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Transactions - MARCH 4, 2024

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Korean investor buys Hotel Dame Des Arts in Paris

by Andrea Zander

CBRE has advised on the purchase of Hotel Dame Des Arts in Saint Germain-des-Pres, Paris, on behalf of Sono Hospitality BV, the European arm of Sono International from Korea, for an undisclosed price.

The 109-bed upscale hotel opened its doors in early 2023 following an extensive renovation. It has since achieved a number of accolades, including the Conde Nast Readers’ Choice Awards top 20 hotels in Paris last year.

The hotel benefits from a 360-degree rooftop, offering unobstructed views of the most iconic landmarks of Paris including the Eiffel Tower and the Pantheon, and is within walking distance of the Notre Dame de Paris Cathedral and Louvre Museum.

“We are excited to continue with our global expansion plans and to debut in Europe in one of the most exciting global cities of the world,” said Sangkil Park, managing director of Sono Hospitality B.V. “We would like to express our thanks to CBRE, K&L Gates, Deloitte, EY, Desfilis and Attal & As

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