citizenM check in at Paris-Charles de Gaulle Airport
The hotel will be directly connected to the Paris-Charles de Gaulle’s terminals through the free CDGVal, airport shuttle, as well as to the RER station (with trains to central Paris).
The hotel will comprise 230 stylish guestrooms, as well as citizenM’s signature food & beverage concept ‘canteenM’ and Vitra furnished ‘living rooms’. The hotel is planned to open in early 2014.
citizenM’s chairman Rattan Chadha said: “We are extremely excited with the addition of our first site in Paris to our development portfolio. With this acquisition we are one step closer to creating a chain of luxury contemporary hotels for the cost conscious traveller in major cities around the world. We are continuously searching for more sites on ‘A’ locations in Paris”.
François Cangardel, Real Estate Manager at Aéroports de Paris: “The opening of a new hotel at Paris-Charles de Gaulle is in line with Aéroports de Paris strategy which intents to develop the hotel accommodation offer in the immediate vicinity of our airports. We also aim at strengthening the existing offer with new hotel concepts. The partnership with citizenM, which offers a unique and innovative concept, meets our expectations and should be attractive to many of our customers.”
citizenM currently operates three hotels, at Schiphol Airport, at Amsterdam’s city centre and in the city centre of Glasgow. The opening of the site in Paris brings the company’s development portfolio to seven additional hotels, including two projects in New York City (at Times Square and in Soho/Lower East Side), three projects in London (near Tate Modern in the booming Bankside area, opposite the Tower of London and near St. Paul’s Cathedral) and a project in Rotterdam.
The expansion strategy of citizenM is to develop and invest in citizenM hotels on prime city centre locations (and terminal-connected airport sites) in metropolitan cities only, such as Paris, London,
New York, Amsterdam, Hong Kong, and Shanghai.
citizenM’s acquisition & investment team is in the process of acquiring additional development projects in Paris, and is actively looking for new development opportunities. These can be new buildings, part of mixed-use developments or redevelopments of existing structures. The hotels require a total floor area of approximately 3,500 to 8,000 square meters.
