Minor Hotels, an international hotel owner, operator and investor with more than 540 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, South America and North America, announces its debut in the French capital with the upcoming addition of three four-star hotels. The group will launch three NH Hotels in Q1 2024, with one of the properties to be rebranded as NH Collection in 2025 following a renovation.

After a careful selection process, owning company Swiss Life Asset Managers France has chosen Minor Hotels to manage the three hotels. The addition of these properties is part of Minor Hotels' strategic growth plans to expand into key cities in Europe. The group will make its debut in Paris with the 207-key NH Paris Gare de l'Est and the 103-key NH Opera Paris Faubourg. The third property with 90 keys will open as NH Paris Champs-Elysees and will then be launched in 2025 as NH Collection following a renovation.

These three hotels, which will be refurbished, will offer travellers 400 guest rooms to enjoy the French capital, as well as a restaurant and bars to enjoy the local gastronomy. Right in the heart of the city, the hotels are located in some of the most well-known areas for shopping, dining and sightseeing, and close to the main tourist sites such as the Louvre, the national opera and the Champs-Elysees.

Our team has been searching for the right opportunities in this key market for some time, so we are pleased to announce that, together with Swiss Life AM, Minor Hotels will arrive in Paris not with one but with three hotels. We believe this is an amazing opportunity to grow with two of our brands in the second most visited city in the world and home to the 2024 Olympics.

Dillip Rajakarier, CEO of Minor Hotels and Group CEO of parent company Minor International

We are very pleased at Swiss Life Asset Managers France to develop our hospitality offering with a management agreement with the well-known international hospitality group Minor Hotels and supporting their entry into Paris, a major tourism power. We believe that our synergies will create a new offer under the NH Hotels and NH Collection brands and added value to our customers.

Johanna Capoani, Head of Hospitality, Swiss Life Asset Managers France

The three hotels in Paris will join Minor Hotels' current portfolio of six properties in the country located in Marseille, Lyon, Toulouse and Nice. Outside France, other recent openings from NH brands include NH Collection Milano CityLife in Italy, NH Collection Frankfurt Spin Tower in Germany, NH Collection Maldives Havodda Resort and NH Collection Dubai The Palm in the United Arab Emirates, representing the brand's debut in the Middle East. NH Hotels has recently seen additions in Italy, Portugal and Thailand with the launches this year of NH Milano Corso Buenos Aires, NH Marina Portimao Resort and NH Boat Lagoon Phuket Resort, the latter representing the brand's launch in Asia.

Future openings include NH Collection Helsinki Grand Hansa in Finland, NH Collection Chiang Mai in Thailand and NH Collection Luang Prabang in Laos.

About Swiss Life Asset Managers

Swiss Life Asset Managers has more than 165 years of experience in managing the assets of the Swiss Life Group. This insurance background has exerted a key influence on the investment philosophy of Swiss Life Asset Managers, which is governed by such principles as value preservation, the generation of consistent and sustainable performance and a responsible approach to risks. Swiss Life Asset Managers offers this proven approach to third-party clients in Switzerland, France, Germany, Luxembourg, the UK, Italy and the Nordic countries.

About Minor Hotels

Minor Hotels is an international hotel owner, operator, and investor currently with more than 540 hotels in operation. Minor Hotels passionately explores new possibilities in hospitality with a diverse portfolio of properties designed intelligently to appeal to different kinds of travellers, serving new passions as well as personal needs. Through our Anantara, Avani, Oaks, Tivoli, NH Collection, NH Hotels, nhow, Elewana, Marriott, Four Seasons, St. Regis, Radisson Blu and Minor International properties, Minor Hotels operates in 56 countries across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, South America and North America.

With dynamic plans to expand existing brands and explore strategic acquisitions throughout opportunistic markets, Minor Hotels pursues a vision of a more passionate and interconnected world.

Minor Hotels is part of the GHA DISCOVERY loyalty programme, enabling travellers to savour every moment at home or away, while being recognised and rewarded at participating hotels and resorts worldwide.

Marion Walsh-Hedouin

Minor

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