Le Méridien Montparnasse sells, reflags as Pullman hotel

PARIS The 953-key Le Méridien Montparnasse Hotel Paris has been sold and will be rebranded under Accor’s Pullman brand.

The property’s existing freeholder, Unibail-Rodamco, has acquired the leasehold interest from Starman, a joint venture company of Starwood Capital and Lehman Brothers. Terms of the transaction have not been disclosed.

Accor has taken over management of the 4-star hotel, which is now called Pullman Paris Montparnasse. The 33-story hotel is the second largest in Paris and is one of the largest conference hotels in Europe, with 4,600 sq. m of meeting space.

Le Meridien Montparnasse is a 33-storey four-star hotel and, with 953 rooms and 4,600 sq m of meeting space, is the second largest hotel in Paris and one of Europe’s largest conference hotels.

HVS Hodges Ward Elliott advised on the transaction.