EXTENDAM and VICARTEM have acquired the Amiral Hotel in Nantes, planning to transform it into the Billie Hotel by 2024, with a focus on boutique luxury and sustainability.
Target Information
The Amiral Hotel, now set for a transformation, is located in the vibrant heart of Nantes. EXTENDAM and the VICARTEM group are embarking on their fourth joint venture with the acquisition of this establishment, which is poised for modernization. Under the guidance of YOUNIGHT HOSPITALITY, a subsidiary of VICARTEM, the hotel is being repositioned to cater to the 3-star boutique lifestyle segment. Upon its reopening in 2024, it will be rebranded as the Billie Hotel, promising guests an immersive experience that combines elegance with comfort, ensuring a welcoming atmosphere.
The Billie Hotel will reflect a unique and flamboyant ambiance, transporting visitors to an era reminiscent of vivacious history. With a prime location in Nantes, it aims to attract both business and leisure clients, as well as local residents, establishing itself as a premier destination.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Nantes
Nantes, a bustling metropolis, has consistently ranked among the most attractive regions in France, as highlighted in a 2021 attractiveness survey by HelloWork. The city's appeal is experiencing further growth due to ongoing developments at the TGV
Similar Deals
EXTENDAM and VICARTEM
invested in
Hôtel Amiral
in 2024
in a Other deal