L Catterton and Cedar Capital lay the groundwork for a new luxury hotel empire

L Catterton Real Estate is partnering with Cedar Capital Partners to establish a new investment platform focused on the luxury hotel sector.

 

With the support of LVMH, the simultaneous acquisition of two major assets—the prestigious Penha Longa Resort in Portugal and the Garden Beach Hotel in the south of France—marks the starting point of an ambitious international strategy.

 

A structured push into the global luxury market

 

L Catterton Real Estate and Cedar Capital Partners have formalized the creation of a strategic joint venture focused on the high-end hospitality sector to build an investment platform capable of establishing itself as a leading player in Europe and North America.

 

The strategy is based on a “value-add” approach, which involves acquiring luxury hotels and then transforming and repositioning them to significantly increase their value. This focus responds to a structural market dynamic characterized by strong growth in demand for high-end tourism and a persistent imbalance between supply and demand in this segment.

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Read also > Eurazeo sells its stake in perfume maker Ex Nihilo to L Catterton

 

Featured photo : © Penha Longa

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Anthony Conan
Graduated as a multimedia journalist in 2019, Anthony Conan has multiplied his experiences, notably as an editorial assistant at TF1 and as a radio journalist at RCF Bordeaux. He specializes in video editing in addition to writing, and has developed a particular interest in economics.

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