Groupe du Louvre is a French company, headquartered in Village 5,
La Défense
La Défense () is a major business district in France, located west of the city limits of Paris. It is part of the Paris metropolitan area in the Île-de-France region, located in the department of Hauts-de-Seine in the communes of Courbevoie, ...
in
Nanterre
Nanterre (, ) is the prefecture of the Hauts-de-Seine department in the western suburbs of Paris. It is located some northwest of the centre of Paris. In 2018, the commune had a population of 96,807.
The eastern part of Nanterre, bordering t ...
,
France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...
. Groupe du Louvre and Louvre Hotels Group was sold to
Shanghai Jin Jiang International Hotels Development Co., Ltd. in 2015. The company was owned by the American investment company
Starwood Capital Group
Starwood Capital Group is an investment firm headquartered in Miami Beach, Florida. It is managed by Barry Sternlicht. It was co-founded by Sternlicht and Robert Faith in 1991. In 1993, Faith left Starwood to found Greystar Real Estate Partners ...
, following its earlier purchase of Société du Louvre in December 2005. The range of hotel brands was extended in 2009 with the purchase of Golden Tulip Hospitality Group.
Hospitality
Louvre Group owns the European hotel brands Première Classe (1 star), Campanile (2-3 stars), Kyriad (2-3 stars), Kyriad Prestige (3 stars), Tulip Inn (3 stars),
Golden Tulip
Groupe du Louvre is a French company, headquartered in Village 5, La Défense in Nanterre, France. Groupe du Louvre and Louvre Hotels Group was sold to Shanghai Jin Jiang International Hotels Development Co., Ltd. in 2015. The company was owned ...
(4 stars), and Royal Tulip (5 stars). Since 2009, the Golden Tulip hotels were integrated into the group following their purchase of Golden Tulip Hospitality Group from administration by Starwood Capital.
The luxury hotels division (previously known as Société du Louvre) can trace its origins to a company founded on 26 March 1855 to operate Les Galeries du Louvre, later
Grands Magasins du Louvre, a department store and the
Grand Hôtel du Louvre
Grand may refer to:
People with the name
* Grand (surname)
* Grand L. Bush (born 1955), American actor
* Grand Mixer DXT, American turntablist
* Grand Puba (born 1966), American rapper
Places
* Grand, Oklahoma
* Grand, Vosges, village and co ...
. These shared a large building on the Place du Palais Royal in Paris, France.
The division is managed by the Societe Concorde Management Company, a subsidiary of the group trading under the Concorde Hotels & Resorts brand, with locations around the world.
The group previously owned the Paris
Hôtel de Crillon
Hôtel de Crillon, A Rosewood Hotel () is a historic luxury hotel in Paris which opened in 1909 in a building dating to 1758. Located at the foot of the Champs-Élysées, the Crillon, along with the Hôtel de la Marine, is one of two identical st ...
but sold it at the end of 2010.
Products
The group is the majority shareholder of
Baccarat
Baccarat or baccara (; ) is a card game played at casinos. It is a comparing card game played between two hands, the "player" and the "banker". Each baccarat coup (round of play) has three possible outcomes: "player" (player has the higher score ...
, a crystal manufacturer. Starwood Capital, through its subsidiary SH Group has launched the luxury Baccarat Hotels.
The company sold the perfume firm
Annick Goutal Annick may refer to:
* Alnwick, Northumberland, England (pronounced "Annick")
*, a coaster (ship) in service with J Campbell Ltd, Irvine, 1947-54
* Annick Horiuchi, French historian of mathematics
* Annick Loiseau (born 1957), French physicist
*Anni ...
to the South Korean giant Amore Pacific in 2011.
References
External links
Group du Louvre*
{{Authority control
Companies based in Île-de-France
Hospitality companies of France
Louvre Hotels