A block sale or just an equity investment in exchange for financial support. The administrator of Naos Hôtel Groupe (NHG) has less than a month to find a solution for this major French Hilton-Marriott franchise, which filed for bankruptcy in October 2023 and has been placed in receivership by the Poitiers Commercial Court(see our article). Taeo, the holding company of its founder and chairman, Pascal Lemarchand, has been under safeguard proceedings since the end of October.