Louvre Hotels is looking forward to major expansion in German-speaking countries. The French hotel group recently signed an agreement with German property developer Arcus, under which it plans to develop 26 co-branded hotels in Germany, Switzerland and Austria by 2020. The investment is estimated at €160 million, and will include the creation of the "Tulip Inn Alp Style" banner: a new brand inspired by the "warm atmosphere of the mountains", with hotels featuring 16.5 m² rooms equipped with high technology, free wi-fi and films, and meeting rooms equipped with video-conferencing facilities.
