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[EXCLUSIVE] Parisian hotel group Machefert in search of buyers

Les Hôtels de Paris, which has been in receivership since April 2024, owns 17 upscale establishments in Paris, as well as the Kube Saint-Tropez.
Le Normandy Hôtel, in Paris's<sup>1st</sup> arrondissement (CoStar)
Le Normandy Hôtel, in Paris's1st arrondissement (CoStar)
By Vincent Lepercq
January 21, 2025 | 8:18 AM

Translated from French.

Les Hôtels de Paris, which has been in receivership since April 2024, owns 17 upscale establishments in Paris, as well as the Kube Saint-Tropez. There's no doubt that this portfolio could attract takeover bids. But the family shareholders don't see it that way, and are defending a continuation plan.

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