WHY INVEST IN DELANO

ACCOR GLOBAL DEVELOPMENT AUGUST 2019 MISSION STATEMENT

A global tribe of individuals, partners and progressives, devoted to creating extraordinary experiences for our community throughout our proprietary brands—we are sbe.

Visionaries at the forefront of hospitality, cuisine, design, residences and entertainment, our lifestyle moments are forged with highly-curated and passionate service. We are committed to authenticity, sophistication, mastery and innovation.

Our stage is the world. Our time is now.

2 | WHY INVEST IN DELANO | SBE LIFESTYLE PLATFORM | AUGUST 2019 FULL CIRCLE LIFESTYLE EXPERIENCE

GLOBAL BRANDS GLOBAL

RESTAURANTS HOTELS

MIXOLOGY & LOUNGES RESIDENCES

NIGHTLIFE RESIDENCES & SPAS

NIGHTLIFE & DAY CLUBS SPAS

3 | WHY INVEST IN DELANO | SBE LIFESTYLE PLATFORM | AUGUST 2019 CURRENT PORTFOLIO *By the end of 2018 170 28* 96 50 LOCATIONS HOTELS & RESIDENCES RESTAURANTS LOUNGES 120+ 35+ 70+ 15 DEVELOPMENT PIPELINE

CHICAGO TORONTO

ATLANTA

SAN FRANCISCO , FRANCE , U.K. DETROIT WASHINGTON, D.C. LOS ANGELES ISTANBUL, TURKEY BODRUM, TURKEY INDIAN WELLS LAS VEGAS HOLLYWOOD, FL KUWAIT CITY, KUWAIT , JAPAN HALLANDALE, FL DUBAI, U.A.E. MIAMI DOHA, QATAR NASSAU, BAHAMAS MANAMA, BAHRAIN BANGKOK CANCÚN, MEXICO MONTERREY, MEXICO MEXICO CITY, MEXICO CABO SAN LUCAS, MEXICO

ZIHUATANEJO, MEXICO

PLAYA DEL CARMEN, MEXICO

CARTAGENA, COLUMBIA ARENA DE JOSE IGNACIO, ARGENTINA

PILAR, ARGENTINA MELBOURNE, AUSTRALIA PUERTO MADERO, ARGENTINA

CURRENT PIPELINE Dakota Development is a division of sbe. With With professional entertainment and renown chefs, industry-leading expertise and cutting edge design Disruptive Innovation Lab has designed amazing partners, Dakota Development has successfully culinary and nightlife concepts. master planned and developed a range of internationally acclaimed properties. DESIGN CULINARY COLLABORATORS COLLABORATORS

PHILIPPE LENNY KRAVITZ AVENUE PIERO MARTIN JOSÉ KATSUYA MICHAEL DANNY STARCK INTERIORS LISSONI DESIGN ANDRÉS UECHI SCHWARTZ ELMALEH SLS Atlanta SLS Las Vegas HEIERLING SLS Baha Mar SLS Cancún The Bazaar Katsuya Fi’lia Cleo SLS Beverly Hills SLS SLS South Beach Chief Culinary SLS Beverly Hills Renovation SLS Puerto Madero SLS SLS/Mondrian SLS/Mondrian/ SLS/Mondrian Brickell Officer, sbe SLS Washington, D.C. Delano Hyde/Delano Hyde/Delano Michelin-Starred SLS Las Vegas James Beard James Beard SLS South Beach Award Winner Mondrian L.A. Award Winner Delano

JOSE DARIO DANIEL MAKOTO TOM YABU DAVID ROCKWELL MARCEL ICARDI CECCHINI BOULUD OKUMA DIXON PUSHELBERG WANDERS Leynia, Diez y Seis Carna French Concept Pan-Asian Concept THE ROCKWELL SLS/Mondrian SLS SLS SLS Mondrian London SLS LUX Brickell Mondrian South Beach GROUP Mondrian Doha Hyde/Delano James Beard James Beard Hyde Award Winner Award Winner LEVERAGE THE Providing our development partners an opportunity Platform to program a one of a kind destination experience.

TEAM SINGLE INNOVATION 40 BRANDS Best-In-Class team SOURCE of Senior Executives, MARKET Proven brand & concept Chefs, Designers, Established & diversified incubator of culinary and Unique 360 approach to Promoters. NETWORK portfolio of iconic luxury Expansive footprint across entertainment concepts. hospitality with turnkey lifestyle hotel, residence, the world’s leading Access to shared solutions for branding, culinary & entertainment gateway markets. services, including a development* and brands. centralized platform management of a providing sales, property. marketing, social media, influencers, partner and vendor databases, events partnerships and sponsorship support.

