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Accor : and Banque des Territoires Join Forces for the Revival of La Citadelle Vauban in ...
Accor : and Banque des Territoires Join Forces for the Revival of La Citadelle Vauban in

About this update from Accor Sa
From left to right: Thibault Grollemund, Mayor of Le Palais; Christophe Pinault, Chairman of Caisse d'Épargne Bretagne-Pays de la Loire; Michael Galy, Prefect of Morbihan; Sébastien Bazin, Chairman and Chief Executive Officer of Accor; Alexandre Giuglaris, Managing Director of the Fondation du Patrimoine; Florence Bessy, Sub-Prefect of Lorient; Maud Bailly, Chief Executive Officer of Sofitel Legend, Sofitel, MGallery & Emblems; Olivier Sichel, Chief Executive Officer of Caisse des Dépôts and Banque des Territoires; Stéphane Bern, Lead of the French Heritage Mission and Patron of Territoires d'Histoire(s); Christian Mantei, Chairman of Atout France; Camille Rives, Investment Manager, Banque des Territoires; and Karine Bellec, Vice President of the Morbihan Departmental Council. Belle-Île-en-Mer, July 3, 2026 - Accor, a world-leading hospitality group, today announced a strategic partnership with Banque des Territoires (Caisse des Dépôts group), which is joining the revival project of La Citadelle Vauban in Belle-Île-en-Mer as a long-term investor. This alliance marks a major step in the transformation of one of the most emblematic historical monuments on the French coast, set to become, by 2027, the first French address of Emblems Collection, Accor's latest luxury brand. This partnership illustrates a shared ambition: to demonstrate that it is possible to combine heritage restoration, economic development, regional attractiveness, and cultural transmission. "The revival of La Citadelle Vauban is much more than a hotel project. It is a heritage, cultural, and regional project that aims to bring an exceptional monument back to life while creating lasting value for Belle-Île. By welcoming Banque des Territoires alongside us today, we strengthen this common ambition: to preserve unique heritage by giving it a sustainable future open to its region." - Maud Bailly, CEO of Sofitel Legend, Sofitel, MGallery & Emblems "By committing alongside Accor to revive La Citadelle Vauban, through the Territoires d'Histoire(s) program, we are not only investing in exceptional heritage but also in the future of the Breton region. Our role as an investor in the public interest makes full sense here: to bring to life a project that combines heritage preservation, tourist attractiveness, and local economic dynamism." - Olivier Sichel, CEO of Caisse des Dépôts An Alliance ...