Sol Meliá acquires the Hotel Adagio in París

With this new incorporation, that represents an investment of 1,652 million pesetas, Sol Meliá increases their hotel range in Paris to a total of 11 establishments. According to the vicepresident of Sol Meliá, Sebastián Escarrer, "our expansion objective in France is to reach between 20 and 25 hotels in the next two years."

According to the World Tourist Organisation (OMT) Paris is the first tourist destination in the world. Of the 45 million tourists who visited France in 1998, 29 million stayed in hotels in Paris. What is more, in the first six months of 1999, the average occupation in Paris hotels was 78%, which meant an increase of 3.60% over the same period the previous year.

Sol Meliá: Press release

Date of publication: 16/12/1999

Formentera >> News >> Archive 1999-2003 >> Sol Meliá acquires the Hotel Adagio in París