*Engaging Dakota for Development Management is encouraged but not required. 6 | WHY INVEST IN DELANO | SBE LIFESTYLE PLATFORM | AUGUST 2019 THE MISSION Delano is the original: a classic trailblazer in a world of imitators. We redefine the luxury resort experience with first- in-class service and customized guest experiences that awaken your curiosity, nourish your senses and soul, and shape a personal journey for couples, loved ones, solo travelers, and families that lives well beyond each stay.

Our vision is to create exclusive enclaves across the world that nourish the mind and body, senses and soul. From the personal touches and unique comforts you enjoy in your room, to the foods we prepare with inordinate care, to the highest level of personalized attention and detail, we strive to transcend the ordinary so you can transcend who you are. Delano offers modern travelers that most rare and coveted of experiences—unadulterated luxury that nourishes their hedonistic desires, body and soul.

FRESH. CRISP. CLEAN & MODERN. EFFORTLESSLY CHIC. THOUGHTFULLY REFINED. TIMELESSLY DESIGNED. HYPER-CURATED & CUSTOMIZED. WARMLY WELCOMING. DIVINELY PRIVATE. A NOURISHING RESORT.

7 | WHY INVEST IN DELANO | POSITIONING| AUGUST 20109 BRAND MOMENTUM TOP 3 USPS

1 2 3

Trailblazer in lifestyle & luxury hospitality Spectacular landmarks Worldwide awareness

Delano South Beach, USA Delano Las Vegas, USA Delano South Beach, USA

8 | WHY INVEST IN DELANO | BRAND UPs | AUGUST 2019 NOURISHING URBAN RESORT TOP 3 USPS

Redifining resort experience with:

1 2 3

First-in-class service Customized guest experiences Nourishing senses, body and soul

Delano Las Vegas, USA

Delano South Beach, USA

Delano South Beach, USA Delano South Beach, USA Delano South Beach, USA

9 | WHY INVEST IN DELANO | BRAND UPs | AUGUST 2019 THE SBE PLATFORM TOP 3 USPS

1 2 3

Unique lifestyle living expertise to program a one Unique expertise in design, restaurant & nightlife Unique full circle approach to hospitality with of a kind destination experience concepts with reknown interior designers & chefs turnkey solutions for branding, development, management of a property

Delano Las Vegas, USA

10 | WHY INVEST IN DELANO | BRAND UPs | AUGUST 2019 CURRENT PORTFOLIO By the end of 2018 NETWORK & PIPELINE 1,308 rooms 1,308 rooms 2 hotels 2 hotels AMERICAS AFRICA-MIDDLE EAST TOTAL 491 rooms 265 rooms 756 rooms 3 hotels 1 hotel 4 hotels DEVELOPMENT PIPELINE

DELANO LAS VEGAS

DELANO SOUTH BEACH DELANO INDIAN WELLS DELANO DUBAI

DELANO CARTAGENA, COLUMBIA

DELANO ARENA DE JOSE IGNACIO CURRENT PIPELINE

11 | WHY INVEST IN DELANO | NETWORK & PIPELINE | AUGUST 2019 FLAGSHIPS

39,000 Square Feet 8 Bungalows

Penthouse 194 Key Count 1 & Apartment

Food & Beverage Philippe Starck Leynia Designer Delano Beach Club Rob & Rose Schwartz Florida Room Developer or Architect Rose Bar

Amenities

Beach Concession / Ocean Front Property / Fitness Room / agua Spa Swimming Pool Orchard & Landscape Garden Area

Awards

2017 Condé Nast Traveler Readers’ Choice, Top Hotels in Miami – #9 (93.57/100) 2017 USA Today Readers’ Choice, Winner, Best Hotel Pool

Property News & Headlines: “Miami’s Most Instagrammable Hotels”

“The Ingredients for a Perfect Miami Beach Weekend”

Rose Bar at Delano, “15 Best Bars in Miami”

12 | WHY INVEST IN DELANO| NETWORK & PIPELINE | AUGUST 2019 FLAGSHIPS

Square Feet - All 1,114 Key Count Suites

Food & Beverage – Skyfall Lounge Designer Rivea – Feel the Vibe Developer or Architect Della’s Kitchen

