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Home > Company Index > Leisure > Lodging > Société du Louvre

Société du Louvre
 PROFILE
With operations spanning economy and luxury hotels, luxury goods, and light industry, Société du Louvre offers a medley of indulgences. The second-largest hotel group in France (behind Accor), the company's collection of hotels includes more than 900 economy hotels and more than 70 luxury hotels. It also owns perfume maker Annick Goutal, printing firm Groupe des Imprimeries Champenoises, 52% of fine crystal maker Baccarat, and 85% of home heating and appliance firm Deville. Société du Louvre has been fending off a takeover bid from corporate raider and minority owner Asher Edelman. France's Taittinger family owns 37% of the company and controls 56% of the voting rights.

 COMPETITION
Accor (AC)
Marriott International, Inc. (MAR)
Six Continents Hotels, Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 681.30
1-Yr. Sales Growth: (6.0)%
Employees: 7,358
Revenue per employee: $92,593.10

 KEY PEOPLE
• Anne-Claire Taittinger
    CEO
• François Terrén
    CFO

 CONTACT INFO
58, boulevard Gouvion Saint-Cyr
75858 Paris Cedex, France
Phone: 33-158-0 00
Fax: 33-140-3 45
Online: Web Site

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