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Groupe Ferré Hôtels acquires Alliance Hospitality

Ferré Hôtels has just acquired Alliance Hospitality from the Groupe LFPI. The latter will continue to manage the portfolio of hotel assets, only ownership will be transferred to Groupe Ferré Hôtels, which thereby becomes the new shareholder to of Alliance Hospitality.

Alliance Hospitality's portfolio includes a total of twelve hotels for 1,911 rooms. The properties are operated under the franchise of major groups, namely Accor, IHG, Best Western and Louvre Hotels. Most of them are urban properties and eleven of them are in Paris, the Ile-de-France region or French metropolitan areas. The last asset, focused on thalassotherapy, is located on the Atlantic in Pornic, in the department of the Loire-Atlantique. The Groupe LFPI purchased this portfolio in 2015 from Lone Star. It thus managed the properties through the entity of LFPI Hotels Management.

The group from Rennes Ferré Hotels is one of the leading Europe's leading independent and franchised hoteliers. It is positioned with entry range assets (two star) and upscale (five star) properties. It owns both real estate and business entities.

The Groupe LFPI is an asset management company that acts in several areas, meaning capital investment (historic core business), co-investment, debt, asset management and real estate activities. In asset management, LFPI, which is also an historic majority shareholder in Timhotel, is positioned on markets in Europe, North America and Africa.

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