ibis is an international hotel company, owned by a holding company of hotels AccorHotels approximately three times the size, that is listed on the Paris Stock Exchange and was founded in 1967. The ibis opened its founding hotel in 1974 and in January 2014 the company opened the 1,000th example in Surabaya, Indonesia a country with a continuing pattern of best growth within a continent where the country is the largest foreign hotel group in numbers of hotels. Around 400 ibis Hotels are throughout France and most of the remainder are elsewhere in Europe. The hotels are generally close to city centres, airports or railway stations and offer low rates compared to many global hotel groups of comparable size.
Standard facilities are a feature of Accor's economy hotels, excepting budget sub-brands of Formule 1 and ibis Budget, offering a 24-hour reception. Rooms provide a bathroom/shower room, a desk, a double or two single beds, wardrobe space, and international and local channels on the television. The hotel sometimes includes a restaurant or bar offering food early in the morning to noon (04:00-12:00), and in some hotels a 24-hour snack menu is offered. Generally, the ibis hotels are seen as having an economy emphasis so Accor is endeavouring to change this by advertising all the hotel's achievements, distinctive features and highlighting Accor's satisfaction guarantee.