A much-viewed blog covered this a few days ago (
here), so don't be surprised if the requirements change (although it's possibly something that can't be altered without a shareholder vote).
Sent my application in yesterday, let's see if it still works
(52 stocks, so just about over the minimum)
Edit: after 2 working days nothing yet. Anyone who applied recently, how long was the wait? Will be staying at an accor property next week, hoping they change my status in time