Louvre Hotels Group to spend $212 million on Europe expansion

09/10/2013 | HotelsMag.com (free registration)

Louvre Hotels Group is looking to build 26 new hotels throughout Europe by 2020 through a new partnership with consulting firm Redserve and developer Arcus Bauerrichtung GmbH. The partnership plans to invest $212 million in development in Austria, Germany and Switzerland. The partnership includes the creation of Tulip Inn Alp Style, a new sub-brand of Tulip Inn. It will tout sustainable amenities with a traditional Alpine ambiance.

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