The deal involves the acquisition of hotels 'Le Berger' and 'Jardin Secret', along with two adjacent buildings that will be transformed into a hostel, reflecting a strategic investment in the growing hospitality sector.

Target Information

The deal involves the acquisition of two hotels, ‘Le Berger’ and ‘Jardin Secret’, which are prominent establishments in the hospitality sector. These hotels are strategically located, offering unique amenities and services that appeal to both domestic and international travelers. Additionally, the acquisition includes two adjacent buildings, which are set to be transformed into a modern hostel, thus enhancing the overall value and appeal of the property portfolio.

Industry Overview

The hospitality industry in the target's country has witnessed significant growth in recent years, driven by a surge in tourism and increasing consumer spending. The market has become increasingly competitive, with various operators vying for a share of the expanding market, which has resulted in diversified offerings from luxury hotels to budget accommodations.

In response to evolving consumer preferences, there has been a notable shift towards unique and experiential stays, including boutique hotels and hostels. This trend reflects tr