Iconic residence in Troyes – 5 Stars Hotel – Saint Georges (10)

The Hôtel de Saint-Georges is an iconic residence in Troyes, with seven centuries of continuous history, having belonged to influential families. Quiet yet very well located in the city center, this 5-star apartment hotel is listed as a historic monument.

THE POTENTIAL OF THE HOTEL

• A hotel steeped in history and expertise (a document prepared by an archivist can be sent to you).
• The complex is built on vaulted cellars dating from the 13th to the 16th century. These cellars could be converted into meeting rooms and a spa. See the article: the mysterious cellars of the Hotel Saint Georges
• Rates range from €155 to €457 per night. Reason for sale: the owner-operator is changing direction with his children.
• Sale price (property): €1,800,000. No operator currently (free management since 2025 to facilitate the sale).
• Housekeeping: one maid is sufficient (six years’ seniority, €1,800 including taxes), possibility of retaining her.
• Capacity: the owner has a second apartment hotel 500 meters away on the edge of the city center, if you want more rooms (two one-bedroom apartments, one two-bedroom apartment, and one three-bedroom apartment).
• Transient clientele (business and leisure, as Troyes is a crossroads) and regulars (approximately 30%).
• Cooperation between hotels in the center to refer tourists when they are full.
• Subject to “furnished tourist accommodation” legislation.
• Peak season between May and October. 2022 turnover €536K. At full capacity, occupancy rate of 79%.
  => Ideal takeover: furnished tourist accommodation.