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RNS - AURELIUS subsidiary GHOTEL hotel & living opens two more hotels in Bayreuth

Company: Aurelius SE & Co. KGaA Date: 2018-06-05 Language: English Register to download

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 News Details

Corporate | 5 June 2018 07:00

#   

AURELIUS subsidiary GHOTEL hotel & living opens two more hotels in Bayreuth

DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Miscellaneous  

  

05.06.2018 / 07:00  

The issuer is solely responsible for the content of this announcement.  

  

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**AURELIUS subsidiary GHOTEL hotel & living opens two more hotels in Bayreuth**

**–** Two more locations as franchisees for the Accor Group

– Opening planned for the end of 2019

– Expansion in full swing, with other projects in the offing

Munich, 5 June 2018 – Hotel operator GHOTEL hotel & living ( [www.ghotel.de](http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=483660169f7ee826af9ed3cf2ac79336&application_id=692171&site_id=news_data&application_name=news) ), a subsidiary of AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8), will operate two Accor hotels in Bayreuth as franchisee. The opening of the two ibis houses is planned already for the end of 2019 and will add the attractive business and culture location of Bayreuth to GHOTEL’s Germany-spanning portfolio. GHOTEL was again able to position itself as an attractive franchise partner for the international Accor Group; in November 2017 franchise agreements were signed for two hotels scheduled to open in 2020 under the Novotel and ibis brands at Düsseldorf Airport.

The two brand-name hotels in the economy and budget categories, an “ibis Styles” with 96 rooms and an “ibis budget” with 84 rooms, will be built as a “hotel combo” in Bayreuth in a central location near the main train station between the old city and the Festspielhaus. The concept for the shared public space of the two hotels is already in place. It will be accessible from both hotels and will have its own coffee shop. In addition, a public parking garage will be built next to the hotels. Site acquisition and construction will be by the well-known project developer Fuchs & Söhne GmbH of Berching in the Bavarian Oberpfalz region.

“With these two new projects we are continuing our rapid growth, which has seen seven attractive new hotels for the GHOTEL Group in the last half year,” said Jens Lehmann, CEO of GHOTEL hotel & living. “Our expansion is in full swing and we have further highly interesting hotel projects in view.”

**About GHOTEL hotel & living**

GHOTEL hotel & living is a rapidly expanding hotel and apartment building chain with properties in several cities in Germany. The business hotels with modern conference rooms are marketed under the GHOTEL hotel & living and nestor Hotels brands. They can be found in Kiel, Hanover, Göttingen, Coblenz, Munich, Würzburg, Essen, Ludwigsburg and Neckarsulm. Under the GHOTEL living brand, GHOTEL hotel & living operates “temporary residence” apartment buildings in Bonn and Munich. GHOTEL GmbH is headquartered in Bonn. Since December 2006 the company has belonged to the AURELIUS Group. CEOs of GHOTEL GmbH are Wolfgang Zurner and Jens Lehmann.

**ABOUT AURELIUS**  

AURELIUS Group is a pan-European investment group with offices in Munich, London, Stockholm and Madrid. Since it was founded in 2006, AURELIUS has grown from a local turnaround investor to an international multi-asset manager investing in a wide range of sectors and across the capital structure.

AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, Ticker Symbol: AR4) represents the listed entity within the AURELIUS Group that focusses on investing in special situations and mid-market transaction opportunities. AURELIUS Equity Opportunities currently has 21 portfolio companies located across Europe which employ around 20,000 people and generate annual revenues of more than EUR 3.5 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchanges. The company’s market capitalization is approximately EUR 1.9 billion (as of May 2018).

With its group charity AURELIUS Refugee Initiative e.V., AURELIUS provides comprehensive support for refugees on their way towards a better life.

To find out more, visit [www.aureliusinvest.de](http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=a5a74ea8a48671fadeaf8f187a2d6873&application_id=692171&site_id=news_data&application_name=news)

**CONTACT**  

AURELIUS Group  

Anke Banaschewski  

Investor Relations & Corporate Communications  

Phone: +49 (89) 544799-0  

Fax: +49 (89) 544799-55  

E-Mail: [investor@aureliusinvest.de](http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=ceee8561f9f86b3cd387037a75a281f9&application_id=692171&site_id=news_data&application_name=news)

  

  

  

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05.06.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.  

The issuer is solely responsible for the content of this announcement.  

  

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.  

Archive at www.dgap.de  

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|     |     |
| --- | --- |
| Language: | English |
| Company: | AURELIUS Equity Opportunities SE & Co. KGaA |
|     | Ludwig-Ganghofer-Straße 6 |
|     | 82031 Grünwald |
|     | Germany |
| Phone: | +49 (0)89 544 799-0 |
| Fax: | +49 (0)89 544 799-55 |
| E-mail: | info@aureliusinvest.de |
| Internet: | www.aureliusinvest.de |
| ISIN: | DE000A0JK2A8 |
| WKN: | A0JK2A |
| Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange |

  

|     |     |
| --- | --- |
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| End of News | DGAP News Service |

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