The agreement comprises the acquisition of 25 hotels in 11 German cities for a total capacity of 1,816 rooms. It also includes a management platform based in Kiel, thus creating a hub for Louvre Hotels Group in Germany.
A few months after the rebranding of 9 Motel One hotels into Première Classe, Louvre Hotels Group – the second largest European hospitality group – today announces the acquisition of the Nordic hotels portfolio.
Out of the 25 hotels, 23 are under operation and 2 are currently under construction and planned to open in 2016. Mostly unbranded, eight hotels are classified as 4 stars, fifteen as 3 stars and two as 2 stars.
The deal allows Louvre Hotels Group to double the size of its network in Germany.
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