Schroders acquires two Hoxton hotels in Amsterdam and Paris from Sharan Pasricha
London-based investment manager Schroders has completed the acquisition of the 172-room The Hoxton, Paris and the 111-room The Hoxton, Amsterdam from entrepreneur Sharan Pasricha, founder and Co-CEO of Ennismore, for a reported €260 million (€919,000 per room). The two lifestyle properties, neither of which features any suites, will remain under Ennismore’s management, which entered a JV with Accor in 2021 to operate all of Accor’s lifestyle brands in addition to Pasricha’s Hoxton and Gleneagles brands. Founded in London in 2006, The Hoxton brand today has 13 properties in operation across the US and Europe, including four in London.
