Martinez Cannes and Concorde Lafayette sold to a Qatari investor

Katara Hospitality to buy French luxury hotels   Famed Martinez hotel in Cannes and Paris’ Concorde Lafayette Porte Maillot are now owned by an investor of Qatar. The hotel group Groupe du Louvre (US hotel group Starwood Capital) has indeed sold these two hotels to Katara Hospitality. Starwood Capital’s Groupe du Louvre will hold a meeting … Read more

Louvre Hotels on an expansion shortcut in fast-growing China

Starwood Capital’s Louvre Hotels to speed up its expansion in fast-growing China Louvre Hotels, the world’s eighth-largest hotelier owned by U.S. investment group Starwood Capital, partnershiped with number one Chinese tour operator for expansion. Louvre Hotels, which so far has three hotels in China, plans to open 25 midscale or luxury hotels in the Shanghai … Read more