Mayer Brown advised Eurazeo on the financing aspects of the sale by its 70%-owned subsidiary Grape Hospitality of a portfolio of 22 hotels located in France. This portfolio, representing the largest part of Grape Hospitality’s economic hotels, has been acquired by consortium formed by a hotel operator and a real estate investor.
This strategic operation marks a significant milestone in Grape Hospitality’s development, enabling the Group to further focus on the upper midscale and upscale segments across Europe.
Founded in 2016, Grape Hospitality is a leading integrated hotel owner, operator and investor . Grape Hospitality owns and operates 85 hotels (including the 22 sold hotels) and manages 22 hotels for third parties, totaling more than 10,000 rooms across seven European countries through franchise agreements. This transaction aligns with Eurazeo Real Estate and the Group’s management strategy to transform and develop the portfolio through operational and real estate repositioning, while also diversifying into innovative segments.
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