Amenities Franklin Moorea Beach Club / Delano Art Series 3940 Coffee & Tea Bathhouse Spa & Fitness Delano Beach Club

Awards

2018 AAA 4-Diamond Rating 2018 TripAdvisor Certificate of Excellence

Property News & Headlines:

“50 Top Romantic Weekend Getaways” “Best Las Vegas Hotels” “Skyfall Lounge Is Remaking How You Party in Vegas”

13 | WHY INVEST IN DELANO| NETWORK & PIPELINE | AUGUST 2019 Upcoming openings

OPENING 2020

KEYS 265

RESIDENCES

PARTNER/DEVELOPER 95 IFA Hotel Investments

ARCHITECT/DESIGN CONTRACT Pallavi Dean Design Managed

Property News & Headlines:

“An incredible mixology program”

14 | WHY INVEST IN DELANO| NETWORK & PIPELINE | AUGUST 2019 Upcoming openings

OPENING 2022

KEYS 139

RESIDENCES

PARTNER/DEVELOPER 54 TMC Group

ARCHITECT/DESIGN CONTRACT WATG Managed

Property News & Headlines:

15 | WHY INVEST IN DELANO| NETWORK & PIPELINE | AUGUST 2019 Upcoming openings

OPENING 2022

KEYS 186

RESIDENCES

PARTNER/DEVELOPER 25 Urban Development Group Colombia S.A

ARCHITECT/DESIGN CONTRACT – Managed

Property News & Headlines:

16 | WHY INVEST IN DELANO| NETWORK & PIPELINE | AUGUST 2019 Upcoming openings

OPENING TBD

KEYS 45

RESIDENCES

PARTNER/DEVELOPER 140 Roulinco Realty + Development ARCHITECT/DESIGN CONTRACT – Managed

Property News & Headlines:

17 | WHY INVEST IN DELANO| NETWORK & PIPELINE | AUGUST 2019 PROGRAMMING

DEVELOPMENT CRITERIA Development & programming

AAA ultra city center location, historic WORLDWIDE conversion

RECOMMENDED 100 – 200 keys 100 – 200 keys NUMBER OF ROOMS

ROOM AVERAGE SIZE -10/-15% of worldwide 45 sqm HOTEL

TGFA / ROOM 80 – 100 sqm 100 – 120 sqm

RECOMMENDED PRIME SECONDARY AIRPORTS 100 – 200 keys 100 – 200 keys NUMBER OF ROOMS LOCATIONS LOCATIONS SUBURBS

ROOM AVERAGE SIZE 36 – 40 sqm 45 – 60 sqm CAPITALS

KEY CITIES & RESORT RESORT TGFA / ROOM 100 – 120 sqm 120 – 150 sqm DESTINATIONS

MAJOR 1 sbe lifestyle touch F&B outlet at least DOMESTIC FOOD & BEVERAGE 1+ bar/lounge DESTINATIONS 1+ destination 3 meal restaurant OTHER CITIES & ATTRACTIVE Ciel Spa (on market demand) TOURISTIC WELL-BEING Pool (on market demand) DESTINATIONS Fitness Center (on market demand)

Meeting rooms (on market demand) MEETINGS Ballroom (on market demand)

18 | WHY INVEST IN DELANO | DEVELOPMENT CRITERIA | AUGUST 2019 KEY program

ICONIC ELEMENTS: STIMULATE THE IMAGINATION

Our design provokes conversation and encourages play.

Our platforms, programming, and spaces provide an environment for exploration, entertainment, and creative energy.

19 | WHY INVEST IN DELANO| KEY PROGRAMS | AUGUST 2019 KEY program

ICONIC ELEMENTS: BRINGING PEOPLE TOGETHER

Whether it’s communal spaces for gathering or chairs in the pool encouraging you to strike up a conversation, we create spaces for connecting and belonging, so everyone feels welcome.

20 | WHY INVEST IN DELANO| KEY PROGRAMS | AUGUST 2019 KEY program

ICONIC ELEMENTS: THE SUBLIME

We never underestimate the power of the sublime.

Indulgent touches speak to our refinement, personal attentiveness, and uncompromising gift for lavish care.

21 | WHY INVEST IN DELANO| KEY PROGRAMS | AUGUST 2019 KEY program

To pamper your every need and create an exceptional and soothing relaxation experience that exceeds your expectations

Designed with an unerring eye for luxury, comfort and state-of-the-art technology; Ciel Spa is a place of escape where recharging the inner spirit and enhancing physical well-being come from true and spirited innovation. All SLS guestrooms feature Ciel Reserve bath amenities.

