The group will launch three NH Hotels in Q1 2024, with one of the properties to be rebranded as NH Collection in 2025 following a renovation.
Strategic plan
Owning company Swiss Life Asset Managers France is partnering with Minor Hotels for the three Parisian sites. The addition of these properties is part of the hotel chain’s strategic growth plans to expand into key cities in Europe.
The group will make its debut in Paris with the 207-key NH Paris Gare de l’Est and the 103-key NH Opéra Paris Faubourg. The third property with 90 keys will open as NH Paris Champs-Elysées and will then be launched in 2025 as NH Collection after its refurbishment.
Central location
These three hotels, which will be refurbished, will offer travellers 400 guestrooms as well as a restaurant and bars serving local cuisine.
Right in the heart of the city, the hotels are located in some of the most well-known areas for shopping, dining and sightseeing, and close to the main tourist sites such as the Louvre, the national opera and the Champs-Elysées.
Right opportunities
Dillip Rajakarier, CEO of Minor Hotels and group CEO of parent company Minor International commented: “Our team has been searching for the right opportunities in this key market for some time, so we are pleased to announce that, together with Swiss Life AM, Minor Hotels will arrive in Paris not with one but with three hotels.
“We believe this is an amazing opportunity to grow with two of our brands in the second most visited city in the world and home to the 2024 Olympics.”
Added value
Johanna Capoani, head of hospitality, Swiss Life Asset Managers France, added: “We are very pleased at Swiss Life Asset Managers France to develop our hospitality offering with a management agreement with the well-known international hospitality group Minor Hotels and supporting their entry into Paris, a major tourism power.
“We believe that our synergies will create a new offer under the NH Hotels and NH Collection brands and add value to our customers.”
Future openings
The three hotels in Paris will join Minor Hotels’ current portfolio of six properties in the country located in Marseille, Lyon, Toulouse and Nice.
Future European openings for the NH Collection brand include NH Collection Helsinki Grand Hansa in Finland, and a Spanish pair: NH Collection Amistad Cordoba and NH Collection Cine Ideal.
