french alps
Hotel Investment in the Alps Heats Up
JLL | March 26, 2024
Climate change is driving record transaction levels in high-altitude, luxury hotels Long famed for its ski resorts, mountain towns in the French Alps have recently seen an uplift in investor interest. The Savoie and Haute-Savoie regions alone have seen hotel transaction volumes double over the past two years, breaking records with more than €800 million ($875 million) of hotel deals closed, JLL data shows. “Due to the warming climate, and limited new supply of ski resorts, more snow-sure locations at higher altitudes are commanding premium values,” says Matthieu Subit, JLL’s Vice President of Hotels and Hospitality for EMEA Cap...
How France’s Mountain Hotel Industry Is Exploring New Routes
February 26, 2019
Many of the hotels nestled among the French Alps are at a turning point. Previously the preserve of local families, the hotel industry across the region is undergoing a transformation as properties change hands or owners decide to renovate. In recent years, institutional investors and French investment funds such as Algonquin or Sofival have built a presence in the sector. Now, it's continuing to attract non-specialist investors looking to consolidate or diversify their portfolios. "Until recently, the mountain hotel market fitted a similar profile to that of the urban hotel industry in France in the 1980s and '90s," says Gwenola Donet,...
