Leonardo strengthens national coverage with strategic asset purchase
📍 In 2023, Leonardo Hotels acquired assets totaling 585 rooms across Freiburg, Erfurt, Magdeburg, and Nuremberg, Germany. Freiburg bolsters leisure-corporate tourism, Erfurt adds a second hotel, Magdeburg taps into economic growth, and Nuremberg reaches three properties. Yoram Biton highlights this milestone, growing Leonardo's German hotels to 73. A phased renovation plan will modernize these hotels. Formerly under Steigenberger, these properties transition to Leonardo, enhancing its European reach and brand presence.
Share