VI Hotels & Resorts continues to expand in Germany
April 2014. With the Arcadia hotels in Landsberg am Lech and in Bad Oeynhausen, the group's portfolio now includes 12 hotels in Germany.
as announced. VI, the largest Austrian hotel operator, will take over the two Arcadia hotels in Landsberg am Lech and in Bad Oeynhausen with no interruption to service effective 1 April 2014. The parties have agreed to keep the purchase price confidential.
Dr. Andreas Karsten, CEO of the Austrian hotel group, is certain of the investment in the two hotels inBavaria and North Rhine-Westphalia: "The transfer of the Arcadia hotels in Landsberg and Bad Oeynhausen are a further indication of the trust in our management style and our asset strategy. We are delighted to be able to deepen our cooperation with the Arcadia Group." Dr. h.c. Reinhard Baumhögger, owner of the Arcadia Group, also sees this as a win-win situation for both hotel groups: "Thanks to the synergy effects in sales, both groups benefit greatly from the transaction. I am very pleased that in VI Hotels I have found an experienced and successful hotel operator for both properties."
Arcadia Hotel Landsberg
The 103-room 3-star Arcadia Hotel Landsberg is situated 2 km from the historic old town centre ofLandsberg am Lech in Upper Bavaria, about 55 km west of Munich. The city has a population of around 30,000. Arcadia Hotel Landsberg: Graf-Zeppelin-Str. 6, 86899 Landsberg am Lech, Tel: +49 8191 9290 0, firstname.lastname@example.org
Arcadia Hotel Bad Oeynhausen
The Arcadia Hotel Bad Oeynhausen, with 144 rooms and an event area for around 60 people, issituated at the edge of the spa gardens in the heart of the spa town of Bad Oeynhausen (pop. 50,000). Located about 39 km southwest of Bielefeld, Bad Oeynhausen is known both nationally and internationally for its health and rehabilitation centres. Arcadia Hotel Bad Oeynhausen: Morsbachallee 1, 32545 Bad Oeynhausen, Tel: +49 5731 257 0, email@example.com
Arcadia Hotels (Dr. h.c. Reinhard Baumhögger Group) has been active in the fields of hoteldevelopment, construction and management in Germany since 1978. Today Arcadia operates a total of 24 hotels under its own brand and owns 3 additional hotels that are operated under a third-party brand. Arcadia has about 3,200 rooms on the German hotel market and comes in 30th of the top 50 hotel companies in Germany in the AHGZ ranking from July 2013.
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ABOUT VIENNA HOUSE
Vienna House is all about travelling, making new experiences and exploring as well as recognising the true beauty in the simple things in life. Austria's largest hotel group – repositioned in 2016 under the umbrella brand "Vienna House" – owns and manages hotels with their own character but with shared values and one aim: to inspire guests. The "Vienna House" brand comprises individual city and resort hotels in the 4-star superior and 5-star segments representing timeless design and natural premium quality. Hotels of the "Vienna House Easy" brand are cool, fresh and down-to-earth; the style of the 3- and 4-star hotels is smart and casual. The company currently employs 2,200 staff members in nine countries: from France to Russia, from Poland to Austria. Including cities like Berlin, Bratislava, Bucharest, Coburg, Carlsbad, Cracow, Dresden, Ekaterinburg, Lodz, Munich, Paris, Prague and Trier. Vienna House is a registered trademark of Vienna International Hotelmanagement AG. www.viennahouse.com