France: Hospitality group Accor has signed a deal with private equity firm EXTENDAM to open a 209-room TRIBE hotel in Paris’ Python-Duvernois redevelopment project in the 20th arrondissement.
Expected to open in 2028, the hotel forms part of a low-carbon mixed-use development spanning 100,000 square metres, combining residential units, offices, retail spaces, upgraded public facilities and a new 3.3-hectare park.
TRIBE Paris Python-Duvernois will include communal areas, F&B, coworking spaces, a fitness centre and meeting facilities. The hotel aims to achieve the BREEAM Excellent certification.
Philippe Bijaoui, chief development officer for Accor, premium, midscale and economy, Europe & North Africa, said: “This project is particularly close to our heart as it fully embodies Accor’s vision of more sustainable and responsible hospitality. With low-carbon construction credentials, it reflects our commitment to reducing the environmental footprint of the hotel industry. Our brand TRIBE will illustrate that well. With modern amenities and vibrant social spaces open to its neighbourhood, this hotel will be much more than a place to stay, it will actively contribute to its entire local ecosystem.”
The hotel will mark EXTENDAM‘s fourth TRIBE property.
Cécile Leclerc and Alexandre Guérin, head of ESG and investment manager at EXTENDAM, added: “Hotel demand in Paris remains robust, against a backdrop of structurally constrained supply and limited transaction volumes. This project represents a rare opportunity to expand local lodging capacity while supporting the district’s demographic and economic momentum. It fully aligns with our responsible hotel investment approach and our environmental, social and governance (ESG) strategy. We are also delighted to further strengthen our partnership with Accor through this landmark development.”
Highlights:
- Accor has partnered with EXTENDAM to develop a 209-room TRIBE hotel in Paris, expanding the lifestyle brand within a major mixed-use urban regeneration project.
- The Python-Duvernois redevelopment in Paris will span 100,000 square metres of low-carbon real estate including housing, offices, retail and a 3.3-hectare public park.
- TRIBE Paris Python-Duvernois is scheduled to open in 2028 with coworking areas, food and beverage outlets, meeting facilities and a fitness centre.
- EXTENDAM will add the project as its fourth TRIBE-branded property.
