Groupe du Louvre
Groupe du Louvre is a French company, headquartered in Village 5, La Défense in Nanterre, France.[1][2] The Group is owned by the American investment company Starwood Capital Group's subsidiary following its purchase of Société du Louvre in December 2005.[3] The range of hotel brands was extended in 2009 with the purchase of Golden Tulip Hospitality Group.
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Hospitality[edit]
Louvre Hôtels Group owns several hotel brands, which vary by star rankings. Brands operated by the firm include Première Classe (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) located throughout Europe.[4] Since 2009, the Golden Tulip hotels were integrated into the group following their purchase of Golden Tulip Hospitality Group from administration by Starwood Capital.[5]
The luxury hotels division (previously known as Société du Louvre) 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.[6] Locations include the 33-storey Hotel Concorde La Fayette in Paris.
The group previously owned the Paris Hôtel de Crillon but sold it at the end of 2010.[7]
Products[edit]
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 Annick Goutal to the South Korean giant Amore Pacific in 2011.[8]
References[edit]
- ^ "Contact." Groupe du Louvre. Retrieved on 27 June 2010.
- ^ "Plan interactif." Nanterre. Retrieved on 27 June 2010.
- ^ Starwood Capital
- ^ "Discover Louvre Hôtels." Louvre Hôtels. Retrieved on 27 June 2010.
- ^ Reuters 7 July 2009 Retrieved on 5 August 2012.
- ^ Concorde Hotels and Resorts
- ^ BBC News 23 December 2010 Retrieved on 5 August 2012
- ^ "Cosmetics giant snaps up French perfumery". Korea Joongang Daily. 4 August 2011. Retrieved 5 August 2012.
External links[edit]
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