Global investment company Dubai Holding has taken full ownership of the iconic Westin Paris – Vendome hotel with the acquisition of Henderson Park’s stake in the property.
The hotel, with its ultra-prime location, is one of the most sought-after real estate assets in Paris, France.
Henderson Park and Dubai Holding had acquired The Westin Paris – Vendome in a joint venture back in 2018.
The Westin Paris – Vendome is an iconic property that was built in 1878 and is situated in a unique location in the heart of the busiest luxury district in Paris.
Overlooking the Jardin des Tuileries, the River Seine and the Eiffel Tower – and a few steps away from Place Vendome, Place de la Concorde, Avenue des Champs Elysees and Le Louvre Museum – the historic setting of the property offers visitors an unparalleled entry to the City of Lights.
The property occupies an area of over 32,000 square metres and houses more than 400 rooms and suites. The Westin Paris – Vendome will continue to operate in partnership with the Marriott International group, under The Westin brand and with the support of Sophos Hotel. Dubai Holding will soon begin to consider future plans for the property after the Paris Olympics in 2024.
