

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THANK YOU !
           Contacts
        FRANCOIS LECLERC
     VP Brand and Operations JO&JOE
        francois.leclerc@accor.com

      NICOLAS STACHOWIAK
      Development Coordinator F&B&E
       nicolas.stachowiak@accor.com

            ANAÏSE CROMBÉ
  Head of Digital, Marketing and Communication
           anaise.crombe@accor.com
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