Pierre et Vacances S.A.

Pierre et Vacances S.A., through its various subsidiaries, operates internationally and across Europe, focusing on vacation accommodation services and leisure property investment. The company's activities are structured into two primary divisions: Property Development and Tourism. The Property Development arm is responsible for land identification, site planning, construction, and the subsequent sale of holiday residences to either private buyers or institutional investors. Concurrently, the Tourism segment manages and markets an array of residential complexes and resort villages under prominent brands including Pierre & Vacances, Center Parcs, Sunparks, Villages, Nature Paris, Maeva.com, and Adagio. As of September 30, 2021, the firm oversaw approximately 284 locations, comprising a total of 43,532 apartment units. Founded in 1967, Pierre et Vacances S.A. is headquartered in Paris, France, and operates as a subsidiary of Société d'Investissement Touristique et Immobilier.