Leonardo Hotels completes acquisition of 20 QMH hotels in Germany

11th April 2013 (Last Updated April 11th, 2013 18:30)

Leonardo Hotels, the European division of the Israeli hotel firm Fattal Hotels, has completed the acquisition of 20 former hotels of Queens Moat Houses Holding Germany (QMH).

Leonardo Hotels, the European division of the Israeli hotel firm Fattal Hotels, has completed the acquisition of 20 former hotels of Queens Moat Houses Holding Germany (QMH).

The acquisition, which began in April 2013, saw Leonardo taking over 20 QMH hotels including 15 Holiday Inn Hotels, four Best Western Hotels and one Queens Hotel, and has currently put them into operation.

"We want to continue to grow and continuously negotiate projects in major European cities."

Located in Berlin, Munich, Düsseldorf, Frankfurt, Cologne, Hamburg, Heidelberg, Wolfsburg, Mannheim, Hanover, Baden-Baden, Aachen, Mönchengladbach and Karlsruhe cities, the hotels feature over 3,600 rooms, 28 bars, 29 restaurants and 154 conference rooms with total space of 9,675m².

With the acquisition completed, the company has rebranded 13 QMH hotels into the Leonardo Hotel brand, while retaining seven hotels as the Holiday Inn brand.

Fattal Hotels plans to invest further in the new hotel portfolio.

Leonardo Hotels interior designer Andreas Neudahm will be handling the reconstruction work of all the new hotels by using the latest, individual and premium design styles.

Fattal Hotels/Leonardo Hotels CEO David Fattal said, "We want to continue to grow and continuously negotiate projects in major European cities."

With the addition of the new properties, Fattal Hotels now owns and operates more than 16,000 rooms in 84 hotels, including 44 hotels in 20 German cities, 31 hotels in Israel, and nine hotels in the rest of Europe, including Austria, Switzerland, Belgium and Hungary.