• Campanile deal for Ukraine

Groupe du Louvre has signed an agreement with Universal Development and Construction Holding for at least six new Campanile hotels in Ukraine.

The partnership, which will invest Eu54m over two years, marks Groupe du Louvre’s debut in the country. Universal Development CEO Leonid Bogdanov said: "The hotel market is severely under-supplied when compared with our neighbours in Eastern Europe, and we are confident that this new brand will be well received."

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