hr group
Wyndham Hotels & Resorts Acquires European Hotel Brand Vienna House for €44 million
Wyndham Hotels & Resorts | September 8, 2022
BERLIN, Sept. 8, 2022 -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,000 hotels in over 95 countries, today announced its acquisition of the Vienna House brand for €44 million ($44 million) adding an upscale and midscale portfolio of approximately 40 hotels and more than 6,000 rooms. Wyndham acquires the Vienna House brand from Berlin-based HR Group, a leading European hotel operator and long-standing franchised partner of Wyndham, which will continue to own or lease and operate existing Vienna House hotels under long-term franchise agreements with Wyndham. The move enables...
Union Investment Brings Hilton to Innsbruck/Austria
December 6, 2021
As part of a rebranding and extensive refurbishment programme, the former Hotel Ramada Innsbruck Tivoli is being significantly upgraded and repositioned in the Innsbruck hotel market. Union Investment has signed a long-term lease for 30 years with German hotel operating company HR Group. The hotel has been vacant since 31 July following expiry of the lease with the former tenant. The hotel is expected to open on 15 December – in a transitional phase as an independent hotel - and will then be fully refurbished during ongoing operation. Once the refurbishment work has been completed, the hotel will be positioned in the market under the Hil...
HR Group Opens Hyatt House Frankfurt Eschborn, Germany
Hyatt House | February 11, 2020
CHICAGO (February 10, 2020) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Hyatt House Frankfurt Eschborn, which marks the ninth Hyatt-branded hotel in Germany. Managed by the HR Group, the 190-room Hyatt House hotel is located in the well-established business area of Eschborn and aims to provide extended-stay residents a home away from home while on the road. Ideal for guests who are looking to continue their work and personal routines, Hyatt House Frankfurt Eschborn provides apartment-style living, which makes the business traveler feel at home. The hotel offers easy access to the airport, the Main-Taunus-Zentru...
HR Group and Hyatt Enter Agreement for New Build Hyatt House Frankfurt/City Goetheplatz in Frankfurt, Germany
Hyatt House | August 29, 2018
CHICAGO (August 29, 2018) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with HR Group for a Hyatt House hotel in Frankfurt, Germany. The hotel will be integrated into FOUR Frankfurt, a large mixed use development in the center of the city by Groß & Partner, that will be comprised of four towers and will include residential and office facilities, as well as retail spaces and hotels. Expected to open in 2023, Hyatt House Frankfurt/City Goetheplatz will mark the second Hyatt House hotel in Frankfurt, joining Hyatt House Frankfurt/Eschborn. The Hyatt House ...
HR Group and Hyatt Enter Franchise Agreement for New Hyatt House Hotel in Frankfurt, Germany
Hyatt House | October 24, 2017
CHICAGO (October 24, 2017) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a franchise agreement with HR Group for a Hyatt House hotel in Frankfurt, Germany. Expected to open in late 2019, the hotel will be owned by benchmark. REAL Estate Development GmbH and will be leased and managed by HR Group. Hyatt House Frankfurt/Eschborn will mark the second Hyatt House and third select service hotel for Hyatt in Germany, an important step towards increasing Hyatt's portfolio throughout the country. The Hyatt House brand is rooted in extensive consumer insights indicating that guests seek stylis...
