Summer Hotels Accelerates Expansion on the French Riviera After Opening Its Capital to Investors


Summer Hotels accélère son expansion sur la Côte d’Azur, Depositphotos.com  Auteur nito103

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The pace of external growth is accelerating for Summer Hotels.

On Thursday, July 9, 2026, Summer Hotels officially announced the acquisition of the Best Western Plus Hotel Cosy Nice, a four-star property ideally located. This operation marks the very first tangible milestone of the growth plan announced earlier in the year, during the fundraising conducted with Bpifrance, Sofipaca (Groupe Crédit Agricole) and BNP Paribas Développement.

Thanks to this integration, the operator now anticipates revenue exceeding €42 million excluding tax for the entirety of 2026, which represents a 15% growth compared with the 2025 financial year.


A strengthened presence in the heart of Nice

Ideally located in the immediate vicinity of Nice-Ville railway station, Avenue Jean Médecin and tram lines, while only a few minutes’ walk from the famous Promenade des Anglais, the property benefits from a premier location.

It is perfectly sized to attract a dual business and leisure clientele, thanks to its 42 rooms, its seminar spaces, and its services tailored to both French and international travelers.

This operation strengthens Summer Hotels’ footprint in Nice, which becomes its main hub of activity with now eight hotels in operation. True to its operating model, the group’s management plans to progressively support the property to optimize its commercial potential and its operational management.


New opportunities already under study in the PACA region

This transaction marks only a step in the long-term expansion plan driven by the leadership. The equity infusion raised in the first quarter was precisely aimed at equipping the company with the resources needed to swiftly seize opportunities in the Côte d’Azur market.

The group confirms that other acquisition dossiers are currently under study in Provence-Alpes-Côte d’Azur to continue strengthening its position among the region’s leading hotel players.

In a joint statement, Laurent Rossi and Audrey Denis, Chief Executive Officers of Summer Hotels, reaffirmed this ambition:« We had announced at the beginning of the year our intention to accelerate our development through the strengthening of our equity. This acquisition shows that this approach is already underway. The Cosy Nice hotel is a perfectly complementary addition to our portfolio, and we are actively pursuing the study of new opportunities to sustainably support the group’s growth. »

Zimbabwe: Hyatt Announces Grand Hyatt Victoria Falls Opening at The Kingdom


Le Grand Hyatt Victoria Falls The Kingdom est l'établissement plus proche de l'entrée du parc national des chutes Victoria du côté zimbabwéen - Depositphotos.com, dtemps

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The Hyatt group is preparing to open the Grand Hyatt Victoria Falls The Kingdom in Zimbabwe by the end of 2027.

This property will undergo a complete renovation to meet Grand Hyatt brand standards.

Ideally situated five minutes on foot from the tropical rainforest surrounding Victoria Falls, the hotel will form the second site of the company in the country.

Originally built in 1966 and redesigned in 1999, this iconic resort is embarking on a global transformation of its architecture and interior décor.

The management agreement signed between a Hyatt subsidiary and Albwardy Investments aims to reinvent this benchmark of African hospitality into a high-end destination.

From its inauguration under the new banner, World of Hyatt members will be able to accumulate and redeem their benefits during their stays.


A Renovation Project and a Strategic Location for Regional Tourism

Upon reopening, the Grand Hyatt Victoria Falls The Kingdom will offer 245 fully redesigned rooms.

The facilities will also include 1,800 square meters of space dedicated to meetings and receptions, three restaurants, a spa, a fitness center, and a large lounge-hall.

Moreover, the hotel benefits from a prime location in the heart of Victoria Falls, a UNESCO World Heritage Site.

Positioned as the closest property to the entrance of the Victoria Falls National Park on the Zimbabwean side, it is also a 20-minute drive from the international airport. This geographic setting will facilitate visitors’ access to regional safari circuits, cultural activities, and local gastronomic experiences.