Accor est l'hospitalité. France's Accor is one of the world's leading hotel operators and the market leader in Europe. Present in more than 90 countries, it owns or manages more than 3,500 hotels worldwide. Its hotel brands range from luxury to budget and include Sofitel (upscale), Mercure (midscale), ibis (economy), and hotelF1 (budget). About two-thirds of its hotels are located in France and other European markets; a quarter are located in Asia/Pacific. The remainder are dispersed throughout Africa and the Middle East, Latin America and the Caribbean, and North America.