REFINED RELAXATION

A PLACE TO REVITALIZE

CELESTIAL ESCAPE

22 | WHY INVEST IN DELANO| KEY PROGRAMS | AUGUST 2019 KEY program

DELANO RESTAURANT BRANDS

23 | WHY INVEST IN DELANO| KEY PROGRAMS | AUGUST 2019 KEY program

DELANO NIGHTLIFE BRANDS

NIGHTLIFE & DAY CLUBS

MIXOLOGY & LOUNGES

23 | WHY INVEST IN DELANO| KEY PROGRAMS | AUGUST 2019 COMMUNICATION VISUAL IDENTITY AD SAMPLE digital

VISUAL IDENTITY Ad sample print

VISUAL IDENTITY AD SAMPLE social

40k followers

25 | WHY INVEST IN DELANO | COMMUNICATION | AUGUST 2019 COMMUNICATION DELANO PRESS & ACCOLADES

THE PHILIPPE DELANO LAS VEGAS - HOT LIST 2015 S TA R C K POWERHOUSE -Conde Nast Traveler C O N T I N U E S T O D E F I N E T H E E V E N B Y PARADIGM OF L O F T Y L A S SOUTH BEACH VEGAS D É C O R A N D STANDARDS, GLAMOUR I N A N E V E R - C H A N G I N G -Fodor’s Travel C I T Y O N T H E M O V E W H E R E N E W DELANO SOUTH BEACH H O T E L S BEST HOTEL POOL 2017 O P E N A L L T H E T I M E , -USA Today D E L A N O I S S O M E T H I N G SPECIAL.

-Forbes

26 | WHY INVEST IN DELANO | COMMUNICATION | AUGUST 2019 PERFORMANCE – PARTNERSHIP WITH

ACCOR DISTRIBUTION SOLUTION 110 distribution channels at best market conditions

Source : CRS Official figures as of end 2018 27 | WHY INVEST IN DELANO | PERFORMANCE | AUGUST 2019 PERFORMANCE – PARTNERSHIP WITH ACCOR

ACCOR DISTRIBUTION PERFORMANCE POWERED BY ACCOR FOR LUXURY & PREMIUM BRANDS

CALL CENTRES, INTRA HOTEL & CLUSTER SERVICES

DIRECT SALES ACCOR WEB 33% WEBSITE, MOBILE SITES FOCUS ON WEB & APP BRAND.COM + 15% ACCORHOTELS.COM + MOBILE WEBSITES + PARTNER WEBSITES 59% 18% WEB ACCOR & PARTNERS ACCOR CENTRAL 41% 36% ONLINE SALES FOR LUXURY & RESERVATION HOTEL PREMIUM BRANDS SYSTEM PMS

€1.786 ONLINE ROOM REVENUE LUXURY & PREMIUM BRANDS 18% MILLION 8%

WEB PARTNERS (OTAS) 26% INDIRECT SALES

Official figures as of end 2018 28 | WHY INVEST IN DELANO | PERFORMANCE | AUGUST 2019 PERFORMANCE – PARTNERSHIP WITH ACCOR

ACCOR OWNS THE MOST INTERNATIONAL AND FAST GORWING LOYALTY PROGRAM

GUEST ORIGIN LOYALTY MEMBERS WORLDWIDE* Northern Europe Americas Le Club AccorHotels 12% 18% 184M A WORLDWIDE France FRS loyalty program 13% PROGRAMME 20 brands Huazhu loyalty program Central & 3,500 hotels in 100 countries Eastern Europe Free enrollment 6% 126 Asia-Pacific 100% web based program 120 31% 106M Mediterranean Partnerships with major airline , Middle East loyalty program: Skyteam, 100 & Africa One World, Star Alliance… 20% 70

4,7 >58 MILLION LE CLUB ACCORHOTELS 4 REPRESENTS 53 58 MEMBERS WORLDWIDE* 32 40 34.6% 18 25 +28,000 10 14 MEMBERS EVERY DAY* OF ALL ROOMNIGHTS 2012 2013 2014 2015 2016 2017 2018 S1 2019

*Source : LCAH by end of June 2019 Source : LCAH by end of 2018

29 | WHY INVEST IN DELANO | PERFORMANCE | AUGUST 2019