Business Summary
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Business for Sale
Hotels in Paris sell for EUR 1.3 billion

Mandate ID: IE-1-JBE-3-1903-1
Transaction Type:
Business for Sale

Industry: Hotel


Sector: Hospitality


SIC Code: 70110300 HOTELS


Country of Origin: France |


Target Areas: Worldwide


Business Review

Newly renovated very luxury hotels in Paris

Financial Information

Asking Price: EUR 1,300,000,000


Highlights

New renovation - a very luxury 5* Hotel in central location.
Bars, spa & wellness and conference centre
125 Rooms

Two 5* and Two 4*. Hotel 1: 5* Hotel, Rooms 125, Sale Price €1.3billion
Hotel 2: 4* deluxe hotel, with additional rooms in the adjacent building, total rooms 1025, Occupancy 80% Yield 4%, Sale Price €750million. Hotel 3: 5* Hotel with 300 rooms, occupancy 78%, Sale Price €325million + 3% (buyer fee). Hotel 4: 4* with 49 rooms, Sale Price €45million. All four located in France

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