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Hotusa Group strengthens its presence in France
The Hotusa Group has gained ownership of Elysées West Hotels, a chain of independent hotels with 92 associated establishments in France. This operation permits the Spanish consortium to take another step ahead in its international expansion plans with the acquisition of one of the major voluntary chains on French soil, thus providing the French chain with greater distribution force, in addition to one of the most powerful technological and operational tools possessed by the top ranking chain of independent hotels in Europe.

This being the case, upon finalisation of the deal, the Hotusa Group Chairman, Amancio López Seijas, highlighted the fact that: “the excellent positioning of Elysées West Hotels in the corporate segment is the perfect complement to Hotusa Hotels distribution channels in travel agencies”.

Moreover, the integration of the services of both companies conform an ideal services platform for achieving a leadership position amongst the independent hotel chains in France in the near future. With the acquisition of Elysées West Hotels, Hotusa Hotels now has over 200 establishments in that country.

López Seijas added that, “our future development plans contemplate both extending our current hotel representative companies’ portfolios (i.e. Hotusa Hotels and Keytel) as well as carrying out the acquisition of other companies in those marketplaces where our presence is not so noteworthy”.

On their side, sources from Elysées West Hotels Management Committee asserted that “this operation allows our company to consolidate its expansion process with the support of the Hotusa Group’s powerful distribution channels and GDS”.

Rania Deimezi - Friday, February 29, 2008