Courbet Heritage

Courbet Heritage

EEURONEXT:MLOTT
1.30
EUR
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Jean-François Laurent Ott
Sector
Finance
Industry
Financial conglomerates
Address
Paris France
IPO Date
Sep 24, 1990
Business
Courbet Heritage (also operating as OTT Heritage Hospitality) is a French real estate investment, asset development, and hospitality management company specialized in the acquisition, restoration, and repositioning of premium tourist accommodation and heritage properties. The company operates through core business segments encompassing Real Estate Investment and Development, Hospitality Asset Management, and Strategic Capital Solutions; providing end-to-end property redevelopment and modernization services; luxury hotel asset repositioning and architectural restoration; long-term hospitality property leasing and asset holding; operational management and co-management in partnership with international hotel operators; development of hospitality training and education infrastructure; and portfolio debt and equity capital structuring. Its property and project portfolio includes luxury and historical accommodation assets across key leisure and cultural destinations, including properties in Paris, Cannes, Grasse, Lourdes, and Magny-Cours in France, alongside international assets and representative operations in Prague, Czech Republic, London, United Kingdom, and Austin, Texas, United States. In recent developments, the company initiated a comprehensive corporate rebranding from Courbet Héritage to OTT Heritage Hospitality to reflect its strategic focus on high-end hospitality real estate under the leadership of majority shareholder OTT Heritage, the holding entity controlled by real estate entrepreneur Jean-François Ott. The company acquired the historic Hotel Victoria in Grasse to develop it into the city's first ultra-luxury boutique hotel, executed a Letter of Intent to establish an international hospitality management campus in Cannes, secured a 24 million euro senior debt refinancing for The Mozart Prague luxury hotel asset, and entered into strategic merger and business combination negotiations with travel-tech company MyHotelMatch to expand its integrated hospitality and leisure offerings. Founded in 1955, Courbet Heritage is headquartered in Paris, France, and trades on the Euronext Access Paris exchange under the ticker symbol MLCOU (ISIN: FR0004998318, formerly referenced under ticker MLOTT).