Germany’s NOVUM Hotel Group Completes Acquisition of the Winters Hotel Company
August 31, 2015 11:06am
“This transaction marks a milestone in our company's history and follows our goal of further expanding the NOVUM Hotel Group into one of the biggest hotel groups in Germany“, says David Etmenan, managing partner of the NOVUM Hotel Group.
The Winters Hotel Company, which was previously privately owned as well, offers a stable and high quality hotel portfolio in prominent locations in Berlin, Munich and Frankfurt/Offenbach am Main.
“With this takeover we secured ourselves a portfolio of modern, 4-star hotels in locations that simply can’t be found anymore, like for example directly at Checkpoint Charlie, the Gendarmenmarkt in Berlin-Mitte or across the Munich central station. Furthermore, the items are already well established in the market and the current corporate structure of the Winters Hotel Company coincides wonderfully with our corporate philosophy“, adds David Etmenan.
The NOVUM Hotel Group wants to continue with its strategy of a sustained expansion to keep its hotel portfolio growing.
More information can be found at: https://www.novum-hotels.de/novum-hotels-expansion.php
Tags: novum hotel group,
winters hotel company
Foundation took place in 1988, and since 2004 has been growing steadily. Under the direction of David Etmenan, the Novum Hotel Group has delivered extraordinary results. The hotels are 3 and 4 star items, which are operated as three individual brands.
Further information on the Novum Hotel Group can be found at http://www.novumgroup.de/ and https://www.novum-hotels.de/
Contact: Franziska Mettenheimer
040 600 808 - 264
NOVUM Hospitality Signs with Toka Immobilien for 170-Key niu hotel in Grenzach-Wyhlen, Germany
NOVUM Hospitality Acquires Conference Hotel in Frankfurt-Niederrad to Become Crowne Plaza Frankfurt Congress Hotel
NOVUM Hospitality Developing niu Bricks in Hamburg with S&P Commercial Development GmbH
NOVUM Hotel Group and Hamburg Hotel Group Developing niu Rig in Hanseatic City of Lübeck
NOVUM Hotel Group and Citygrove Plan niu Tab in Düsseldorf, Germany
The NOVUM Hotel Group and GBI AG Developing a niu Hotel in Mannheim, Germany
niu, NOVUM Hotel Group’s First Company-Owned Brand, to Rise in Halle, Germany in Partnership with GP Papenburg Hochbau
NOVUM Hotel Group Launches “niu” Brand: Novelty. Innovation. Urbanity. = niu
NOVUM Hotel Group and IMMOFINANZ Plan New Holiday Inn for Expanding Business Park Vienna, Opening 2019 in Austria's Capital City
Novum Hotel Group Plans Novum Style Hotel in Mannheim, Germany in Cooperation with GBI AG
NOVUM Hotel Group and GBI AG to Develop 352-Room Hotel in Frankfurt, Germany
NOVUM Hotel Group Developing New 184-Room Hotel in West Berlin District of Charlottenburg
IHG and NOVUM Hotel Group Sign Landmark Deal to Develop 20 Hotels Across Europe
NOVUM Hotel Group Acquires 151-Room Columbia Hotel in Rüsselsheim
NOVUM Style Hotel to be Developed at Stuttgart's Pragsattel in Germany; Slated for 2019 Opening
Commerz Real Acquires NOVUM Style Hotel Development in Frankfurt for hausInvest
NOVUM Group Developing New NOVUM Select Hotel City Harbour Amsterdam at Cruquiuseiland
NOVUM Hotel Group Acquires Hotel Strijewski in Wolfsburg, Germany
NOVUM Group Acquires the 77-room Hotel Mariella Airport in Cologne, Germany
NOVUM Hotel Group to Renovate Former Hotel Victoria to Open NOVUM Style City Center Lübeck, Germany
Please login or register to post a comment.