France: Living platform DoveVivo has launched its first fully-serviced property for medium to long-term stays in the South Pigalle neighbourhood of Paris.
DoveVivo caters to the coliving, short/long-term rental and student accommodation sectors. The company already operates 850 coliving and student rooms in Paris.
The 22 new apartments and studios, located at 10 Douai, come fully equipped with custom made furniture. Amenities include coworking space, a communal kitchen, gym, laundry room, and a private courtyard.
Coliving brand Chez Nesor and vacation rental platform ALTIDO will collaboratively market and operate the property.
William Maggio, co-founder and chairman of DoveVivo, said: “The inauguration of this new building, of which we are particularly proud, is an example of how our living platform succeeds in responding to any need in the real estate market. It perfectly combines the experience and know-how of affiliates allowing us to offer an elegant home away from home for stays of a month or more. On the one hand, the property and customer management expertise of Chez Nestor by DoveVivo and on the other hand, the efficient and high-quality hospitality of ALTIDO.”
Will Parry, CEO at ALTIDO, said: “The Parisian travel scene is booming. With more business travellers visiting the city than ever before, the time is right to expand our horizons and fill a gap in the market for high-quality rental accommodation. This property will uphold our values of providing world-class customer service and a premium hospitality experience, setting it apart from the competition.”
DoveVivo opened its office in Paris in 2020 and later acquired Chez Nestor in March 2022. The investment took the combined portfolio to more than 1,800 beds in six cities.
Following the merger, DoveVivo acquired ALTIDO which managed over 2,500 properties in Europe at the time.
