Mike Spetter Appointed External Advisor to President of Louvre Hotels Group

To Focus on Merging the Cultures of Louvre Hotels and Golden Tulip

. May 02, 2011

Paris, France - April 29, 2011 - Louvre Hotel Group announced today the appointment of Mike Spetter as External Advisor to the President. He will assume his position on May 4, 2011 and will work directly alongside Pierre-Frederic Roulot.

Mike Spetter's primary aim will be to continue to bring the respective cultures of Louvre Hotels and Golden Tulip closer together, by pooling the expertise of teams and strengthening the Group's brand portfolio - which includes seven well known and well recognized brands ranging from 1 to 5 stars.

Mike Spetter has worked in the hotel industry for over 25 years. During his career, he spent six years in the U.S. at Radisson as Director of Operations and then held various positions for the Carlton Group. He joined Golden Tulip in 1994 as International Regional Director in the Netherlands - Benelux Region, before being appointed General Manager in Malta in 2002. He later became a Consultant with ING and Rabo Bank, to monitor their activities in the hotel industry. He is currently President of Hotel & Leisure Groep, a position he will hold until December 2011.Mike Spetter has followed several Advanced Management Programs at Cornell University.

Commenting on this appointment, Pierre-Frederic Roulot, President of Louvre Hotels Group, declared: “We welcome the arrival of Mike Spetter within our Group. As an expert in the hotel industry, his experience and managerial skills will be a tremendous asset as we actively continue the development of our seven brands internationally.”

About Louvre Hotels Group, the 8th largest hotel group worldwide Louvre Hotels is a Groupe du Louvre subsidiary and is managed by Pierre-Frederic Roulot. It was established in 1976 and since 2005 has been by Starwood Capital Group.

In July 2009 Louvre Hotels joined forces with the Golden Tulip Hospitality Group, when Starwood Capital Group took over the latter. This move propelled Louvre Hotels Group (Louvre Hotels & Golden Tulip) to the position of 8th largest hotel group worldwide.

Louvre Hotels Group operates seven clearly differentiated hotel brands, ranging from 1 to 5 stars: Première Classe, Campanile, Kyriad, Kyriad Prestige, Tulip Inn, Golden Tulip and Royal Tulip.

Thanks to its expansion plans in growth markets, as well as markets in which the group already has a strong presence (France, Europe, North Africa, Brazil and India), Louvre Hotels Group is a key player in the international hotel industry. It now counts more than 1,000 hotels, representing a total capacity of over 80,000 rooms in 40 countries, managed under three different business models: affiliate, management contract and franchise.

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