Munich Hotel Partners Operate hotel and aquire brand MOOONS in Vienna
Munich Hotel Partners GmbH (MHP), will open its second hotel in Vienna in the fourth quarter of 2021. For this purpose, MHP concluded a lease agreement for the operation of Hotel MOOONS in a prime location at Vienna’s main train station with direct connections to the city center and the airport. The contractual partner is Real I.S. AG, a member of BayernLB and the Sparkassen-Finanzgruppe, which acquired the hotel property on behalf of a German pension fund.
As part of the overall transaction, MHP also acquired the MOOONS brand, which stands for “smart luxury” boutique hotels with striking design, urban lifestyle and internationality. The hotel, originally designed by the Bridge Group and Viennese architects Moser Architects, is thus the first hotel to be opened by MHP under its own MOOONS brand.
It offers 170 rooms in a high-quality design, a restaurant with 156 seats indoors and outdoors, and a spectacular rooftop bar with 60 seats and a view over downtown Vienna. The initially planned opening date last year had to be postponed due to the COVID- 19 pandemic. MHP already operates Le Méridien Vienna in the Austrian capital.
“MOOONS Vienna not only aims to inspire discerning business and leisure travelers, but is also set to become an urban hotspot,” said MHP Managing Director Michael Wagner. “We are certain that the MOOONS concept will enrich Vienna’s hotel and gastronomy scene.”
“The acquisition of the premium and boutique brand MOOONS provides MHP with additional growth options with its own hotel brand,” added MHP Managing Director Dr. Jörg Frehse. “This is another important step in our expansion strategy, which we intend to implement as a soon-to-be listed company.”
As reported, MHP is securing future growth on the capital side through the planned stock market listing. To this end, it is planned to contribute all shares in MHP GmbH to Lifespot Capital AG, Munich, which is already listed on the Munich open market. The necessary process steps are proceeding according to plan and should be completed by the end of this year.
Only a few days ago, MHP announced that it had acquired the former Swissotel Basel together with the US private equity company H.I.G Capital and concluded a long-term management contract for the hotel operation. Following extensive modernization, the hotel will reopen in the first half of 2022 as the “Marriott Hotel Basel”. In addition, the “Hotel Luc” on Berlin’s Gendarmenmarkt, which is also operated by MHP, is expected to open in the fourth quarter of 2021 as a member of the Marriott Autograph Collection following a fundamental modernization.
MHP was advised on the transaction in Vienna by the law firms Wiedenbauer Mutz Winkler & Partner Rechtsanwälte GmbH, Vienna, Jung & Schleicher Rechtsanwälte, Berlin, and NWT Wirtschaftsprüfung & Steuerberatung GmbH.
The MHP Group is one of the leading German hotel providers and has established itself in acquiring existing premium hotels. MHP currently operates four Le Méridien brand hotels in Germany and Austria in Hamburg, Stuttgart, Munich and Vienna, as well as the Sheraton Düsseldorf Airport Hotel. All hotels are operated under franchise agreements with Marriott, the world’s largest hotel group.