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HR Group - building opportunities

HR Group is an owner managed company. As part of it’s growth strategy, HR Group cooperates with strong partners like AccorHotels, Lindner Hotels & Resorts, Deutsche Hospitality and Dorint Hotels & Resorts. With more than 4,800 rooms HR Group is one of the leading hotel operating companies in Germany and is continuously growing.

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Sale of the majority stake of three Dorint Hotels to the Swedish Pandox group

Berlin. The HR Group sells the majority stake in three of its houses to the Swedish Pandox AB - for about 103 million euros. The hotels in Augsburg, Erfurt and Dortmund have a total of 565 rooms and are managed by the Dorint Hotels & Resorts brand. They will continue to be operated by the HR Group, which retains a minority stake in the houses, on the basis of long-term, sales-based leases. The transaction, which was accompanied by the commercial law firm Hogan Lovells, has been completed 1st of July 2019.

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