EP.5 - Créer le leader européen de l'investissement hôtelier et gérer plus de 350 hôtels - JM Palhon

This week, Lauren Dannay invites you to delve into the upper echelons of hotel investment with a very special guest 🤩 🏢🎙️ At the highest levels, institutional funds (or "Instits" for those in the know 😎) are often represented by glossy brochures showcasing investment strategies and impressive figures. 📊 But behind these facades, there are men and women who build, manage, and embody a strong and decisive vision for the success of their investments. 👉 Jean-Marc Palhon is President of Extendam, the leading hotel investment fund in the European market. He has built a veritable empire that now boasts over 350 hotels in its portfolio, focusing on a specific segment: budget and mid-range hotels. He opens the doors to his world with candor and passion during an interview that is as fascinating as it is insightful. A high-flying professional, Jean-Marc Palhon is also a passionate entrepreneur. For him, passion isn't just a superlative: it's a driving force for performance and commitment that allows him to unite his teams and build a solid project. Extendam is: 🏨 More than 350 hotels in Europe 💰 More than €4 billion in assets under management 🤝 A close-knit team of around fifty employees 🎯 A unique focus on budget and mid-range hotels Jean-Marc is a discreet leader whose impact is felt in every project. 💡 Investing in the hotel industry is both a game of numbers and conviction. “A numbers game,” he says, but above all, a human adventure with his team, of which he is proud. With pragmatism and passion, Jean-Marc shares his convictions and ambitions for Extendam, while offering his expert advice on how to approach this complex asset class that combines real estate and commercial operations. 👉 Don't miss this insightful episode, in which you will discover: 🔵 Jean-Marc's career path and the creation of Extendam**: From accounting to private equity, then the creation of a fund dedicated to the hotel industry. 🔵 Specialization in hotel investment: A unique positioning in the budget and mid-range segments in Europe. 🔵 Extendam's Growth Strategy: Geographic expansion and asset selection criteria 🔵 Its Investment Approach: Consulting, cycle analysis, and risk management in the hotel sector 🔵 Leadership and Team: The importance of a cohesive team and its passion for Extendam's development. ❤️ And for those who are late to the party: the Kapi.club waiting list is still open for a few more days. We're waiting for you to join the first investment club that will allow you to meet and invest alongside top real estate professionals 🔥 00:00 Introduction 02:40 - His early career: from accounting to the world of Private Equity 04:40 - The creation of an investment fund 6:30 - From a generalist SME fund to the creation of a hotel fund: Extendam 10:00 - Extendam's specialization in the hotel investment market 12:50 - What are the key reflexes to have as an investor? 15:05 - The Extendam model 18:45 - Their geographic strategy and European development 20:20 - The advantages of investing in hotels: buildings and operations 22:05 - His relationship with Real Estate 25:45 - His most significant case 28:20 - Cycles in the hotel industry 30:30 - Hotel occupancy rates 35:30 - What is the target return on a hotel investment? 39:15 - The Extendam team 41:00 - His passion for his work 43:10 - His ambitions 45:00 - Outro