Commercial and civil hotel leases in the French hotel industry: comparison and issues
Commercial leases are not the only way of leasing a hotel property.
News
Amadeus and Pattern Expand Partnership to Bring Seamless Insurance Options to UK Travel Agents
As travel continues on its road to recovery, some uncertainty remains, and therefore it’s important travelers protect their upcoming trips against any unplanned disruptions. To provide more peace of mind to travel agents and their customers in the UK, global travel technology leader Amadeus, and global InsurTech MGA Pattern Insurance, have partnered once again to provide seamless insurance options.
AJ Capital Partners Acquires The Dornoch Hotel in Dornoch, Scotland
Adventurous Journeys (AJ) Capital Partners announced today the acquisition of The Dornoch Hotel in Dornoch, Scotland. The property will join Marine & Lawn Hotels & Resorts, a collection of bespoke hotels located in the world’s most premier golf destinations. AJ Capital will reposition the property as Dornoch Station hotel, honoring the hotel’s original name dating back to 1902, the Station Hotel. The hotel is now closed and for the next several months it will undergo comprehensive renovations of all guest rooms, public spaces, exterior and grounds including the installation of a putting green, fire pits and additional outdoor amenities.
RBH selected to operate three high-end hotels in UK
RBH Hospitality Management has been selected by leading European investment company, Covivio Hotels to manage three high-end UK hotels, following a competitive operator selection process. Marking its first continental European partnership, RBH will be taking on the management of The Principal York, Wotton House in Surrey and The Met Hotel Leeds from the 1st of October 2022. This adds a further 402 bedrooms and supports RBH's aim towards becoming the leading third-party management company in the luxury hotel market.
EQ Group and Eternam have acquired the Courtyard by Marriott Paris Arcueil Hotel
With more than 5,000 keys across Europe, EQ Group strengthens its position in Paris where the group already has six hotels. Namid Mangalji, Senior Managing Director and Co-Founder of EQ Group says, “This acquisition reinforces our conviction in the strong underlying fundamentals of the Paris hospitality market which has experienced tremendous growth in 2022. We are excited to partner with Eternam to unlock value through a strategic renovation of the asset." The asset will represent the 5th Marriott branded hotel for EQ, who have a strong working relationship with Marriott International.
Key Hotel Lease Legal Issues in France Today
French hotel leases and contract law governing hotels constitute essential legal and economic stakes for a hotel business in France. The country is, in fact, home to over 17,000 hotels, many of which are operated under commercial leases. For owners and tenants, the legal and economic challenges associated with hotel leases are crucial, especially when the hotel under operation is their main asset.
By Christopher Boinet and Anne Epinat
UK Hoteliers Say a Coherent Plan Is Needed as UK Prime Minister Boris Johnson Resigns
United Kingdom Prime Minister Boris Johnson has announced he will resign after several scandals and numerous ministerial resignations left him without the authority needed to deliver his government’s policies.
Cycas Appointed To Manage Luxury London Hotel
Cycas Hospitality has signed a hotel management agreement to take over the management of the design-led Bankside Hotel - part of Marriott International’s Autograph Collection – this month.
Coliving, the on-trend alternative to hospitality in France: Miracle or mirage?
A recent arrival from across the pond, coliving blends shared accommodation and apart-hotel services, combining communal living with amenities that can be worthy of even the best hotel. The concept is catching on and seducing French investors. But as the saying goes, “all that glitters is not gold”.
Pia Zumkley from Kempinski Hotel Berchtesgaden awarded the title of world's best receptionist by AICR
The best receptionist in the world comes from Kempinski Hotel Berchtesgaden: Pia Zumkley was awarded "World's Best Receptionist" by the AICR (Amicale Internationale des Sous Directeurs et Chefs de Réception des Grand Hôtels) during a 4-day event in Baden-Baden. The 25-year-old prevailed against 29 other state winners and thus brings the coveted AICR title back to Germany for the first time in 26 years.
