King & Wood Mallesons SJ Berwin advised Canyon Equity on the recent sale of 5-star hotel “Le Mélézin”, in Courchevel (France), to Lov Group.
Canyon Equity is a US group specializing in the acquisition and development of small ultra-luxury branded resorts in unique destinations around the world. Lov group is an investment holding owned by Stéphane Courbit, which focuses on leisure and digital activities.
“Le Mélézin” is one of the oldest and most famous luxury hotels in Courchevel. The 31-bedroom hotel was the property of Canyon Equity since June 2006, before it was acquired by Lov Group in January 2014 to enhance its luxury hotel portfolio.
The King & Wood Mallesons SJ Berwin team was led by Real Estate partner Ann Ly Ky for, Tax partner Raphaël Béra and associate Antoine le Touzé, as well as Corporate partner Pierre-Louis Périn and associates Augustin Fleytoux and Rémi Pagès.