Aéroports de Paris, as the owner and developer of the land, and Accor Group, through its real estate asset management division, HotelInvest, have signed building leases at Paris-Orly Airport, in the Cœur d'Orly district.
The three leases cover the extension of the existing ibis hotel (to be completed at 2016) and the construction of two new hotels: an ibis budget hotel and a Novotel (due to open in 2016 and 2017, respectively).
According to François Cangardel, Aéroports de Paris Real Estate Director: "Paris-Orly Airport has become a very important business hub in the heart of southern Paris. The significant modernisation work currently under way will change the appearance of the airport, making it more welcoming, especially through the construction of a junction building between the south and west terminal. At the same time, construction work has started on the first office building in Cœur d'Orly, an eco-friendly business district, one of the elements of which is the development of a 35,000 sqm hotel complex that will provide space for the development of Accor Group hotels.
According to François Cangardel, Aéroports de Paris Real Estate Director: "Paris-Orly Airport has become a very important business hub in the heart of southern Paris. The significant modernisation work currently under way will change the appearance of the airport, making it more welcoming, especially through the construction of a junction building between the south and west terminal. At the same time, construction work has started on the first office building in Cœur d'Orly, an eco-friendly business district, one of the elements of which is the development of a 35,000 sqm hotel complex that will provide space for the development of Accor Group hotels.