Zara owner buys Paris hotel for €97 million
🏨 Amancio Ortega's investment firm, Pontegadea, is set to renovate the historic Hotel Banke in Paris, near the Opéra Garnier, transforming it into a Radisson Collection property by 2027. This aligns with Ortega’s strategy to invest in prime European locations like London and Barcelona. Meanwhile, Radisson Hotel Group expands in France with new hotels in Montpellier, Reims, and Paris, including a 144-room Radisson Blu in Montpellier. Radisson Hotel Group currently offers 97 job opportunities.
Share
