Groupe du Louvre explained

Louvre Hotel Group
Native Name:Groupe du Louvre
Industry:Hospitality
Hq Location City:Nanterre
Hq Location Country:France
Num Locations:1700+
Area Served:Worldwide
Key People:Federico J. González, CEO
Services:Hotels
Website:louvrehotels.com

Groupe du Louvre or Louvre Hotel Group[1] is a French company operating several hotel brands with over 1700 locations headquartered in La Défense in Nanterre, France.[2] [3] [4]

History

The luxury hotels division (previously known as Société du Louvre) can trace its origins to a company founded on 26 March 1855 to operate Les Galeries du Louvre, later Grands Magasins du Louvre, a department store and the Grand Hôtel du Louvre. These shared a large building on the Place du Palais Royal in Paris, France.[5]

The company was owned by the American investment company Starwood Capital Group following its earlier purchase of Société du Louvre in December 2005.[6] Since 2009, the Golden Tulip hotels were integrated into the group following their purchase of Golden Tulip Hospitality Group from administration by Starwood Capital.[7] The group previously owned the Paris Hôtel de Crillon but sold it at the end of 2010.[8] The company sold the perfume firm Annick Goutal to the South Korean giant Amore Pacific in 2011.[9]

The range of hotel brands was extended in 2009 with the purchase of Golden Tulip Hospitality Group. Groupe du Louvre and Louvre Hotels Group was sold to Jinjiang International in 2015.[10]

Brands

As of 2024, Groupe du Louvre owns and operates over 1700 hotels under the following brands:[11]

Budget
Midscale
Upscale

External links

Notes and References

  1. https://www.louvrehotels.com/en-us/ louvrehotels.com
  2. "Contact ." Groupe du Louvre. Retrieved on 27 June 2010.
  3. "Plan interactif ." Nanterre. Retrieved on 27 June 2010.
  4. https://www.louvrehotels.com/en-us/our-group/ louvrehotels.com - Our group
  5. Les Pereire et les Nalgelmackers, promoteurs du transport ferroviaire et du réseau hôtelier parisien, 1855-1900 . Vajda. Joanne . Revue d'histoire des chemins de fer. 38. 27–44 . 2008 . 0996-9403. 2014-02-08. 10.4000/rhcf.1256 . free.
  6. http://www.starwoodcapital.com/Representative_Transactions.aspx Starwood Capital
  7. http://uk.reuters.com/article/us-goldentulip-starwood-idUKTRE56644S20090707 Reuters 7 July 2009
  8. https://www.bbc.co.uk/news/world-europe-12067766 BBC News 23 December 2010
  9. Web site: Cosmetics giant snaps up French perfumery. https://archive.today/20130127030741/http://koreajoongangdaily.joinsmsn.com/news/article/article.aspx?aid=2939774. usurped. January 27, 2013. Korea Joongang Daily. 5 August 2012. 4 August 2011.
  10. Web site: Starwood Capital Group completes the sale of Groupe du Louvre and Louvre Hotels Group to Shanghai Jin Jiang International Hotels Development Co., Ltd.. Group. Starwood Capital. www.prnewswire.com. en. 2018-06-11.
  11. https://www.louvrehotels.com/en-us/our-brands/ louvrehotels.com - Our brands

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