Leonardo targets further properties following Europe's 'biggest' hotel deal

Leonardo Hotels is targeting further acquisitions after concluding Europe's 'biggest hotel deal in recent years'.

Leonardo's Daniel Roger
Leonardo's Daniel Roger
Leonardo has now taken over 20 former hotels of Queens Moat Houses Holding include 15 Holiday Inn Hotels, four Best Western Hotels and one Queens Hotel.

The hotels were acquired as part of a deal by the Israeli hotel chain Fattal Hotels Group, which owns Leonardo Hotels.

The hotels are located throughout Germany in Berlin, Munich, Düsseldorf, Frankfurt, Cologne, Hamburg, Heidelberg, Wolfsburg, Mannheim, Hanover, Baden-Baden, Aachen, Mönchengladbach and Karlsruhe.

The deal covers more than 3,600 rooms, 28 bars, and 29 restaurants, as well as 154 conference rooms with a total area of 9,675sqm.

Daniel Roger, general manager of Leonardo Hotels Europe, said: "We are delighted to be able to add new locations and additional hotels to our existing destinations. With the acquisition, we are now present in 20 German cities. Thus, we can offer our guests an extended range – in the usual high Leonardo standard. An extensive investment plan has been defined for the new hotel portfolio and is already being implemented this year."

The Fattal Hotels Group grows to 84 hotels, with more than 16,000 rooms. Of this, 53 hotels and 8,449 rooms are located in Europe (Austria, Switzerland, Belgium, Hungary, and Germany) and 31 hotels with 7,600 rooms in Israel.

With the acquisition of the QMH Germany portfolio, Fattal Hotels manages 44 hotels in 20 cities in Germany.

David Fattal, CEO Fattal Hotels/Leonardo Hotels said that the deal is one of the biggest in Europe in recent years but added that he intends to negotiate similar deals in other European cities. He said: "Through these new deals, the opportunity to further develop the exclusive brand Leonardo Royal has been created - the former Holiday Inn Düsseldorf City Centre-Königsallee, as well as the former Best Western Queens Hotel Baden-Baden, will be re-branded to Leonardo Royal Hotels.

"The leading interior designer Andreas Neudahm is responsible for the interior design of many Leonardo projects. He will be in charge of the reconstruction work of all hotels within the scope of the acquisition. It is therefore his special concern to create an individual and premium design style for both future Leonardo Royal Hotels."

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
What the election result means for events

What the election result means for events

Following a landslide victory for the Conservative Party in the general election, what do key industry figures think about the result?

C&IT's APAC Awards now open for entries

C&IT's APAC Awards now open for entries

Brand new this year, C&IT will recognise the very best in events in the Asia Pacific region.

Which trends do corporate event planners expect to see next year?

Which trends do corporate event planners expect to see next year?

In part nine of our State of the Industry: Corporate Report, we asked corporate event planners what trends they expect to see in 2020.

Trinity Event Solutions appoints managing director

Trinity Event Solutions appoints managing director

Jenny Harding steps into a new role after ten years at the agency, where she has also been recognised for charitable work.

Top 3 incentive trends for 2020

Top 3 incentive trends for 2020

What are the biggest luxury travel requests that incentive planners should watch next year?

Plans revealed for major new Edinburgh arena

Plans revealed for major new Edinburgh arena

The 8,000 seater indoor arena in Scottish capital is expected to include conference space and hotels.

What corporate event planners want from suppliers

What corporate event planners want from suppliers

Part eight of the State of the Industry Corporate Report asks what the most influential factors are when choosing suppliers.

Australian bushfires: 'Natural phenomena and crises are always going to happen'

Australian bushfires: 'Natural phenomena and crises are always going to happen'

Tourism Australia's Penny Lion talks about the bushfire crisis and the country's booming events industry.

Top Banana hires non-executive director

Top Banana hires non-executive director

New addition brings more than 30 years experience to the agency and will mentor and advise the leadership team.

Why there's been a surge of new hotels in Perth

Why there's been a surge of new hotels in Perth

Its pristine beachfront rivals California, with massive investment in tourism creating new hotels and jobs.

LATEST JOBS