AccorInvest Group SA – Public Limited Company (Luxembourg)
Global (as at March 2019): 875 Hotels, 125,579 Rooms, 26 Countries – 48% Southern Europe, 27% Central Europe, 15% Northern Europe, 10% other. See portfolio.
As a hotel investor & owner, AccorInvest’s mission is to manage and optimise property assets, with high ambitions in terms of value creation. The goal is to generate capital which will enable them to accelerate the defined growth strategy: refurbishment, acquisition and construction of new hotels. AccorInvest leads operating activities with the support, incentive and supervision of Accor acting as a Manager. Almost 90% of the portfolio is in the midscale and economic market segments under the brands: hotelF1, Ibis Budget, Ibis, Ibis Styles, Adagio, Mercure, Novotel, Mama Shelter, M Gallery, Pullman, Sofitel, Swissotel, Fairmont.
Covivio Hotels – Real Estate Investment Trust Company (France)
Global (as at 31 December 2018): 384 Hotels, 45,478 Rooms, 7 Countries – France, Germany, UK, Spain, Belgium, Netherlands, Portugal.
Covivio Hotels (ex Foncière des Murs), is a subsidiary of Covivio, specialised in owning hotel properties. Their strategy is to focus on real estate investments in the hotel sector in Europe while diversifying methods of association and continuing development support for partners. Covivio has an institutional shareholding comprising the life insurance subsidiaries of Crédit Agricole, Crédit Mutuel-CIC, BNP Paribas, Generali, Société Générale, and Caisse des Dépôts et Consignations. The company’s investment policy favours partnerships with leading innovative and profitable operators under lease and management in order to offer a recurring return to its shareholders. Brands include B+B Hotels, Barcelo, Club Med, Eurostars, Meininger, Motel One, NH, Sunparks, Tryp, Ibis Budget, Ibis, Ibis Styles, Mercure, Novotel, Pullman, Crowne Plaza, Holiday Inn, Indigo, Intercontinental, Kimpton, Voco, Marriott Autograph Collection, Meridien, Westin, Park Inn by Radisson, and Radisson Blu.
Pandox AB (publ) – Public Limited Company (Sweden)
Global (as at July 2019): 147 Hotels, 32,800 Rooms, 15 Countries – Sweden, Germany, Norway, UK, Finland, Belgium, Denmark, Ireland, Austria, Canada, Switzerland, Netherlands, The Bahamas. 15 Brands. See portfolio.
Pandox founded in 1995 is a leading owner of hotel properties in Northern Europe, its company’s B shares are listed on Nasdaq Stockholm. The business concept, which is based on expertise within hotel properties, hotel operations and business development, is to actively own, develop and lease hotel properties. The business is organised into two segments: Property management, which comprises hotel properties leased on a long-term basis to market leading regional hotel operators and leading international operators, and operator activities, which comprises hotel operations executed by Pandox in its owned hotel properties. Hotels are managed under different types of agreements and are marketed under well-known hotel brands such as Scandic, Leonardo, Jurys Inn, InterContinental, Hilton, Hyatt, Crowne Plaza, Holiday Inn, Radisson Blu, Clarion, Comfort, Quality, Elite, First and NH.
Union Investment – Public Limited Company (Germany)
Global (as at September 2020): 78 Hotels, 19,559 Rooms, 9 Countries – Germany, USA, UK, Poland, Austria, Netherlands, France, Belgium, Spain. 37 Brands. See portfolio.
Union Investment is a leading European investment manager in the hotel real estate market. Currently, Union Investment holds 78 hotel property assets in an actively managed portfolio and are also pursuing a growth strategy outside Europe. The hotel properties and development projects held by Union Investment have a total value of EUR 6.1 billion (including mixed-use with hotel usage). On the acquisitions side, they hold a broad range of funds with a key focus on hotels. These include open-ended real estate funds for private or institutional investors and special funds. They work with 37 high-profile hotel brands around the world, from the budget to upscale segment. UII Hotel Nr. 1, a dedicated special fund exclusively for hotel properties, was established in 2013 and targets the fast-growing budget and mid-range hotel segments.