on HOTELS DE PARIS (EPA:HDP)
Hotels in Paris: towards an exit from receivership
Hotels de Paris, hit hard by the health crisis and burdened by a substantial debt, was forced to resort to a safeguard procedure in early 2022, followed by a receivership in April 2024. Today, the company is in advanced discussions with a financial partner. This potential agreement could allow Hotels de Paris to quickly emerge from this difficult situation.
The financial support envisaged also aims to revitalize the company. This would involve repositioning five hotels and launching two new concepts. These initiatives aim to stimulate growth and strengthen the company's position in the market.
Hotels de Paris is committed to keeping the market informed as soon as the agreement is finalized, emphasizing the importance of this step for its future.
R. E.
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