🇫🇷 FRANCE
🏗️ Development | Angers plans more than 230 additional hotel rooms by 2029
Three hotel projects are under consideration or construction in Angers: an 88-room property at Carré d’Orgemont, a 48-room four-star hotel on Rue des Arènes and a hotel comprising approximately 100 rooms in the former central post office. The first two projects could deliver 136 rooms as early as 2028. The third scheme, taken over by LWS Hospitality, remains dependent on securing its financing.
🤝 Investment | Cannes welcomes Qatari business delegation
On 13 October, a delegation led by the President of the Qatar Chamber of Commerce and Industry met representatives of the Provence-Alpes-Côte d’Azur regional business community at the Carlton Cannes. The meeting was organised at the initiative of Qadran, with support from risingSUD. Luxury hospitality was among the potential areas of cooperation discussed, alongside artificial intelligence, energy and healthcare. No specific hotel investment was announced.
🎤 Events | Céline Dion concerts generate estimated economic impact exceeding €700 million in Paris
According to an MKG study reported by France Inter and franceinfo, Céline Dion’s first sixteen Paris concerts are estimated to have generated more than €700 million in economic impact, attracting nearly 500,000 spectators. Hotel revenue per available room reportedly increased by an average of 34% on concert nights. Ten additional dates have been announced for May 2027, with cumulative economic benefits projected to reach €1.2 billion.
🏨 Development | Radisson Blu revives long-abandoned hotel project near Lyon
In Saint-Symphorien-d’Ozon, Radisson plans to operate the future Radisson Blu Resort & Spa Lyon Golf du Verger in 2029, reviving a development where construction had been suspended for more than a decade. The project comprises 148 rooms, an 800 sq m wellness area, 1,150 sq m of meeting and event facilities, a rooftop space and two padel courts. The redevelopment aims to combine leisure, golf and corporate meetings demand.
✨ Appointment | Agnès Razanaka moves from hospitality to Nouvelles Galeries Bron
Citynove, the property company of Galeries Lafayette Group, has appointed Agnès Razanaka to lead Nouvelles Galeries Bron, a 37,000 sq m retail development. Formerly General Manager of Silky by Happyculture and Eklo Lyon, she also oversaw the opening of Océania Lyon. Her responsibilities will focus on the opening and operation of the new retail complex, illustrating the transferability of hotel management skills to other sectors.
📈 Performance | French hotel RevPAR rises 8.1% in September
According to the October 2026 hospitality barometer published by EXTENDAM, French hotel RevPAR reached €113 in September, an increase of 8.1% year on year. Paris stood out with RevPAR of €245.80 (+11.2%), supported by major events and the return of business travel. Across Europe, RevPAR increased by 7.5% to €120.
💶 Investment | €1.9 billion invested in French hotels since January
The French hotel investment market recorded €1.9 billion in transactions during the first nine months of 2026, representing a limited year-on-year decline of 2%, according to BNP Paribas Real Estate figures cited by EXTENDAM. The number of transactions increased from 85 to 111, with deals below €20 million accounting for the majority. Paris represented 53% of total investment volumes.
🏨 Bordeaux | Hampton by Hilton Mériadeck still awaiting opening
Completed but never brought into operation, Hampton by Hilton Bordeaux Centre Mériadeck remains closed. Its original owner, property company Réaumur France, has been undergoing court-supervised restructuring proceedings since June 2025, and a sale of the asset is being considered for 2027. Hilton now indicates February 2028 as a potential opening date, although this has not been definitively confirmed.
Editor’s note: The Radisson development near Lyon and Hampton by Hilton Bordeaux Mériadeck were covered in previous editions of our global hospitality roundup. They are included here with additional information subsequently received.
🌍 INTERNATIONAL
🇪🇸 🏨 Opening | Eurostars opens new boutique hotel in San Sebastián
Eurostars Hotel Company, a subsidiary of Hotusa Group, is strengthening its presence in Spain’s Basque Country with the opening of a boutique hotel in San Sebastián. This is its third property in the region, where the group is capitalising on the destination’s appeal for tourism, gastronomy and culture. The hotel’s name and room capacity were not specified in the information provided.
🇴🇲 ✨ Appointment | Haitham Al-Taie becomes Acting CEO of Oman Airports
Haitham Al-Taie has announced his appointment as Acting Chief Executive Officer of Oman Airports. He will be responsible for supporting the airport operator’s teams and partners as they pursue its strategic priorities. The appointment is particularly relevant in a country where air connectivity is a key driver of tourism development.
🇹🇭 ✨ Appointment | Maverik Mukherjee named General Manager of Grand Mercure Bangkok Atrium
Grand Mercure Bangkok Atrium has welcomed Maverik Mukherjee as its new General Manager. With more than thirty years of hospitality experience across Thailand, India and New Zealand, he has held several senior management positions with Accor. Most recently, he served as General Manager of Pullman Khao Lak Resort.
🇪🇬 🏗️ Development | Egypt reports Africa’s largest hotel development pipeline
Ahead of Future Hospitality Summit Egypt, scheduled for 10–11 November at Sofitel Downtown Cairo Nile, organisers have highlighted a pipeline of 185 hotel projects representing 45,984 rooms in Egypt, accounting for 37.1% of Africa’s total reported pipeline. With announced year-on-year growth of 35.5%, these figures illustrate the country’s ambitions, but also the challenges associated with financing, infrastructure and the actual delivery of planned developments.
LTH Analysis
EXTENDAM’s figures point to favourable conditions for hotel operators: demand remains robust, average room rates are increasing and new hotel capacity is coming on stream more slowly. French RevPAR rose by 8.1%, while hotel investment volumes remained close to their 2025 levels.
However, the growing number of mid-sized transactions suggests a shift in acquisition strategies, with more targeted deals and fewer large-scale disposals.
Angers and Bordeaux highlight another reality: a hotel project may benefit from an attractive location without necessarily progressing quickly through the financing and opening stages.
Finally, the scale of Egypt’s development pipeline demonstrates considerable ambition. The real measure of this development will be the number of projects actually delivered and their ability to generate sustainable returns.
At a Glance
Hotel performance: French RevPAR rose by 8.1% in September 2026, while European RevPAR increased by 7.5%.Investment: French hotel transactions totalled €1.9 billion in the first nine months of 2026, across 111 deals.Development: Angers has three hotel projects under consideration or construction, with financing still required for the former central post office scheme.Leadership: Maverik Mukherjee takes over at Grand Mercure Bangkok Atrium; Haitham Al-Taie becomes Acting CEO of Oman Airports.Egypt: The country leads Africa’s reported hotel development pipeline with 185 projects and 45,984 rooms.Market outlook: Strong demand and a constrained supply pipeline continue to support hotel operating fundamentals.Industry barometer: EXTENDAM – October 2026 Hospitality Barometer.
