Wyndham Hotels & Resorts has purchased the Vienna House brand from Berlin-based HR Group for €44M.
The completion of the deal means that 40 hotels and more than 6,000 rooms will be added to Wyndham’s global portfolio.
Geoff Ballotti, CEO at Wyndham, said: “Europe continues to present accelerating growth for the travel sector with strong demand steadily bouncing back across leisure and business. Vienna House’s guest-centric culture, strong brand recognition and ambitious brand development plans align with our distribution goals, making it a perfect match to continue our international growth and reinforces our position and commitment to the region.”
Dimitris Manikis, EMEA President at Wyndham, added: “Over the past 30 years, the Vienna House brand has built a highly-recognised name for travellers in many European countries. The acquisition of the Vienna House brand and our expanded collaboration with our trusted partner, HR Group, marks a key step in expanding our market presence even further, adding immediate scale and capability and supporting our ambitions for growth in important destinations across EMEA.”
