Location: Vineuil-Saint-Firmin, Close to Chantilly, Parc Oise-Pays de France, 30 Minutes Drive North of Charles de Gaulle Airport, Paris, France
Name: Hyatt Regency Chantilly
Guide Price: Around €60m – Well Below it’s True Value of €150m!
No. of Keys: 211
The Opportunity: To acquire this countryside hotel, close to Paris’ main airport – CDG, which sadly went in receivership earlier in 2021.
At least we believe the operator went into receivership, which leaves the property asset still available….not 100% sure how that leaves the Hyatt agreement
The property offers luxury Services and amenities as below
• 211 keys, including 14 suites
• 1,200 sqm full-service spa, with pool
• 24-hour fitness center
• Restaurants – CRAFT, a gourmet market relaxed style; NORTH – fine dining;
• Bar/lounge – The Conde
• Snack bar
• Room service
• 1,500 sqm conference center with 10 meeting room
The hotel is located at Chantilly District, Chantilly Racecourse is 5 minutes driving distance from the hotel, whilst Parc Asterix Amusement Park is 15 minutes away. The nearest airport is Paris, Charles de Gaulle Airport, is 30 minutes away from the hotel and Paris is 50 minutes driving.
The hotel opened in October 2018, after a 13 year development period…and was developed and opened by Hospitality Management Chantilly, a privately held company holding the goodwill with shared interest by Arthur Bras Group and PJVHC.
Arthur Bras had built a solid reputation in the construction and renovation of individual pavilions. For more than thirty years, Arthur Bras has specialized in the real estate development and realization of luxury residences in the Chantilly region and surroundings.
Main Picture: The Hyatt Regency at Chantilly
Current Owner: The hotel is in receivership, and we are in touch with the legal firm handling the sale
Flag and Management: Free to new owner.
Financials: Full details available upon LOI/EOI
Agent: None…. THPT is in touch with the receivers. We would need to be retained by the buyer.
Guide Price: Around €60m
Guide Price per Key: €285k
Date Posted: July 2021
THPT Comment: A unique opportunity for the acquisition of a trophy hotel at 60% off from the asset value, with Hyatt branding, with an excellent location in the French countryside, next to Paris CDG. Please see our opening paragraph.
Contact us for further information
This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.