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Motel One prepares for IPO as founder retakes control

London private equity group Proprium Capital Partners has offloaded its shareholding in Motel One back to the German low-cost hotel chain’s founder in a deal worth €1.25bn.

Munich , Bayern , Germany , United-states , United-kingdom , Philipp-westermann , Motel-one , One-hotels , Motel , Prepares , Founder , Retakes

Another record result for the Motel One Group as it closes 2023 financial year

The Motel One Group continues its success story and closes the 2023 financial year with a record turnover of EUR 852 million.

Germany , Berlin , Brussels , Bruxelles-capitale , Belgium , Hamburg , German , Philipp-westermann , Cloud-one-hotel , Hotels-resorts-gmb , Motel-one-group , Motel-one-gmb