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EXTENDAM has signed the walls and business assets of Park 6, a 4-star hotel located in Amsterdam, in partnership with Black Label Hospitality, who will manage its operations.
After some refurbishment work, the establishment will host the first ELLE House in the Netherlands: a hotel based on the ELLE Hospitality concept, positioned within the lifestyle and boutique hotel segment. This new ELLE House will enjoy a prime location in the museum district, just minutes away from the Rijksmuseum and the Van Gogh Museum.
This venture takes place in a city experiencing growing demand for hotels, while its accommodation offerings remain limited. “By investing in this upcoming ELLE House Amsterdam, we are addressing an identified need that will cater to the upscale tourism trend,” notes Jean-Marc Palhon, Chairman of EXTENDAM.
Read full article in Business Immo
Two Reunion schools were rewarded on March 30th at l’Académie du Climat in Paris during the award ceremony of energy saving contest CUBE.S.
Among the award recipients, Thérésien Cadet de Sainte-Rose middle school won a bronze Cube for its 19.5% in energy savings. Through two projects serving as guideline all year, La Salle Saint-Charles high school earned on their part a prize for best pedagogical integration. “Tomorrow’s Home in La Réunion” demonstrates how energy saving has its place in building tomorrow’s homes and “Energy Challenges” involve students competing within classrooms.
Read full article in Le Quotidien de la Réunion et de l’Océan Indien
EXTENDAM, Schroders Capital and Cèdre sold the Eiffel Blomet, a 4-star boutique hotel with 87 rooms to La Financière M.P. Landowski.
Since the acquisition of the hotel in June 2018, the team has worked hard to position this hotel on the Parisian market. The implementation of an effective revenue management policy, coupled with fine cost management, made it possible to significantly increase the performance of this hotel during the holding period.
“We are proud of the work carried out since 2018 by all the teams. This work has enabled the establishment to achieve remarkable performance, including during the health crisis, where, thanks to its strengths, the hotel has maintained a more than satisfactory level of activity and profitability”, adds Jean-Marc Palhon, EXTENDAM president.