Groupe du Louvre

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"Louvre Hotels" redirects here. It is not to be confused with Hôtel Louvre et Paix.

Groupe du Louvre is a French company, headquartered in Village 5, La Défense in Nanterre, France.[1][2] Group de Louvre and Louvre Hotels Group was sold to Shanghai Jin Jiang International Hotels Development Co., Ltd. in 2015.[3] The company was owned by the American investment company Starwood Capital Group, following its earlier purchase of Société du Louvre in December 2005.[4] The range of hotel brands was extended in 2009 with the purchase of Golden Tulip Hospitality Group.

Hospitality[]

Goldentulip-logo.png

Louvre Group owns the European hotel brands (1 star), Campanile (2-3 stars), Kyriad (2-3 stars), Kyriad Prestige (3 stars), Tulip Inn (3 stars), Golden Tulip (4 stars), and Royal Tulip (5 stars).[5] Since 2009, the Golden Tulip hotels were integrated into the group following their purchase of Golden Tulip Hospitality Group from administration by Starwood Capital.[6]

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.[7] The division is managed by the Societe Concorde Management Company, a subsidiary of the group trading under the Concorde Hotels & Resorts brand, with locations around the world.[8]

The group previously owned the Paris Hôtel de Crillon but sold it at the end of 2010.[9]

Products[]

The group is the majority shareholder of Baccarat, a crystal manufacturer. Starwood Capital, through its subsidiary SH Group has launched the luxury Baccarat Hotels.

The company sold the perfume firm to the South Korean giant Amore Pacific in 2011.[10]

References[]

  1. ^ "Contact Archived 2010-09-11 at the Wayback Machine." Groupe du Louvre. Retrieved on 27 June 2010.
  2. ^ "Plan interactif." Nanterre. Retrieved on 27 June 2010.
  3. ^ Group, Starwood Capital. "Starwood Capital Group completes the sale of Groupe du Louvre and Louvre Hotels Group to Shanghai Jin Jiang International Hotels Development Co., Ltd". www.prnewswire.com. Retrieved 2018-06-11.
  4. ^ Starwood Capital
  5. ^ "Discover Louvre Hôtels Archived 2012-10-16 at the Wayback Machine." Louvre Hôtels. Retrieved on 27 June 2010.
  6. ^ Reuters 7 July 2009 Retrieved on 5 August 2012.
  7. ^ Vajda, Joanne (2008). "Les Pereire et les Nalgelmackers, promoteurs du transport ferroviaire et du réseau hôtelier parisien, 1855-1900". Revue d'histoire des chemins de fer (38): 27–44. doi:10.4000/rhcf.1256. ISSN 0996-9403. Retrieved 2014-02-08.
  8. ^ Concorde Hotels and Resorts
  9. ^ BBC News 23 December 2010 Retrieved on 5 August 2012
  10. ^ "Cosmetics giant snaps up French perfumery". Korea Joongang Daily. 4 August 2011. Retrieved 5 August 2012.

External links[]


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