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m.welsch1

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A strategic appointment to drive D-EDGE’s next phase of transformation

💼 Stéphanie Cabassu joins D-EDGE's Executive Committee in Paris, overseeing strategic transformation, governance, and operational efficiency. D-EDGE employs 550+ staff and supports 17,000 clients globally. Stéphanie, with 20+ years of expertise, previously served as CFO at Sephora and led transformation projects in Europe. Her role emphasizes simplifying hotel operations via D-EDGE's integrated platform, supporting international growth and consolidating its leadership in Europe and Asia.
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Between modernization and expansion, Four Seasons reshapes its footprint across EMEA

🏠 Four Seasons is expanding in the Middle East and Europe, with new projects in Saudi Arabia, including the Four Seasons Resort Red Sea and the AMAALA development. In Europe, they are revamping the Hotel George V in Paris, Hotel Danieli in Venice, and the Hotel Milano. The brand plans luxury yachts with 95 suites by 2026 and continues its Private Jet Experience with trips of 21-23 days. This growth emphasizes sustainable and premium hospitality.
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Booking Holdings leverages technology to sustain growth

💸 July-September 2025: Booking Holdings reports USD 49.7 billion in gross bookings (+14%) and USD 9 billion in revenue (+13%). Adjusted earnings per share hit USD 99.50. CEO Glenn Fogel highlights an 8% room night growth and partnerships, including AI integration with OpenAI's ChatGPT. U.S. and Asia drive growth. CFO Ewout Steenbergen notes higher conversion rates from AI. Despite uncertainties, travel demand remains strong as Booking diversifies and invests in AI.
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Essendi refocuses its hotel portfolio to strengthen its European footprint

📈 Essendi, a prominent hospitality company, sold five hotels in Buenos Aires and Mendoza to ISWM as part of its 2021 asset management strategy to focus on Europe. Now, 96% of Essendi’s portfolio is European. This move emphasizes profitability in the economy and midscale sectors. Despite the divestment, Essendi retains assets in Chile, Colombia, Mexico, and Peru, with ongoing investment reviews, suggesting further portfolio optimization in Latin America.
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When a global fund turns its attention to Marseille

🏨 The European Hotel Fund acquired the 189-room Radisson Blu Marseille from Union Investment, marking its first French entry. The hotel, located in the Old Port, was renovated in 2024 with sustainable upgrades, achieving a BREEAM Very Good certification. It features 700 sqm of event space and operates under a long-term lease with Radisson, enhancing rental stability. This acquisition expands the fund's portfolio to eleven hotels across Europe, offering long-term growth in Marseille's economic hub.
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