Inntel Hotels is proud to announce the successful sale of Inntel Hotels Rotterdam Centre and Mainport by Inntel Hotels. Together, the two hotels under one roof have 480 rooms. This makes them one of the top 10 hotels in the Benelux in size and the largest hotel in Rotterdam. The buyer is investor Annexum, which will take over the hotel organisation including the real estate and all movable property. The current 200 staff will also come under the responsibility of the new owner. The two hotels are literally connected and therefore the sale of both is a logical choice.
This important milestone illustrates the strategic development of the hotel group. The sale of both hotels is the result of careful evaluation and strategic decision-making with a view to the future.
Karin Geurts, Managing Director Inntel Hotels: "The hotels have played an important role in the history of our hotel group. We are grateful for the commitment of all our colleagues. They have contributed immensely to the success. The decision to sell the hotels was not an easy one, but we are convinced that selling is in the interest of both the hotel group and the new owner."
The two hotels have been sold to investor Annexum. Ronald Jansen, Partner of Annexum: "We are very proud to acquire these iconic full-service hotels located in a beautiful location in the heart of Rotterdam. The travel and tourism sector is also showing a strong upturn in the Netherlands and we also foresee an increasing demand for hotel accommodation based on positive long-term trends. In the short term, we are happy to share our vision for the future of these two hotels."
The hotels will be added operationally to Cycas Hospitality's portfolio after a two-month transition period. Cycas Hospitality has a portfolio of more than 50 hotels in 12 countries, hosted by 15 different renowned brands. Orange IM Hospitality supported Annexum in the acquisition of the hotel business and will be responsible for asset management. Until 31 October, the hotels will remain operational under the Inntel Hotels brand.
About Inntel Hotels
Inntel Hotels is a successful Dutch hotel group with hotels in prime locations in major cities. The luxurious and professional 4* design hotels each have an original identity and a focus on wellness. The hotels are characterised by a warm and professional atmosphere. An overnight stay becomes an unforgettable experience through genuine personal attention and excellent service. Inntel Hotels has respect for people and the environment and is happy to contribute to caring for a healthy planet and a beautiful society for the next generation.