Event Hotels acquires 17-property Keystone portfolio in Germany
🏨 Event Hotels acquires the Keystone Portfolio of 17 hotels in Germany, marking a major investment in its 30-year history. The hotels, operating under Ibis and Mercure brands, include 2,021 rooms across cities like Bremen, Frankfurt, and Munich. The largest, Mercure Koblenz City, has 168 rooms. Legal support was provided by McDermott Will and Schulte. The acquisition focuses on guest experience and technical upgrades, promising risk diversification and steady cash flows. Event Hotels operates over 80 properties in Europe.
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