Business Immo, the real estate website

Hospitality

Hospitality 28/04/2021

Covivio Hotels is preparing a €250m capital increase

Covivio Hotels, a 43.5% owned subsidiary of Covivio, is to launch a capital increase of around €250m. There is no suspense, as all of (...)

Hospitality 27/04/2021

"AccorInvest's goal is to complete its transformation"

Business Immo:More than a year has passed since the beginning of the health crisis. What do you take away from this very difficult year (...)

Hospitality 27/04/2021

Extendam acquires three French hotels in the economy segment

Extendam has acquired the premises and goodwill of three French establishments positioned in the budget segment: the Ibis Paris Porte de Versailles Mairie d'Issy, (...)

Hospitality 23/04/2021

"The future of real estate should be better connected, but also smarter"

BiTV Interviews welcomes William Newton, President of Wiredscore. With him, we discuss Smartscore, the new international certification for smart buildings launched on Tuesday by Wiredscore. What (...)

Hospitality 21/04/2021

A new tandem to lead Covivio's hotel division

Tugdual Millet, Covivio's current financial director, is taking over as general manager of Covivio Hotels, alongside Elsa Tobelem, who has been appointed deputy general (...)

Hospitality 15/04/2021

Waiting for a rebound, the French hotel industry is still holding out - Extendam

While French hoteliers are still waiting for the rebound caused by an acceleration of the vaccination campaign, they continued to suffer the devastating effects (...)

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 (...)