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Hospitality

Hospitality 10/01/2024

Is the wave of distressed sales approaching ?

Tick-tock, tick-tock... The clock is ticking and distressed asset sales are becoming inevitable, according to some property specialists who prefer to speak off the (...)

Hospitality 09/01/2024

A 57% fall in French commercial real estate investment by 2023

There was no miracle to be expected from the ImmoStat results published on Friday. And there was none. In France, the overall amount of (...)

Hospitality 04/01/2024

More than €200m spent on a Parisian palace

In 2023, the hotel market has withstood the crisis. The proof is in the XXL deal signed for an Italian investor in December, in (...)

Hospitality 03/01/2024

Finally the year of the new cycle?

"Central banks have a mandate to ensure price stability in the medium term, so they had no choice but to raise their interest rates", (...)

Hospitality 20/12/2023

Growth of French RevPAR (still) driven by average price hikes

Month after month, the French hotel industry continues to hold up well, according to the monthly barometer produced by Extendam, with the support of (...)

Hospitality 19/12/2023

Louvre Hotels Group to invest €400m to renovate its portfolio

Louvre Hotels Group, Europe's second-largest hotel group with brands such as Première Classe, Kyriad and Campanile, plans to renovate 80% of its portfolio over (...)

Hospitality 19/12/2023

A new address for Numa Group in the Paris Golden Triangle

After announcing its presence in France last September, Numa Group is continuing its expansion in the French capital. Before the 2024 Olympic Games, the (...)

Hospitality 14/12/2023

Radisson Blu hotel to open in 2026 in the Triangle Tower

Unibail-Rodamco-Westfield (URW) and Axa IM Alts have signed an agreement with the Radisson Hotel Group for the Triangle Tower project in Paris's 15th arrondissement. (...)

Hospitality 14/12/2023

European real estate generates -9.5% YoY total return in Q3

According to MSCI’s European Quarterly Property Index, commercial real estate investments generated a negative -0.9% return in Q3 2023, compared with the previous three (...)

Hospitality 12/12/2023

"There are similarities between the current crisis and that of the 1990s... but also many differences"

Business Immo : Is the current crisis comparable with that of the 1990s ? Boris Capelle : There are similarities, but also many differences. (...)

Hospitality 12/12/2023

Corum makes its return to France by acquiring a hotel portfolio

At the end of a busy year in which the management company completed almost €1bn of investments, Corum Asset Management has made its first (...)

Hospitality 12/12/2023

Could metaverse be the next real estate frontier?

Although venture capital and private equity investors are pouring colossal sums of money into the sector - $13bn by 2021 according to McKinsey - (...)

Hospitality 08/12/2023

"The beginning of the end of the crisis"

Business Immo : What impact has the crisis had on the Réalités group ? Yoann Choin-Joubert : A tsunami hit the entire sector, with (...)

Hospitality 08/12/2023

"In 2023, the lack of transactions and limited value correction has done a disservice to France"

In the fifth English instalment of a special BiTV Interview series celebrating issue 200 of Business Immo Global magazine, we welcome Beverley Kilbride, Chief Operating (...)

Hospitality 07/12/2023

Extendam and DG Invest join forces in Madrid

Extendam and DG Invest have joined forces to build the future Ibis Budget Albasanz in Spain's capital. Already involved in other joint projects, notably (...)

Hospitality 07/12/2023

€15bn worth of deals withdrawn from the French property market in 2023

"Due to a lack of agreement between sellers and buyers, the number of deals withdrawn from the market has been countless, in fact since (...)

Hospitality 06/12/2023

A €1bn deal on the Champs-Élysées

It has become a key theme for the French commercial real estate market in 2023: luxury groups are snapping up prime Parisian real estate. (...)

Hospitality 05/12/2023

With the backing of Three Hills, Castellet Hospitality signs three more hotels in France

Marseille-based Castellet Hospitality, a hotel group set up in 2017 and headed by Gilles Larrivé, has reached a new agreement with its investor Three (...)

Hospitality 01/12/2023

"We are still in a 'too early to buy, too late to sell' phase"

In the fourth English instalment of a special BiTV Interview series celebrating issue 200 of Business Immo Global magazine, we welcome Aldo Mazzocco, CEO (...)

Hospitality 30/11/2023

Nhood to manage a 34-hectare project in Lisbon

Chosen by Fidelidade, Nhood, real estate operator of the Mulliez Family Association (AFM), will participate in the management of one of Lisbon's most important (...)