Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


August 04, 2015 4:10 AM ET

Hotels, Restaurants and Leisure

Company Overview of Louvre Hotels SAS

Company Overview

Louvre Hotels SAS owns, operates, and franchises a chain of hotels in Europe, the Middle East, North/South America, Africa, and the Asia Pacific. Its portfolio ranges from one to five star hotels. Louvre Hotels SAS has a strategic alliance with Golden Tulip Hospitality Group. The company was founded in 1976 and is based in La Défense, France. Louvre Hotels SAS operates as a subsidiary of Groupe Du Louvre, SAS.

Village 5

50, Place de l'Ellipse

CS 70050

Cedex

La Défense,  92081

France

Founded in 1976

Phone:

33 1 42 91 46 00

Fax:

33 1 42 91 46 01

Key Executives for Louvre Hotels SAS

Chief Executive Officer and President
Chief Financial Officer
Age: 47
Chief Operating Officer of Franchise & Management for Europe
Chief Technology Officer
Age: 48
Deputy Chief Executive Officer of Investor Relations
Compensation as of Fiscal Year 2015.

Louvre Hotels SAS Key Developments

Accor And Others Reportedly Eye Louvre Hotels

Accor S.A. (ENXTPA:AC) is known to be among the potential suitors for the acquisition of Louvre Hotels SAS from Starwood Capital Group, a source close to the matter said. "Accor is looking at the dossier but the process is at an early stage," the source said. French daily Les Echos reported that Starwood looking at divesting Louvre Hotels and Accor was among the buyers that had submitted non-binding offers. The report added that the sale could fetch €1.2 billion - €1.5 billion ($1.5 billion -1.9 billion). Les Echos added that among other potential buyers are PAI Partners, CVC Limited (ASX:CVC), The Blackstone Group, Private Equity Group, and Fonciere Des Murs (ENXTPA:FMU). Accor’s shares were off 0.99% at €31.48.

Starwood Reportedly Plans To Sell Louvre

Starwood Capital Group is looking to sell Louvre Hotels SAS for €1.2 billion - €1.5 billion, French media reports.

Louvre Hotels Group's New Development of its Luxury Collection Royal Tulip in Suzhou China

Louvre Hotels Group announced the official partnership with Suzhou Wuzhong City Construction Investment & Development Co Ltd. for the 5 star luxury brand Royal Tulip of its Golden Tulip Hotels, Suites & Resorts in an authentic French ambience Lart de Vivre, parc Français. The announcement is made both during the Planète PME 2012 on June 18, 2013 in Paris as well as the 2013 Suzhou Wuzhong Taihu Lake Econimic and Trade Cooperation Fair on October 18, 2013 in Paradise on Earth city - Suzhou China.

Similar Private Companies By Industry

Company Name Region
Groupe Looping Europe
La Maison du Danemark Europe
SAS Tout Chaud Europe
Les Relais de Paris Europe
TF1 Entreprises, S.A.S. Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Louvre Hotels SAS, please visit www.louvrehotels.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.