Turnover: 76.74 million EUR (2020)
Country: France
Louvre Hotels Group (ex-Groupe Envergure and ex-Louvre Hôtels) is a French hotel group that owns, manages and franchises hotels.
France's second-largest hotel group
In , the Chinese group Jin Jiang International, 2ᵉ global hotel group, acquired the activities of Louvre Hotels Group.
The group now has more than 1,200 hotels in some 50 countries, including around 800 in France alone for the economy and mid-range offer, with the following brands: 1ère classe, Kyriad, Campanile, Tulip Inn, or Golden Tulip and Royal Tulip for the high-end.
News
A new boss and a new start for Louvre Hotels Group 11/05/2023
- LHG (Louvre Hotels Group) is France's number 2 hotel group, a subsidiary of the Chinese conglomerate Jin Jiang.
- Jin Jiang is the world's number 2 in the hotel sector (1.2 million rooms under its brands for just over 12,000 hotels, according to MKG).
- Popular LHG brands in France: Première Classe, Campanile, and Kyriad.
- LHG absorbed the Dutch Golden Tulip in 2009.
- The Campanile brand has 65 units in China, with a further 47 announced.
- LHG boasts over 500 hotels in operation in China.
- The group acquired the Indian hotel operator Sarovar and continued to distribute the Golden Tulip brand.
- LHG has around 1,700 hotels in some 60 countries.
- In 2017, LHG acquired a "majority stake" in the French network of independent hoteliers Hôtels & Préférence.
- Radisson Hotel Group represents 1,100 hotels and over 200,000 rooms in operation and under development.
- Jin Jiang has been Accor's largest shareholder since 2016 (12.92% of share capital and 16.82% of voting rights at December 31, 2022).
Financial Data
DUNS: 309071942
Legal Name: LOUVRE HOTELS GROUP
Address: 1 PL DES DEGRES TOUR VOLTAIRE, 92800 PUTEAUX
Number of employees: Entre 250 et 499 salariés (2019)
Capital: 117 624 016
Financial Data:
| Year | Turnover (€) | Net Profit (€) | Fiscal Year End | Fiscal Year Duration |
|---|---|---|---|---|
| 2020 | 76 738 820 EUR | -46 899 547 EUR | 31/12/2020 | 12 |
| 2019 | 139 882 149 EUR | 39 046 166 EUR | 31/12/2019 | 12 |
| 2018 | 136 224 774 EUR | 23 245 436 EUR | 31/12/2018 | 12 |
| 2017 | 132 664 090 EUR | 32 003 991 EUR | 31/12/2017 | 12 |
| 2016 | 127 931 789 EUR | 20 722 322 EUR | 31/12/2016 | 12 |
| 2015 | 125 252 566 EUR | 19 401 548 EUR | 30/06/2015 | 12 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Frédéric | ROULOT | 62 | |
| Directeur général | Gengyun | AI | 53 |
Studies mentioning this company
The hotel market - France
Other companies mentioned:
- Accor Hotels
- Intercontinental Hotels Group
- Louvre Hôtels Groupe
- B&B Hotels
- Hotels Balladins
- Best Western France
- Fast Hotel
- Booking.com
- Egencia France
- Amadeus
- Cepton - Vintura International
- Ibis hotel (Accor groupe)
- Radisson Hotels
- Marriott
- Logis Hotel
- Relais & Chateau
- The Originals Hotels
- Adagio Aparthotel
- Mercure (Accor groupe)
- Novotel (Accor Groupe)
- Campanile (Louvre Groupe)
- Kyriad (Louvre Groupe)
- Sofitel (Accor)
- Passman
The luxury hotel market - France
Other companies mentioned:
- Accor Hotels
- Intercontinental Hotels Group
- Barrière Groupe
- Booking.com
- Egencia France
- Relais & Chateau
- Radisson Hotels
- The Originals Hotels
- Logis Hotel
- Mandarin Oriental
- Peninsula Hotels
- Four Seasons Hotels and Resorts
- Louvre Hôtels Groupe
- Sofitel (Accor)
- Le Shangrila Hotel Paris
- Oetker Collection
- The Leading Hotels of the World
- Kempinski Hotels
- Tiara Hotels & Resorts
- Marriott
- Hilton Hôtels
- Domaines de Fontenille
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