Accor Sells Headquarters in Paris for 465 Million Euros
Accor has announced that it has entered into exclusive negotiations with the Valesco Group to sell its Paris headquarters, the Sequana Tower, for 465 million euros ($461.2 million).
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edyn Announces Landmark Paris Development For Locke
edyn, the hybrid hospitality pioneer revolutionising the extended stay sector, has today announced the expansion of its lifestyle aparthotel brand Locke into Paris. The acquisition of a historic property in the city's fifth arrondissement will be followed by its development into a 145 key boutique aparthotel, due to open in 2024.
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.
Luxury Hotelschool Paris Invests in the Future of Recruitment for the Luxury Hotel Industry
Luxury Hotelschool Paris, an international management school dedicated to the luxury hotel industry, unveils its ambitions for the new academic year and announces the appointment of Marie-Amélie de Leusse, President of Rémy Cointreau as head of its Strategic Board.
Free-Spending American Tourists Are Pushing Paris Hotel Prices Up, Up, Up
One of Paris’s most expensive hotel suites just got even pricier. A night in the top suite at the Bristol, one of the city’s famed palace hotels, has risen by €5,000 ($4,990) as American tourists, traveling with their strong dollars, have returned en masse to the French capital.
Ennismore Reaches Major Milestone With The Opening Of Its 100th Property
Ennismore, the fastest-growing lifestyle hospitality company globally, is delighted to announce it has reached a significant milestone in its journey with the opening of its 100th property, cementing its position as a leader in lifestyle hospitality. The 100th property, the flagship SO/ Paris, officially opened its doors this September.
onefinestay launches exceptional new stays in Paris
onefinestay, the leading luxury private rental brand offering the world’s finest homes and service, re-launches its Paris Home Collection, unveiling new stays in the finest addresses within the City of Light. From opulent townhouses to sleek, light-filled lofts, each home has been carefully chosen for its exceptional style, character and only prime locations—inviting families and groups of friends to find their home-from-home in the French capital.
Paris hotel sector set for impressive early post-COVID recovery
Strong support from the French government combined with the continued worldwide appeal of Paris has resulted in a dynamic rebound for the city’s tourism sector post pandemic, ensuring its lead is maintained as one of the most desirable destinations for hotel investors, according to Paris – A Spectacular Start to the Recovery, our latest Market Pulse.
ELLE Announces the Debut of "ELLE Hospitality", a New Global Hotel Venture Set To Premiere in 2022
The internationally renowned brand, ELLE, is excited to announce its debut into the hospitality world with the launch of ELLE Hospitality, which comprises two new boutique concepts Maison ELLE and ELLE Hotel. The bold new venture marks an important step in the brand's lifestyle and experiences evolution, as it is the first of its kind from a global media group. Owned by French Lagardère Group, ELLE has its headquarters in Paris, where the first Maison ELLE is scheduled to open this fall.
Laurent Turpault has joined AccorInvest as VP Communications and Public Affairs
Laurent Turpault joined AccorInvest on 2 May 2022 as VP Communications and Public Affairs. This new position is in line with the Group's transformation strategy. His primary mission will be to enhance AccorInvest's reputation and image among its business partners, the public sector and its employees in the 27 countries in which it operates. This dialogue will provide a better understanding of AccorInvest's unique business model as both a hotel owner and operator, its employer brand and its growth ambitions.
Paris hotels reached 2019 profitability level in March
Among key hotel markets in Europe, Paris was the only one to achieve gross operating profit per available room (GOPPAR) that was 100% of the 2019 comparable, according to STR‘s March 2022 P&L data release.
The iconic Moulin Rouge windmill reveals a secret room for an overnight stay with Airbnb
The Moulin Rouge is unveiling a secluded room inside the iconic red windmill that has been sumptuously designed to transport guests back in time to the late 19th century. Few are aware of the space inside the windmill, which has never been open for public access and is now bookable for an overnight stay on Airbnb.
The largest Pullman hotel in Europe is unveiled on Paris’s Left Bank after a four-year makeover and top to bottom revitalization
Pullman Hotels & Resorts is delighted to introduce the fresh new style of Pullman Paris Montparnasse, a 115-meter, avant-garde skyscraper designed by Pierre Dufau in 1972, and a landmark of modern architecture in the heart of Paris. The flagship property sits within a new complex and is part of a larger project that will revitalize the Montparnasse station (which handles more than 60 million commuters a year, transform the Montparnasse Tower (by 2024) and reconnect to the Gaîté quarter and its theatres.
Vincent Panouillot has been appointed as General Manager at Courtyard and Residence Inn Paris Charles de Gaulle Central Airport
Vincent Panouillot is the newest General Manager to join the Cycas team, following the opening this month of Marriott International's first dual-brand hotel in France; the 335-room Courtyard and Residence Inn Paris Charles de Gaulle Central Airport complex. A seasoned hotelier with over 20 years international experience, Vincent brings in-depth knowledge of the Parisian market following recent roles with Sheraton Hotels & Resorts, Renaissance Hotels and Marriott International.
Luc Vicherd has been promoted to VP Operations at Cycas Hospitality
Luc Vicherd, who joined Cycas Hospitality in January 2020, becomes VP Operations for the fast-growing company. He will continue overseeing Cycas's French and Swiss portfolio - including its two dual-brand hotels by Paris Charles de Gaulle airport.
Paris welcomes a new hotel, spa, and dining destination in the heart of Saint-Germain-des-Prés
Stroll through the storied Parisian neighbourhood of Saint-Germain-des-Prés, to the corner of Rue du Pré-aux-Clercs and Rue de l'Université, and discover boutique luxury at the new Pavillon Faubourg Saint-Germain, opening on 1st April 2022. Situated on the French capital's Left Bank, the design-led hotel is influenced by the rich culture and history of its surroundings, which served as the inspiration for local and international writers, artists and musicians for much of the 20th century. Amongst the neighbourhood's esteemed visitors, Irish novelist James Joyce finished his seminal novel, Ulysses, while staying on the site of the new hotel over a century ago.
Introducing Le Grand Mazarin, The New Eclectic, Flamboyant 5 Star Hotel In Paris
Maisons Pariente is delighted to announce the opening of Le Grand Mazarin in Paris, the fourth hotel to be added to the collection of 5 star boutique hotels in France. The hotel will be discovered in Le Marais, a neighbourhood beloved by Parisians and travellers from around the world. This new, unique address allows the collection to expand by offering a luxurious and serene setting in the heart of the hustle and bustle. Le Grand Mazarin is an unexpected and endearing place that reflects the values of Maisons Pariente, through an original hotel story with an exceptional location.
Zoku will open in Paris for the first time, located within Stream Building (17th District)
Zoku and Covivio have announced the signing of a hotel management contract. Hybrid hotel Zoku, with its innovative design that combines a living and business hub all under one roof, will open its first French location on 5,500 m2 of floor space within the Stream Building mixed-use program located in the 17th District of Paris. Scheduled for completion in summer 2022, with Zoku to open fall 2022, Stream Building is being developed in co-promotion with Hines France and in co-investment with Assurances du Crédit Mutuel.
Vincent Pimont has been appointed as General Manager at The Peninsula Paris
The Peninsula Paris is pleased to announce the appointment of Vincent Pimont as its new General Manager, effective January 24, 2022.
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.