Otelium
Founded in 2023, Otelium focuses mainly on budget hotels (2- and 3-star) across France. The platform acquires majority ownership in hotels located in large and mid-sized cities, while keeping existing local teams to operate the properties post-renovation. Opportunistically, Otelium also acquires and develops high-potential real estate assets in unique, irreplaceable coastal locations, transforming them into 4-star hotels.
Build a profitable and attractive hotel group in France by acquiring, renovating, and operating 25+ independent 2-, 3-, and 4-star hotels across urban and coastal locations within 10 years.
Help independent hotel owners unlock the full potential of their assets through capital, strategic repositioning, and operational integration, in a sector facing financial pressure, workforce turnover, and rising guest expectations.
Key Figures
Why we invested
Hospitality is a large, resilient and highly fragmented market in France, representing around €20 billion in annual revenue. Within this space, Otelium targets two complementary segments: underperforming 2- and 3-star hotels in large and mid-sized cities, and unique coastal assets with exceptional land value, suitable for 4-star repositioning. The sector faces significant structural challenges that are accelerating consolidation, high employee turnover (particularly among frontline and seasonal staff).
