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,...