Date: June 2018
Location: Place de la Madeleine, Paris, France
Name: Fauchon L’Hotel Paris – opening September 2018 – five star
No. of Keys: 54
Seller: Next door to the Fauchon store opened in 1886
Buyer: Fauchon Hospitality was created earlier this year and is headed up by Jacques-Olivier Chauvin. Chauvin, who has been CEO of Relais & Châteaux, and SVP at Van Cleef & Arpels, is spearheading the effort to leverage the brand’s 130-year-old legacy as innovators of fine Parisian gastronomy to create a domain of service excellence, decadent gourmet cuisine, luxurious five-star hospitality, and tailor-made local experiences.
This will be the company’s first luxury boutique hotel. The hotel was designed by acclaimed architect Richard Martinet and is already a member of The Leading Hotels of the World.
According to Chauvin, “The strategy is to establish a portfolio of Fauchon L’Hotel branded properties, with a goal of 20 hotels over the next decade.
With Fauchon’s legacy in all aspects of the culinary industry, it is a natural next step to open our own hotels. It has been essential for us to define a concept that truly sets us apart, so we are not just another hotel brand.“
Fauchon Hospitality’s EVP and General Manager Samy Vischel said: “We are currently in advanced discussions for a hotel in Doha, Qatar and Kyoto, Japan, as well as with a top European player. We are in contact with a major US operating company regarding expansion in the US.”
THPT Comment: Good to see another high-end consumer brand – food this time, (founded in 1886) with big ambitions to enter the hospitality industry
First Seen: Europe Real Estate
