The takeover strengthens LHG's position as an operator and lessee of hotel real estate. In addition to expanding its brand portfolio, it is now active in three other countries: Italy, UK and USA. "The integration marks the next chapter in our strategic direction," says Arno Schwalie, CEO of the Lindner Hotel Group. "We are growing with a clearly differentiated multi-brand strategy and are thus strengthening our position in the European leisure market."
As a result of the takeover, LHG will increase its turnover by around 90 million euros and add more than 1,000 rooms to its portfolio. LHG will now operate 35 hotels in eight European countries and the USA, with six additional hotels in planning. LHG will employ around 2,500 people and expects to generate revenue of around 330 million euros in 2024.
12.18. focuses on acquiring, developing, and repositioning hotel real estate and providing asset management services to its capital partners. "Going forward, we will no longer operate hotels ourselves. However, at LHG, we have a strong partner with whom we will work closely on the operation of hotels. Thus, we as 12.18. can continue to offer our capital partners a comprehensive portfolio of services ranging from acquisition and conception, financing, development and repositioning to the operation and sale of hotel real estate," says Adrian Lindner, Managing Director of 12.18. Asset Management. "As we did in the past, we will continue to decide on each property's operating concept individually to find the best fit and also work with external operators and brands, next to our partnership with LHG."
Currently, LHG operates hotels and resorts under the two brands Lindner Hotels & Resorts and me and all hotels. Following LHG’s exclusive collaboration agreement with Hyatt announced in 2022, Lindner Hotels & Resorts and me and all hotels are part of the JdV by Hyatt brand –a collection of independent hotels with unique personalities and a true reflection of their locations.
Tradition and innovation come together at the multi-award-winning Lindner Hotels & Resorts. From business hotels with modern meeting facilities to theme-hotels, luxurious spas, golf resorts, and city spots, they combine hospitality with passion, sporting passion, and indulgence to perfection. LHG repositioned the brand with its 24 hotels already in 2023.