Hotel Acquisitions in Selected European Countries
Acquisition CriteriaDescription:
A Paris, France-based European developer and owner of multiple hotels in some European countries, desires to expand its presence in the following geographical areas of interest:
In France:
- City centers of the French regional capitals.
- Major tourist destinations in France with significant flows include Chamonix, Biarritz, Annecy, and Saint-Malo.
Countries bordering France in the eurozone:
- The Netherlands, Belgium, Luxembourg, Germany, Spain, and Italy. Locations: Cities with tourist and business areas.
- City center building for quick conversion (1,500 Sq M, with building and commercial licenses)
Type of Hotels:
Medium segment, 3–4 Stars, with potential for room revenue above € 1.5m/year, typically 50+ rooms.
Other preferences:
Investment Approach:
- Off-market properties that have high potential for development and rebranding.
- Sponsored properties must show KPIs to cover 12 months of ADR, RevPAR, Occupancy, and NOIs.
- Disclose how property is owned and managed, typically by following models:
- OPCO: Operating Company, PROPCO: Property Company.