Le 12.11.20
“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.