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“This year, we will invest as much as in 2019”

Jean-Marc Palhon the Chairman of EXTENDAM was recently interviewed by Jean-Denis Errard on the state of hotel investment market. Despite a stressful economic climate, he explains the resilience of the invesment ground of the management company (low budget and mid-range hotels for corporate clients) and the relevance of its strategy consisting in acquiring walls and business assets.
His advice: “beware of the magnifying glass effect and take a step back”. EXTENDAM will indeed be able to capture the interesting entry points into this buoyant long-term market over the coming months. “This year we will invest as much as in 2019, but with an additional requirement to remunerate the uncertainty”.
Find the complete article in the current issue of Gestion de Fortune.
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[BONI.D] Les Ateliers Chutes Libres reuse wood offcuts and pass on a fine know-how

Salvaged from exhibitions, events and carpentry workshops in Ile-de-France, wood offcuts collected by Les Ateliers Chutes Libres were meant to destruction. They will finally be used in open-to-all  workshops where participants can learn to build their own furniture and items.

These workshops aim at avoiding waste and CO2 emissions but also pass on real know-how for being able to take care of, create or repair numerous items fully by oneself. Congratulations to Les Ateliers Chutes Libres for this great idea!

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La Fabrique du Tourisme : what will tourism look like tomorrow ?

Did you know it? Created during the lock-down of March 2020, from a joint reflection of Bpifrance, MKG Consulting and EXTENDAM, La Fabrique du Tourisme took its first steps on last October 13th.
“In the future, it will not be necessary to do better with less, but to do differently”. This is its organizers’ belief. Therefore, it seemed essential to unite and share ideas on tomorrow tourism while facing with current and future changes that will shape the sector in the years to come.  The objective: to ensure a proactivity in the sector’s models transition thanks to a collective intelligence.
As an operational think tank bringing together professionals from the hotel and catering industry, ecologists, economists, sociologists, philosophers and students from the sector’s top schools, La Fabrique du Tourisme has thus set itself the task of identifying new trends and expectations in tourism; determining innovative value creation leverage; developing economic intelligence between tourism players; detecting and analyzing new accommodation models and, more generally, working to the attractiveness and influence of French tourism.
The first working session was held on the priority theme of sustainable tourism covering all environmental, social and governance (ESG) issues. The second session will take place in January 2021 on the digital technology theme.
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The Domaine de la Thibaudière on Mariages.net 

We are delighted to find the Domaine de la Thibaudière, a Domaines & événements’ venue, featured on the Mariages.net website. Not far from Paris, entirely renovated, la Thibaudière is an ideal place to gather and organise beautiful events with the added bonus of a collection of contemporary art and design, reinforcing its exceptional character. Discover all the Domaines & Evènements‘ venue and their outstanding heritage.
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October 2020: inventory of the hotel industry in France

The hotel industry sector is currently experiencing a slight drop after its summer progress. With historically low occupancy rates, France however remains a popular destination and records the best performance in Europe. EXTENDAM, the leading pure player investor in the hotel industry in Europe, notes, confident that its hotels “outperform their benchmarks”. Restaurants, tourists, trains, air and pedestrian flows, financial and stock market analyses… Find out the details of the update Barometer’s results as well as exclusive interviews with Pedro Novo, Executive Director in charge of exports at Bpifrance and Fabrice Dariot, Chairman of La Bourse des Vols in Business Immo.
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The Exhibition Book “Et Demain on fait quoi?” is out!

Six months ago, the Pavillon de l’Arsenal launched a call for contributions to the attention of all the city making players. 198 contributions answering the question “What do we do for tomorrow?” were collected and exhibited at the Pavillon de l’Arsenal in June 2020. It is now possible to discover and consult them in the exhibition book available at the Pavillon de l’Arsenal bookshop. We are happy to have our copy at les Grandes Idées and to find there the vision of Maud Caubet, Jacques Ferrier, Franck Boutté, Benjamin Delaux, Amaco, DVTUp, Anne-Elisabeth Bertucci, Vraiment Vraiment, Catherine Sabbah and so many others!
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Aymeric Oudin appointed as a Deputy Chief Executive Officer of EXTENDAM

Aymeric Oudin joined the EXTENDAM management team as a Deputy Chief Executive Officer in October 2020. The asset management company is the European leader of  private equity in the hotel industry and thus adds a new string to its bow for its strategy  management, for the development of the firm and the deployment of its institutional partnerships in France and Europe.

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[BONI.D] Shine Back: the backpack that makes cycling and urban life easier

Angèle Radjagobal dreamed of creating a company that encourages the use of bikes. And it’s done! Since September 15, the French Soundary Cycle brand has released its new backpack that make life easier for cyclists and pedestrians! Resistant, reflective, sustainable, fixable, unisex… this innovative backpack combines qualities and uses. With its unique design, simple and efficient clips and ergonomic storage, the new Soundary Cycle bag is a great innovation that promotes ecomobility with style.

 

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Les Grandes Idées organises Domaines & événements’ PR Launch !

Les Grandes Idées is glad to organise the PR  launch of Domaines & Evénements.  First domain management company, Domaines & Evénements offers a collection of event venues with a strong natural and historical heritage. Its motto: Unite & Reunite! Domaines & Evénements’ team is made up of a dozen intrapreneurs with expertise in venue management, events and services, gathered around the three complementary founders of the brand: Nicolas Tommasini, Geoffroy Perdon and Colas Guyonnaud.
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EXTENDAM seizes an investment opportunity in Spain

 EXTENDAM takes over the construction of a new 230-room economy hotel in Spain on a unique location in the hypercentre of Madrid. This operation is the result of an opportunity that arose during the lock down that EXTENDAM has been able to realise under interesting conditions with one of the main hotel operators in Spain: Continuum Hospitality Group. Construction work will start again in November 2020 and the hotel should open after the health crisis, at the end of 2022.
Jean-Marc Palhon, President of EXTENDAM, explains: “Spain is the 2nd most visited country in the world after France, ahead of the United States. It is one of the European territories where it is still possible to develop new hotel projects with confidence because of its real market depth. Real estate reserves are certainly constrained there, but much less than in France, Great Britain, Germany or Italy, thus creating the right conditions for the development of new construction or refurbishment projects. These conditions are also amplified by specific Spanish factors, especially economic ones, favorable to investment in the hotel sector, as attendance and investment constants that should keep on going after the health crisis, when the hotel will open in two years’ time“. Read the complete press release
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