Chinese hotel operator buys Deutsche Hospitality

Add to My Stories Print page Add to Favourites

Chinese hotel operator Huazhu Group is acquiring Frankfurt-based hotel company Deutsche Hospitality for €700m (US$781m) in cash.

Huazhu, based in China and listed in New York, operates hotels on leased properties. The new acquisition will add to its more than 5,000 hotels.

Deutsche Hospitality operates nearly 150 hotels in 20 countries and includes brands like the Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, the IntercityHotels and the Zleep Hotels.

You are using a Trial account

Thank you for trying Acquisitions Daily. You have read out of 2 articles.

If you want to read more than 2 articles, please contact us below to discuss a subscription.

Subscription Enquiry


If you are outside of the UK, please add your international dial code, e.g +33.