A
dagio, one of Europe's leading aparthotel operators, has appointed Arthur Jaeger as its Chief Development and Real Estate Officer. With a strong background in hospitality and real estate, Jaeger will drive Adagio's growth strategy and development of the network.
As a graduate of civil engineering and business administration, Jaeger brings extensive experience to his new role. He began his career at Bouygues Construction before joining Vinci Immobilier's Hospitality division. Within Adagio, he will oversee the implementation of the "Next ADAGIO" plan, which aims to double the network by 2030.
Jaeger's responsibilities will include leading development and programs teams in France and Europe, integrating sustainability into each project, and managing the brand's renovation plan to enhance its upscale appeal. He will also ensure an "asset-light" approach to development, leveraging Adagio's shareholder expertise and internalizing key skills to support the franchise network.
"I'm thrilled to join Adagio," says Jaeger. "The company's strong values and growth potential excite me, as does the opportunity to reinvent the hospitality sector." Xavier Desaulles, CEO of Adagio, welcomes Jaeger, citing his experience, drive, and strategic vision as valuable assets for the company.
Adagio was founded in 2007 as a joint venture between Accor and Pierre & Vacances Centre Parcs. Today, it operates 131 sites with 14,851 apartments across 16 countries, making it Europe's largest aparthotel network.
realestate
Arthur Jaeger Appointed Chief Development & Real Estate Officer at Adagio
Adagio appoints Arthur Jaeger as Chief Development and Real Estate Officer.
Read More - realestate
realestate
Rockford Housing Market Gains Momentum with New Hispanic Real Estate Partnership
City leaders expect NAHREP to boost Hispanic homeownership rates.
Read More - realestate
realestate
Commercial Real Estate Forum Held by Southeastern Association
Sandoval Economic Alliance holds partner luncheon at Quezada's Comedy Club, focusing on commercial real estate.
Read More
realestate
Commercial Real Estate Lenders Show Resilience Amid Industry Headwinds
Post-pandemic behavior and rising interest rates pose challenges to commercial real estate borrowers, leading to increased defaults with varying levels of stress across assets.