I also want to share this good news with Paul Dubrule, co-founder of the Group and a thought for Gérard Pélisson, his dear business partner. After a record year in 2023, the Group has had a solid start to 2024, driven by higher occupancy and demand, and we look forward to the coming years with optimism." Key facts and figures FY23 financials • Revenue of €5.06 billion • EBITDA of €1.00 billion • Recurring free cash flow of €596 million Our network • No.1 worldwide excluding the United States and China • No.1 worldwide in Lifestyle, and No.2 worldwide in Luxury • A network of 5,500 hotels+ (821,000 rooms+) • A pipeline of 1,300 hotels+ (225,000 rooms+) • An ecosystem of 10,000+ restaurants & bars, 18,500+ meeting rooms and 1000+ spas Our people • 330,000+ employees across 300+ jobs • 46% of employees under 35 • 42% of employees are women Our ESG commitments • Carbon: Net-zero SBTi by 2050.