Vastint is delighted to announce signing new agreements with a renowned hotel operator to manage 6 of its hotel properties in Germany. SV Hotel Group will oversee the North Cluster (including Moxy Berlin Airport, Moxy Dresden Neustadt, Moxy Dortmund, Residence Inn Dortmund, Moxy Essen, Residence Inn by Marriott Essen).
The South Cluster (including Moxy Frankfurt Eschborn, Moxy Frankfurt Airport, Moxy Ludwigshafen, Moxy Munich Messe, Moxy Munich Airport, Moxy Stuttgart Feuerbach) is also currently under advanced negotiations with another highly regarded German operator.
All properties will remain within Vastint’s portfolio.
SV Hotel is part of SV Group (founded in 1914), a leading gastronomy and hotel management group based in Dubendorf (Zurich) operating 23 properties in Germany and Switzerland including 8 Moxy hotels.
Up to now the hotels are managed by one of Vastint’s twelve divisions, which will continue its outstanding management of Moxy Berlin Ostbahnhof in Germany.
Vastint’s core mission is to create long-term value through strategic property investments. Our focus on developing commercial and residential real estate for active management remains steadfast. As our hotels have reached maturity, we have made the strategic decision to return to our core business in Germany, facilitating balanced growth across our operations.
This transition marks a significant milestone for Vastint, paving the way for continued success and hotel development. By entrusting these other operators, both of whom have stellar reputations and a strong presence in the region, we are confident that our properties and their staff will continue to thrive under their expert management.