Business Immo, the real estate website

Hospitality

Hospitality 06/04/2021

French hospitality market continues to attract investor interest - CBRE

More than a year after the start of the Covid-19 crisis, while hotel performance has declined in all European countries, France is holding up (...)

Hospitality 01/04/2021

Focusing on recovery, French state's CDC sees results cut by three in 2020

  French state financial institution Caisse des Dépôts' aggregate result was strongly impacted by the Covid-19 pandemic in 2020, amounting to €777m compared to €2.5bn (...)

Hospitality 30/03/2021

French CRE investment continued to perform well in 2020 despite the crisis - MSCI

The MSCI France Annual Property Index posted an overall performance of 3.2% at the end of December 2020, down sharply from the 8.4% recorded (...)

Hospitality 30/03/2021

Hôtel Par Collection takes over the five-star La Bastide hotel in Saint-Tropez

La Bastide de Saint-Tropez, a five-star hotel under the Relais & Châteaux banner, has been bought — 35 years after its creation by Boris-Serge (...)

Hospitality 18/03/2021

B&B Hotels raises €180m to pursue its international development

In order to secure its financial situation and pursue its international development ambitions, France's B&B Hotels group has just raised €180m in funds, including (...)

Hospitality 16/03/2021

Still suffering from the pandemic, French hotel activity remained stable in February - Extendam

French hoteliers continued to suffer from the Covid-19 pandemic in February with a very deteriorated activity level, according to the latest monthly barometer carried (...)

Hospitality 15/03/2021

"Why France remains a priority market for hotel operators"

Business Immo: In the face of a health and economic crisis, how do you explain that the thirty or so hotel operators surveyed by (...)

Hospitality 10/03/2021

Extendam continues to invest in the hotel business off-market

Extendam has announced the off-market acquisition of a hotel combo combining the Ibis and the Novotel Marne-la-Vallée Noisy-le-Grand. Acquired under "favourable conditions", these hotels, (...)

Hospitality 03/03/2021

Zaka Investments and Evok buy the building to house their Brach Roma hotel

French real estate investor Zaka Investments and its hotel operator subsidiary Evok have announced the acquisition of the building that will house the future Brach (...)

Hospitality 19/02/2021

Accor to sell a 1.5% stake in Huazhu for €239m

Paris-based global hospitality giant Accor has announced that it has completed the disposal of a 1.5% stake in Huazhu Group Limited (HTHT) for €239m. After (...)

Hospitality 18/02/2021

Diversification, Covivio's key asset to get through the crisis

Covivio's top management can keep its spirits up: despite a gruelling health and economic context, the real estate company has signed an assessment that (...)

Hospitality 17/02/2021

In turmoil, Pierre et Vacances freezes the payment of its rents

Badly hit by the health and economic crisis and a series of restrictive measures, the Pierre et Vacances-Center Parcs Group has just suspended the (...)

Hospitality 16/02/2021

The curfew benefits the French hotel industry - Extendam

Slowed down by insistent rumours of a third containment, the hotel sector experienced a rollercoaster January, according to the most recent monthly barometer conducted (...)

Hospitality 16/02/2021

France's Zaka and Evok join forces with Inter Invest Capital and Eternam to develop the Brach brand in Spain

Zaka Investments, the French real estate company behind hotel group Evok, has just welcomed Inter Invest Capital and Eternam in the capital of its local (...)

Hospitality 10/02/2021

Pygmalion Capital announces first close for Pygmalion European Opportunistic Hotel Fund II

Pygmalion Capital Advisers today announced the first close for Pygmalion European Opportunistic Hotel Fund II (PEOH II), backed by a European Private Bank and (...)

Hospitality 27/01/2021

The French hotel market maintains a good dynamic - Christie & Co

According to Christie & Co's latest annual Business Outlook barometer, French hoteliers are, unsurprisingly, more than 95% to declare having been impacted by the (...)

Hospitality 18/01/2021

Following 2020 trends, France's hospitality sector had a difficult month in December - Extendam

The French hotel sector will have ended the year 2020 as it has gone through it. According to the most recent monthly barometer carried (...)

Hospitality 05/01/2021

Oaktree, Paris Inn Group and Maison Albar Hotels to create a hotel investment structure

Oaktree Capital Management, Paris Inn Group and Maison Albar Hotels have developed a partnership to create Centaurus, a hotel investment structure. Its objective will (...)

Hospitality 22/12/2020

"This crisis is very inspiring for many players in the hotel industry"

Business Immo: The health crisis has strongly shaken the hotel sector, forcing many operators to close their establishments over long periods. In your opinion, (...)

Hospitality 17/12/2020

After an exceptional 2019, CRE financing likely to slow down (IEIF/PwC)

According to the second edition of the study on the French real estate financing market, jointly conducted by French property association IEIF and auditing (...)