United Kingdom Tourism Report Q4 2013 – New Study Released

AREVA : United Kingdom: NDA Extends Sellafield Site Management Contract for Another Five Years

The UK is also due to host two major international sporting events over the coming years – the 2014 Commonwealth Games in Glasgow and the 2015 Rugby World Cup (at various locations around the country). These events are likely to result in large numbers of participants and spectators travelling to the United Kingdom. An overview of the UK’s top 10 tourism markets highlights the fact that Europe remains the UK’s main source of tourism, despite the continuing economic uncertainty. However we are calculating a slight decline on our previous Q4 forecast as the continuing economic downturn in much of Europe over this period is likely to act as a deterrent for potential tourists. However the other regions are forecast to see a growth in arrivals over 2013 and we have increased our forecasts for inbound tourists from these regions. After a period of significant infrastructure development and hotel-building activity in the run-up to the 2012 Olympic Games, the scene may now be set for more modest overall growth in the UK’s hotel industry. Recent developments include: – Accor is launching a new brand in the UK, the Adiago aparthotels, the first of which opened in Liverpool in March 2013. – The group also re-launched their Mercure hotel in London in June 2013, following an extensive redesign of the hotel. It is the flagship UK hotel in a brand Accor is hoping to double the size of by 2016. – Over the past quarter ICHG has signed three new hotels to its Holiday Inn brand. UK construction company Balfour Beatty secured a contract worth GBP121mn (US$181.5mn) to build a hotel, leisure and apartment complex for Grove Developments in North Greenwich Peninsula in London. – China-based commercial property and entertainment conglomerate Dalian Wanda Group is to develop a hotel and residential project in London. – UK conglomerate Rigby Group has acquired a majority stake in Exeter International Airport. – The GBP80mn (US$123.5mn) redevelopment of the terminal at Stansted Airport has begun.

This joint venture combines the expertise of URS, AMEC, and AREVA. NMP, through Sellafield Ltd., manages and operates the site on behalf of the NDA since 2008. This scope includes reprocessing and waste storage facilities, the former nuclear power stations Calder Hall and Windscale (Cumbria), as well as the engineering design centre at Risley (Cheshire). AREVA brings its expertise in various areas including operations, engineering, and decommissioning. With a workforce of 10,000 people, Sellafield is the largest nuclear site in the United Kingdom and one of the world’s most complex nuclear sites. Over the past five years, NMP and Sellafield Ltd. have gained a better understanding of this challenging project, while achieving important objectives and efficiencies. Some of operational milestones include the retrieval of spent fuel from a legacy storage pond and the first returns of High Active Waste to their country of origin. The site also achieved its best ever industrial safety performance in 2012. MORE ABOUT AREVA AREVA supplies advanced technology solutions for power generation with less carbon. Its expertise and unwavering insistence on safety, security, transparency and ethics are setting the standard, and its responsible development is anchored in a process of continuous improvement. Ranked first in the global nuclear power industry, AREVA’s unique integrated offering to utilities covers every stage of the fuel cycle, nuclear reactor design and construction, and operating services. The group is actively developing its activities in renewable energies – wind, bioenergy, solar and energy storage – to become a European leader in this sector. With these two major offers, AREVA’s 47,000 employees are helping to supply ever safer, cleaner and more economical energy to the greatest number of people. Tour AREVA – 1 Place Jean Millier – 92400 COURBEVOIE – France – Tel: +33 (0)1 34 96 00 00 – Fax: +33 (0)1 34 96 00 01 AREVA