EXTENDAM successfully sold the ibis Marne-la-Vallée Champs-sur-Marne hotel, achieving a 12% internal rate of return and more than double their initial investment by modernizing the property and focusing on accommodation services.

Target Information

EXTENDAM has successfully executed the sale of the ibis Marne-la-Vallée Champs-sur-Marne hotel, marking a significant milestone for the firm. Originally acquired in 2014, this 110-room hotel, equipped with a restaurant, was strategically positioned to enhance its market appeal and profitability. The refurbishment and repositioning efforts aimed to modernize the establishment and focus operational activities on its most lucrative segment: accommodation.

Located in the heart of the main research hub in the eastern Paris region, the hotel benefits from a prime location opposite the Noisy-Champs RER A station, just 15 minutes from Paris and Disneyland, and equidistant from both Roissy and Orly airports. This advantageous positioning within the Grand Paris area is conducive to economic and mid-range hospitality, especially against a backdrop where the demand for lodging is outpacing the supply of available hotel rooms.

Industry Overview in France

The French hospitality industry has experienced significant changes over the past decade, driven by evolving consumer preferences and a growing emphasis on quality accommodations.