Germany, April 9, 2013 – The takeover has begun – from the beginning of April, the 20 former hotels of the Queens Moat Houses Holding GmbH Germany, including 15 Holiday Inn Hotels, four Best Western Hotels and one Queens Hotel, were included in the portfolio of the Leonardo Hotels and put into operation. The hotels were acquired as part of Europe’s biggest hotel deal in recent years by the Israeli hotel chain Fattal Hotels Group. The hotels are located in Berlin, Munich, Düsseldorf, Frankfurt, Cologne, Hamburg, Heidelberg, Wolfsburg, Mannheim, Hanover, Baden-Baden, Aachen, Mönchengladbach and Karlsruhe. The new portfolio includes more than 3,600 rooms, 28 bars, and 29 restaurants, as well as 154 conference rooms with a total area of 9,675 square metres.

The hotels perfectly complement the existing portfolio. Daniel Roger, General Manager of Leonardo Hotels Europe, says: »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.

Background: With this new portfolio, 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.

However, this is not enough. "We want to continue to grow and continuously negotiate projects in major European cities," explains David Fattal, CEO Fattal Hotels/Leonardo Hotels.

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".

The following 20 hotels of Queens Moat Houses Holding GmbH Germany were included in the Leonardo Hotels portfolio.

Berlin
Best Western Queens Hotel Berlin City West	will be a	Leonardo Hotel Berlin City West
Düsseldorf
Holiday Inn Düsseldorf City Centre-Königsallee	will be a	Leonardo Royal Hotel Düsseldorf Königsallee
Holiday Inn Düsseldorf	will be a	Leonardo Hotel Düsseldorf City Center
Köln
Holiday Inn Köln - Am Stadtwald	will be a	Leonardo Hotel Köln - Am Stadtwald
Holiday Inn Köln-Bonn Airport	will be a	Leonardo Hotel Köln Airport
Hamburg
Best Western Queens Hotel Hamburg	will be a	Leonardo Hotel Hamburg City Nord
Heidelberg
Holiday Inn Heidelberg	will be a	Leonardo Hotel Heidelberg
Hannover
Queens Hotel Hannover	will be a	Leonardo Hotel Hannover
Holiday Inn Hannover Airport	will be a	Leonardo Hotel Hannover Airport
Baden-Baden
Best Western Queens Hotel Baden-Baden	will be a	Leonardo Royal Hotel Baden-Baden
Aachen
Holiday Inn Aachen	will be a	Leonardo Hotel Aachen
Karlsruhe
Best Western Queens Hotel Karlsruhe	will be a	Leonardo Hotel Karlsruhe
Mannheim
Holiday Inn Mannheim City Centre	will be a	Leonardo Hotel Mannheim

The following hotels will still be running under the brand "Holiday Inn" with the affinity to the Leonardo Hotels:

Holiday Inn Munich                                            
Holiday Inn Düsseldorf Airport-Ratingen                
Holiday Inn Frankfurt Airport North                      
Holiday Inn Frankfurt City-South Conference Centre
Holiday Inn Heidelberg-Walldorf                          
Holiday Inn Mönchengladbach     
Holiday Inn Wolfsburg City Center

About Leonardo Hotels
Leonardo Hotels make up the European division of the Fattal Hotels Group, founded in 1998 by David Fattal in Israel. Leonardo Hotels have been represented also on the European market since 2007, with more than 80 hotels in Israel, Germany, Austria, Switzerland, Belgium and Hungary. All across Europe, Leonardo Hotels are known for their superb locations in attractive destinations as well as for their distinctive ambience, individual design and atmosphere. Each Leonardo Hotel has its very own regional character that symbolizes the strong relation between the hotel and its location. The company headquarters Europe are in Berlin.

For more information on Leonardo Hotels visit www.leonardo-hotels.com.