ISHC Now Accepting Nominations for the 2022 Young Leader Award presented at IHIF
The International Society of Hospitality Consultants (ISHC) is now accepting nominations for the Young Leader Award to be presented at the International Hospitality Investment Forum (IHIF) in Berlin, Germany 3-5 May 2022.
UNWTO Returns To Geneva As World Begins To Open Up
The Secretary-General of the World Tourism Organization (UNWTO) will be in Geneva this week for high-level talks focused on the restart of tourism as restrictions on travel are eased in many parts of the world.
Ruby Hotels Continues to Grow and Strengthens Management Team
Ruby Hotels’ expansion continues to successfully progress. In the first half of 2022, two hotels will open in Munich and Geneva, as well as a workspace in Vienna. To support the ongoing internationalisation and diversification, Ruby is expanding its top management team.
Valor Hospitality Expands UK Management Portfolio
Valor Hospitality Partners, a global, full-service hotel acquisition, development, management and asset management company, announced today it has been appointed to manage the Courtyard by Marriott Edinburgh hotel, the international hotel management company’s first property in the city.
Barcelona Joins UNWTO’s Network of Sustainable Tourism Observatories
Tourism is one of the leading economic sectors for the city of Barcelona and the surrounding region, responsible for more than 10% of local GDP. The Barcelona Tourism Observatory (BTO) will work to help guide the sector towards greater sustainability. As with other members of the INSTO initiative, the observatory will provide data and analysis to be used to guide evidence-based decision making. This will help Destination Barcelona better deal with the recovery of tourism and in the long run with the large tourist numbers and ensure the sector is managed in a sustainable and responsible manner.
Jin Jiang International and Louvre Hotels Group recognized at the 21st ceremony of the Hospitality Awards
The 21st ceremony of the Hospitality Awards was held on November 30th in Paris, organized by Hospitality On media, under the high patronage of the President of the Republic Emmanuel Macron and in the presence of Jean Baptiste Lemoyne, Tourism Secretary, as well as former football star Christian Karembeu, President of the Jury.
Cycas signs strategic partnership with Borealis Hotel Group
Two of Europe’s leading hotel companies, Borealis Hotel Group and Cycas Hospitality, have this week announced a strategic partnership to open and operate new, branded hotels across Europe.
Valor Hospitality Announces Addition of St. Andrews Scores Hotel to Global Portfolio
Valor Hospitality Partners, a global, full-service hotel management company announced today their partnership with U.S. based Links Collection and Ireland-based Wirefox to operate the Scores Hotel in St. Andrews, beginning with an 18-month renovation. Form ed by Dallas, Texas based partners Robert Covington and Jonathan Harper, the Links Collection is the culmination of a mutual goal to develop and grow a desirable portfolio of small boutique hotels around iconic U.K. golf destinations, following their lifelong enthusiasm for links golf and love of the U.K. Wirefox, owned by B.J. Eastwood, a recognized property developer from Belfast, will lead the development, while Valor Hospitality will provide all hospitality development consulting services followed by managing the property upon opening.
Azora Acquires Bluserena, Italy’s Second Largest Resort Hotel Operator
Azora, the Madrid-based European private equity real estate manager, announces that it has completed the acquisition of Bluserena SPA, the second largest resort operator in Italy, from the Maresca family. The acquisition has been completed on behalf of Azora’s latest pan-European hospitality fund, Azora European Hotel & Lodging, F.C.R. (the “Fund”).
Six Steigenberger Hotels win a “101 Best Hotels in Germany” Award
The “101 Best Hotels in Germany” Awards, the only ranking list of its kind to combine objective quality benchmarks with individual customer satisfaction perceptions, have just been published for the second time. Six Steigenberger Hotels are confirmed as being amongst the leading lights of the German hotel sector. In the individual “Grand Hotel” category, the Steigenberger Frankfurter Hof and the Steigenberger Parkhotel Düsseldorf were placed sixth and ninth respectively.