Henderson Park and Atream acquire five Novotel Suites hotels in France
🏨 Henderson Park and Atream acquired a portfolio of five Novotel Suites hotels with 645 rooms in Paris (Issy-les-Moulineaux, Montreuil, Saint-Denis), Lille, and Cannes. The hotels were built between 2000 and 2011 and have been poorly invested in due to fragmented management. The acquisition included the properties and simultaneous operations transfer. Henderson Park plans a modernization program in line with the Paris Agreement goals for 2050. The hotels will continue to be managed by Accor with new contracts. This acquisition augments Henderson Park’s global portfolio, which totals over 11,000 rooms.
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