Orbis : will manage the Mercure and ibis Warszawa hotel combo at the Sacharowa Street in the Bielany District

Press Release

Warsaw, November 27, 2018.

Orbis will manage the Mercure and ibis Warszawa

hotel combo at the Sacharowa Street

in the Bielany District

Hotel opening scheduled for June 2020

Orbis Hotel Group, the strategic partner of AccorHotels, the world-leading travel & lifestyle group, signed a conditional Mercure and ibis Warszawa Bielany hotel combo management agreement with Dwell Well Development. The hotel combo is located at Sacharowa Street, in the vicinity of the 'Słodowiec' metro station.

"We're continuously expanding our leading position in Poland with our own investments or via cooperation with robust and experienced business partners such as Dwell Well Development which is part of Fundamental Group. The Bielany district - like the whole city of Warsaw, is undergoing a dynamic, positive change and the location of this project is very attractive for both type of travellers - both business and leisure. Today, more than 70 hotels in Poland operate under AccorHotels' brands, including 15 hotels in Warsaw - in all kind of segments, from economic, through midscale, to end with lifestyle and luxury. The capital of Poland is a city where every international brand wants to be visible and where all investors want to develop their projects. We're proud that Dwell Well Development has chosen Orbis and AccorHotels brands to manage this combo hotel." - says Gilles Clavie, President of the Management Board & CEO of the Orbis Group.

The newly built combo will offer 137 rooms under the Mercure brand and 185 rooms under the ibis brand. The Bielany district and the neighbouring Żoliborz district are both flooded in greenery and considered one of the most charming parts of Warsaw. Both districts are well connected and have a rich infrastructure. The direct vicinity of the 'Słodowiec' metro

station and public transport stops add to the advantages of this investment project. The hotel combo also offers a large-area fitness club and a co-working space, also managed by Orbis, as well as 238 vehicle parking spaces and 47 bicycle parking spaces.

"Dwell Well Development is part of Fundamental Group, a company with a well-established position on the construction market. We are basically known to be a reliable general contractor of interesting projects, but we do not deny that we nurture an ambition of becoming a developer of hotels, dormitories and apartments for rent. The partnership with Orbis Group and AccorHotels adds a new quality to this very competitive hotel & lifestyle market. Both Mercure and ibis are top brands in Europe and worldwide. That is where our choice comes from." - adds Łukasz Komornicki, President of the Management Board of Dwell Well Development Sp. z o.o.

Mercure is the only midscale hotel brand that combines the strength of an international network with a strong quality commitment and the warm experience of hotels that are rooted in their local community. In Mercure, each hotel is different and inspired by local culture. The Mercure network has more than 770 locations in 61 countries.

ibis is regarded by travellers to be one of their global favourite economy brands. The brand is the guarantee of modernity, comfort and professionalism at a value-for-money price. ibis is constantly changing, offering its guests more and more innovative solutions, greater comfort and higher accessibility. The brand introduced a revolutionary concept of "Sweet BedTM by ibis", a convivial space with a warm designer indoor arrangement, a wide range of "ibis kitchen" meals and drinks and a motivational employee remuneration system. Created in 1974, today the ibis brand is the European leader in the economy hotel segment, ranking fourth in its category worldwide. The ibis network currently has more than 1150 hotels in 67 countries.

Mercure and ibis Warszawa Bielany hotels will open for their first guests in mid-2020.

Contact

Orbis Press Office T. [phone] / [e-mail]

About Orbis Hotel Group:

The Orbis Hotel Group is the largest network of hotels in Eastern Europe. Orbis comprises almost 130 hotels and is the sole licensor of all AccorHotels brands in 16 countries including Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia and Slovenia. It offers a total of almost 21,000 rooms. The hotels operate under the brand names Sofitel, Pullman, MGallery by Sofitel, Novotel, Mercure, ibis, ibis Styles and ibis budget. These brands, recognized throughout the world, provide a quality of service to various standards, ranging from luxury 5-star to budget 1-star hotels.

Orbis' shares are listed on the Warsaw Stock Exchange.

Orbis' strategic partner isAccorHotels.