EXTENDAM sells nine Paris hotels totalling 381 rooms in the first half of 2026

EXTENDAM, an investment management firm specialised in hotel private equity in Europe, announces the disposal, during the first half of 2026, of nine Paris hotels totalling 381 rooms. Completed in a particularly active market for Paris hospitality, these transactions illustrate EXTENDAM’s ability to identify, reposition and create value from hotel assets in one of Europe’s most competitive hotel markets.

Nine repositioned and value-enhanced assets in the heart of Paris

The disposals concern nine properties representing 381 rooms, located across several strategic districts of the French capital, including the Le Riesner hotel (Paris 12th), Fior d’Aliza (Paris 9th) and Grand Hôtel Chicago (Paris 17th).

Acquired between 2014 and 2021, these assets each benefited from tailored value-creation strategies combining renovation works, upscaling, commercial repositioning and operational optimisation — the pillars of EXTENDAM’s hotel investment strategy. Several properties underwent a category upgrade, moving from 3-star to 4-star, while others were supported through a transition to independent operation to strengthen their identity and appeal.

The transformation programmes carried out modernised guest rooms and common areas, expanded the range of services offered, and adapted each property’s positioning to evolving demand in the Paris tourism market. Throughout, the objective remained sustainable improvement of operating performance and asset value — an approach already demonstrated through the transformation of Square Louvois in Paris (FR-language case study; no EN version currently live — link the FR page or omit until an EN version exists).

This series of disposals illustrates EXTENDAM’s strategy of identifying properties with repositioning potential, supporting their transformation alongside experienced hospitality partners, and then crystallising the value created for the benefit of its investors.

A Paris hotel market underpinned by solid fundamentals

Following a 2024 marked by the Olympic and Paralympic Games, the Paris hotel market continues its growth momentum, driven by strong domestic and international demand alike. As of the end of April 2026, Paris RevPAR reached €164, up 4% year-on-year, confirming the destination’s ability to sustain a high level of activity well beyond the Games.

The intramuros Paris hotel market also remains characterised by a structural scarcity of supply and a limited volume of transactions. Against this backdrop, assets with prime locations and a clearly defined positioning continue to attract strong investor interest. Underpinned by robust fundamentals, particularly in the upscale and luxury segments, Paris continues to offer attractive long-term hotel value-creation prospects.

“These disposals fully illustrate EXTENDAM’s strategy of identifying assets with transformation potential, supporting their upscaling, and creating long-term value. Paris remains one of the most resilient and sought-after hotel markets in Europe. The depth of demand, the scarcity of supply and the destination’s international appeal continue to fuel strong investor appetite for quality assets in the capital,” say Anna Cohen, Matthieu de Lauzon and Maxime Durand, Fund Managers at EXTENDAM.

A proven Paris hotel investment strategy

This series of disposals builds on EXTENDAM’s track record in the capital, already illustrated by several transactions carried out in central Paris in recent years. For investors looking to gain exposure to this momentum, EXTENDAM offers several dedicated hotel investment vehicles, including its club deal offering, which allows direct investment in identified assets.

Past performance of the sector and its estimated growth potential are not indicative of the future performance of the investment vehicles marketed by EXTENDAM. These investment vehicles invest in unlisted companies with limited geographic diversification and are subject to specific risks, including the risk of capital loss and the illiquidity of the underlying assets.