Hogan Lovells advises Vienna House on the expansion of its hotel portfolio
Led by Munich partner Nikolas Zirngibl, Hogan Lovells has advised the Austrian hotel operator Vienna House on the acquisition of 17 city hotels and two hotel projects from the Rostock-based arcona group.
In addition to eight arcona Living and four arcona Hotels, the transaction also comprises five Steigenberger hotels of the franchisor Deutsche Hospitality, as well as two hotel projects in Greifswald and Mannheim. All employees of the sold arcona city hotels will be taken over by Vienna House. The hotels are operated under leases under the umbrella brand Vienna House. The largest Austrian hotel group currently operates and develops over 40 hotels in Europe with a focus on city hotels under the Vienna House, Vienna House Easy and Vienna House R.evo brands.
Hogan Lovells team for Vienna House
M&A
Dr. Nikolas Zirngibl (Partner), Andreas Thun (Counsel), Thiemo Woertge (Associate), Christopher Hildebrandt (Associate, Munich);
Tobias Flasbarth (Counsel, Hamburg).
Real Estate/Hospitality
Marc P. Werner (Partner, Frankfurt);
Sabrina Handke (Counsel, Munich), Ulrike Janssen (Senior Associate, Munich).
Banking and Finance
Dr. Christian Herweg (Partner), Katharina Kranzfelder (Senior Associate), Dr. Jan Fürbaß (Associate, Munich).
Tax
Dr. Falk Loose (Counsel, Munich).
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