Issenberg takes reins for Accor Asia, maps strategy(1)

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28 February 2003

Michael Issenberg has just had his territory and portfolio expanded by a quantum leap. Previously managing director of Australia, New Zealand, South Pacific and Japan for Accor Hotels & Resorts, he has now been put in charge for the full Asia/Pacific region. The move is part of Accor's move to synergise its Asia/Pacific operations. Financial controller Kim Mooney has also seen his job enlarged as a result of the move.

The integration of the two regions follows Asia/Pacific deputy chairman Jochen Dobel's move to Germany to run Dorint Hotels, in which Accor has a 30 percent stake. Yeoh Siew Hoon asks Issenberg some key questions on the day his promotion was announced to the media.

Q: So how are you going to do it, manage such a big region?
Issenberg: That's what I am trying to figure out but with good people, it should not be an issue.

Q: You've gone from looking after 110 hotels to 190 hotels, that's almost doubling your portfolio. It is a big task.
Issenberg: Yes, but we have a good team in place. I will be doubling the number of people in my team. I will restructure the team in Australia to spend more time in Asia. I will spend time between Bangkok and Sydney.

Q: What happens to Brian Deeson's position? (Deeson, who was chief executive officer of Century International Hotels and sold the company to Accor, was put in charge of sales and marketing for Accor Asia)
Issenberg: We haven't made any changes yet. Brian is a valuable member of the team, and will remain so.

Q: Will you be integrating the marketing for the two regions as well so that Ray Stone (now general manager-sales and marketing for Australia and South Pacific) will also take over Asia?
Issenberg: Possibly, but there will continue to be executives based in Asia. We have to make sure we get the best synergies so that business within Australia, 70 percent of which is domestic, and business within Asia, 70 percent of which is intra-Asian, is reinforced.

Q: What was the primary motivation behind the integration?
Issenberg: There was already some degree of integration with David Baffsky, our chairman, looking after the two regions. We want to make sure that at every level, we get efficiencies in technology, procurement, sales and marketing.

Q: Your two priorities are China as well as Japan, which you looked after? How is Accor going to make a difference in the competitive China market?
Issenberg: We are going to be launching our Ibis product in China, which is a different tack from the international competition. I believe that as you understand the domestic market better, you can then capture a bigger share of the upscale market.

Japan is a little different - we will focus on the middle market down. We have launched two Formula Ones and will launch our Mercure brand in June.

There are real opportunities in Japan where, despite it being the second biggest economy in the region, there is no company with more than 50 hotels in Japan or any international hotel company with a significant presence.

Q: So two different strategies for Japan and China?
Issenberg: Yes, in China, we will go for the whole range from three star upscale. We will not launch Formula One in China.

Q: Would it be fair to say that one reason for the integration too is that Australia and New Zealand are fairly matured markets for Accor and there is not much more room for growth?
Issenberg: It would be correct to say that - it would be difficult to sustain the same level of growth that we have seen in past years. We grew from one hotel to 110 in just over 10 years.

Q: Is Accor driven by size?
Issenberg: It is not about size. It is more important that we have successful hotels which then attract additional hotels to the network. It is about operating well that enables us to have successful hotels.

Q: Define successful hotels.
Issenberg: Leading in market share, profitable and happy employees.

Q: Of the new area that you will be taking over, which do you think will be the more challenging markets?
Issenberg: Ask me in two months.

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