JAN© Fusies & Overnames advised Inntel Hotels on the sale.

JAN© Fusies & Overnames advised Inntel Hotels on the sale.

Description

Inntel Hotels has sold Inntel Hotels Rotterdam Centre and MAINPORT by Inntel Hotels in Rotterdam to investor Annexum. The two hotels under one roof together have 480 rooms. This makes them one of the top 10 hotels in the Benelux in size and the largest hotel in Rotterdam.

Buyer Annexum will take over the hotel organization including the real estate and all movable property. The current 200 employees will also come under the responsibility of Annexum. Until October 31, 2023, the hotels will remain operational under the name of Inntel Hotels. After a transition period of 2 months, the hotels will be operationally added to the portfolio of Cycas Hospitality.

JAN© Accountants and Advisors B.V. (JAN© Fusies & Overnames) guided and advised Inntel Hotels on the sale. JAN© Fusies & Overnames' deal team consisted of Jaap de Bruijn and Fleur van Tol (JAN© Lawyers), Camiel Lokkerbol (JAN© Fiscalists) and Mark Hilarius (JAN© Pension Advisors).

Quote by adviser

Karin Geurts, Managing Director Inntel Hotels: "The hotels have played an important role in the history of our hotel group. We are grateful for the commitment of all our colleagues. They have contributed enormously to the success. The decision to sell the hotels was not an easy one, but we are convinced that selling is in the interest of both the hotel group and the new owner."

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