Henderson Park acquired a portfolio of five Novotel Suites hotels in France in partnership with asset management firm Atream.

The deal adds 645 rooms to the private equity real estate firm’s growing hospitality portfolio, reinforcing its presence in key European markets.

The hotels, built between 2000 and 2011, are located in Paris – Issy-les-Moulineaux, Paris – Montreuil, Paris – Saint-Denis, Lille, and Cannes. While they have performed well operationally, they have seen limited investment due to their fragmented ownership structures. Henderson Park plans to renovate guest rooms, upgrade public areas, and modernise technical equipment to improve energy efficiency and operational cost savings in line with Paris Agreement targets.

Accor, the multinational hospitality group, will continue managing the properties under newly signed agreements. Henderson Park, which now holds over 11,000 hotel rooms across Europe and the U.S., sees the hospitality sector as a key investment focus.

Christophe Kuhbier, Head of Investments, Europe, at Henderson Park, highlighted the sector’s strong recovery since the pandemic, driven by increasing traveller numbers and higher visitor spending. He emphasised that France, as the world’s top international travel destination, presents a compelling market for further investment.