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Extendam announces the acquisition of the Sofitel Roma Villa Borghese (Italy) and Sofitel Lisbon Liberdade (Portugal), marking a significant expansion of its European hotel portfolio. These acquisitions, financed with green loans supported by Crédit Agricole Corporate Investment Banking, CAIXA Bank, and BancoBPI, align with Extendam’s commitment to sustainability and luxury in the hospitality sector. 🌿💼

The Sofitel Roma Villa Borghese, located on Via Lombardia in Rome, is a 5-star hotel featuring 78 rooms, a rooftop terrace with panoramic views, and a fitness center. It will undergo technical improvements to enhance its energy and environmental performance. The Sofitel Lisbon Liberdade, situated on Avenida da Liberdade, will see a comprehensive renovation that includes adding new suites and a spa / wellness area, aiming to boost its sustainability credentials.

🛎️Asset management for these hotels will be handled by Ring a Bell Hospitality and DG Invest, respectively. This acquisition underscores Extendam’s strategic partnership with Sofitel and reinforces its dedication to elevating the standards of European luxury hospitality.

Read more on Hospitality Investor

Organized by Énergie Partagée, with support from ADEME and the City of Marseille, this flagship event celebrates the dynamism of citizen renewable energies in France.

Since its inception in 2010 in Paris, these meetings have built a strong network of commitment and exchange, spanning French regions to promote citizen renewable energies. This year, the Provence-Alpes-Côte d’Azur region is in the spotlight for the 15th edition.

An event aimed at making everyone a stakeholder in this rich history of sharing experiences and best practices to build a more responsible and inclusive energy future!

📅 Thursday, May 23 and Friday, May 24

📍 Marseille City Hall

🎤 We remain at your disposal for any press accreditation requests!

Learn more about the program

At the crossroad of innovation and empathy is OTO, a solution designed to address a need: therapeutic hugging. This chair offers a nest, an oasis of calm amidst the sensory tumult of everyday life: a controlled and soothing embrace experience.

The concept has its roots in a specific request from the ADAPEI of Blain Medical-Educational Institute. Within the autistic universe, where sensory overload can be overwhelming, the need for a physical embrace has proven essential.

Alexia Audrain, a cabinetmaker and furniture designer, created OTO, merging science and design to offer a safe and comforting space. A meticulous exploration of user needs was conducted through close collaboration with the educational team of the IME, and a year and a half of research and development gave birth to OTO.

Congratulations for this beautiful creation!

Following a meeting of an interministerial committee led by Prime Minister Gabriel Attal, with a new investment fund of 300 million euros planned to finance sustainable tourism, Jean-Marc Palhon, Chairman of EXTENDAM, represented La Fabrique du Tourisme on the microphone of Thomas Pinaroli for France Culture’s Matins on Wednesday, May 8. A great opportunity to take stock of the industry’s health, the springboard of Paris 2024 Olympics, the digitization of hotels, and its environmental shift.

Analysis to be found on France Culture

Les Ateliers du Bocage, a cooperative with social and environmental utility, has been paving an exemplary path in the circular economy landscape for 30 years.

Through various activities, from wooden pallets to natural space maintenance, and the collection and recycling of IT equipment and second-hand books, Les Ateliers du Bocage have demonstrated that a new responsible economic model is possible.

By promoting employment and integration in the region, developing inclusive mobility solutions, and offering permanent positions to people with disabilities, Les Ateliers du Bocage embody solidarity in all its forms.

Congratulations! 🙌

Discover Les Ateliers du Bocage

EXTENDAM’s latest monthly barometer highlights the remarkable vitality of the French hotel industry. The sector has surpassed its own records, including those from the historic year 2023. With a notable increase in the occupancy rate (+2 points to 64%) and a rise in the average price (+3% to €115), RevPAR has climbed to €73, an increase of +7 points. This dynamic has been observed both in Île-de-France and regionally.

“After a relatively calm start to the year, hotel performances shone brightly in March, even surpassing the previous year’s peak figures. This is partly due to the shift of school holidays to April this year,” says Vianney Lautrous, asset management coordinator of the barometer at EXTENDAM. Although April shows a slight decline, optimism is high for the coming months, particularly with the opening of reservations for the high season.

These performances also attract investors, with nearly one billion euros already invested in the first quarter of 2024, making the French hotel sector the most performant asset class.

In summary, French hotel performances in March 2024 not only reflect the sector’s vitality but also its ability to attract both travelers and investors, promising bright prospects for the future.

Read the EXTENDAM barometer results in Business Immo

The 14th edition of the Les Puces Typo festival organized by the Campus Fonderie de l’Image is coming soon! Dive into the captivating world of contemporary typography with the works of around forty exhibitors, inspiring conferences, and workshops led by experts in the field 🖌️✨

It’s also an opportunity to find unique posters and editions!

📌 Where: Campus Fonderie de l’Image, 80 rue Jules Ferry – 93170 Bagnolet

🕘 When: Saturday, May 25, from 10 am

Learn more on Beaux Arts

2023 was exceptional for Énergie Partagée with a threefold increase in investments in citizen renewable energy projects compared to 2022. The pioneering movement of citizen renewable energies announced a total raise of 40 million euros, invested in 135 green energy production projects across France!

Erwan Boumard, CEO of Énergie Partagée commented: “The investment of 40 million euros since our inception marks a significant milestone in our commitment to the citizen energy transition. The financed projects meet the exemplary criteria of our label and are profitable to ensure a reasonable return. This is a collective achievement that reflects the dedication of our teams as well as the growing trust and support of our shareholders and partners”.

Learn more on Presse Agence

Office conversion projects into hotels must meet several criteria to be successful (types of buildings, locations, etc.). Hotel investors are seizing these opportunities in a crisis-hit office market.

John F Hewitt Fernández, EXTENDAM manager, said to Le Monde: “We review numerous operations of this type each month. […] We are convinced there is something to be done in this field”.

Full interview to be found in Jessica Gourdon’s article for Le Monde

Sovereignty and energy transition, Ile-de-France Decarbonization Barometer, Innovations reinventing local energy production… these are just some of the themes that will be explored by top experts from the Île-de-France region tomorrow at the 3rd Morning of Les Assises du Grand Paris at the Maison des Travaux Publics.

📌 Where: @Fédération Nationale des Travaux Publics – 3 rue de Berri, Paris 8th

🕘 When: Tuesday, April 30, starting at 8:30 am

Registration and program