Novum Group

NOVUM Hotel Group grows to 95 Hotels

David Etmenan - Chief Executive Officer & Owner of the NOVUM Group

Hamburg, 1st September 2016

NOVUM Hotel Group grows to 95 Hotels

  • Seven hotels in Dresden, Neuss and Düssedorf have been acquired on 1st September 2016
  • City hotels in key destinations
  • Acquisition of another hotel group

Another success for the NOVUM Group Hotels: The seven sleepNsmile Hotels have been acquired on 1st September 2016. The rapidly expanding hotel group‘s portfolio has now reached 95 hotels with more than 9,300 rooms at 29 locations in Europe.

David Etmenan - Chief Executive Officer & Owner der NOVUM Group

„The sleepNsmile Hotels fit perfectly into our portfolio. They are situated near top locations at interesting destinations. We will cautiously customize the existing hotels according to our corporate identity standards and implement our successful brand philosophy“, says David Etmenan, CEO of NOVUM Group.
The acquisition involves two hotels in Dresden, two hotels Neuss as well as three hotels in Düsseldorf.

  • Dresden:
    Novum Hotel am Bonhoefferplatz, Novum Hotel Dresden Airport
  • Neuss:
    Novum Hotel Viktoria, Novum Hotel Mirage
  • Dusseldorf:
    Novum Hotel Antares, Novum Hotel an der Kö, Novum Hotel an der Oper

In Germany, succession arrangements are lined up in the next years, concerning numerous private hotel companies. „We are considered a financially potent and, when it comes to booking know-how, an extremely strong partner for hotel operators and owners“, comments David Etmenan. The German hotel market is also very important for international investors. This year is expected to set another tourism record, with four percent more overnight stays than in the previous year.

NOVUM Group Press department
An der Alster 63, 20099 Hamburg

+49 40 600 808 336
presse@novumgroup.de

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ABOUT THE NOVUM GROUP
The NOVUM Group is a family-owned company, operating more than 153 hotels with over 18 450 rooms at 65 locations in Europe under the brand NOVUM Group Hotels. The hotels are 3 and 4-star properties in central locations, whose individual character is appealing to tourists and business travellers alike.

Under the name NOVUM Zinshaus, the NOVUM Group has set up a private real estate investment company and brings together all real estate activity of the NOVUM Group’s principals. NOVUM Zinshaus’ focus lies on the expansion of a profitable real estate portfolio – residential building as well as hotels – and a clearly defined appreciation strategy through a structured asset management.
NOVUM Flächenprofi offers a competent integrated solution for your individual construction, renovation and maintenance projects. From a competent consultation through a reliable execution to the long-term maintenance and controlling – our constant goal is your satisfaction. A wide range of services as well as highly-qualified employees set us apart and provide you with optimal results.
The NOVUM IT Solutions represents the in-house IT specialists of the NOVUM Group, who creates a professional and economical system infrastructure. The NOVUM IT Solutions therefore obtains a profitable work environment in both the individual hotels and the company headquarters.

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