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Case Study

Record-Breaking luxury hotel portfolio deal in Europe

On behalf of Groupe du Louvre JLL's Hotels and Hospitality Group sold the Concorde luxury hotels portfolio to Constellation Hotels France, a Middle East based investor with global hotel holdings. The 1,700- room portfolio included the Hôtel du Louvre and the Concorde Lafayette in Paris, the Hotel Martinez in Cannes, and the Palais de la Méditerranée in Nice. The deal represented the largest transaction in the European hotel market since 2011 and reinforces the international appeal of European gateway cities for real estate investors.​