The portfolio comprises eight assets situated in desirable locations throughout Germany, the UK, the Netherlands, Spain, and Italy, including key cities such as Berlin and Turin. With assets all located in proximity to a city centre or on a major motorway route and operating under a mix of the Louvre Hotels’ brands, the hotels allow for easy access to major leisure and corporate demand generators.
Additionally, the majority of the sites offer meeting spaces and on-site food & beverage facilities, providing multiple income streams and opening up further development potential.
Anna Friedrich, Associate Director at Christie & Co comments, “Bringing these eight hotels to the market is an exciting venture for us, leveraging our pan-European Brokerage team. We look forward to engaging with potential buyers in Germany, Spain, Italy, the Netherlands and the UK to find the right new owners for these sites on behalf of Louvre Hotels Group.
“Due to their locations, size and potential, we anticipate strong interest from regional operators in the respective hotels’ countries but also from the wider European market, as these sites would be a fantastic addition to a growing portfolio.”
The freehold and long leasehold of the hotels are available subject to franchise agreements, apart from the two assets in Germany, which are offered on an operational lease basis. Christie & Co is inviting offers on a group, subgroup or individual basis.
For further information on all the sites, please contact Anna Friedrich on Anna.Friedrich@christie.com
or +44 20 7227 0726.