Leonardo Hotels acquires Zien Group and its 12 hotels in the Netherlands. Acquisition expands Leonardo Hotels’ portfolio to 28 hotels in the Benelux

This acquisition transforms Leonardo Hotels into one of the leading hotel groups in the region, increasing its Benelux portfolio to a total of 28 hotels. The deal includes five hotels in Amsterdam, as well as properties in key cities such as Rotterdam, The Hague, Eindhoven, Groningen and Maastricht – reinforcing Leonardo Hotels Benelux’s strong growth strategy.

Through this acquisition, 1,522 hotel rooms will be added to the Leonardo Hotels portfolio, bringing the total number of rooms in the Netherlands and Belgium to 4,161. The acquisition includes the transfer of several well-known Amsterdam hotels, including the iconic Eden Hotel, The Lancaster Hotel and The Manor. The transaction is expected to be finalised in the first half of Q3 2024 and is subject to the completion of merger clearance procedures and the works council consultation process.

Alexander Kluit, Managing Director of Leonardo Hotels Benelux, welcomed the deal:

“Zien’s hotels are a seamless match with Leonardo Hotels’ vision of welcoming guests in unique and often centrally located properties. We see many similarities in the passionate way these hotels have been managed and look forward to strengthening our brand alongside our new colleagues.”

Ronen Nissenbaum, CEO of Leonardo Hotels UK, Ireland, Benelux, Spain and Portugal, added:

“We’re excited about this acquisition in the Netherlands, which brings our total number of hotels in the Benelux to 28. Our group has experienced impressive growth in recent years, now operating over 300 hotels in 21 countries. Additional acquisitions will be announced in the coming weeks.”

About Fattal Hotels Group

Fattal Hotels is a fast-growing international hospitality group, owning and operating more than 300 hotels across over 120 destinations worldwide, with a total of over 50,000 rooms. With a strong presence in 21 countries – including Germany, the UK & Ireland, Poland, Israel, Spain, the Netherlands, Austria, Italy, Greece, Cyprus, and France – the group continues to expand its global footprint across prime locations. Fattal Hotels offers a diverse portfolio with leading brands such as Leonardo Hotels, Leonardo Royal Hotels, NYX lifestyle hotels, and all-inclusive resorts under the Leonardo brand. The Leonardo Limited Edition collection showcases a selection of uniquely curated and beautifully designed hotels.

About Leonardo Hotels

Founded in 2006 as the European division of the Fattal Hotel Group, Leonardo Hotels has since become a prominent name in the hospitality industry. With a diverse portfolio including Leonardo Hotels, Leonardo Royal Hotels, Leonardo Boutique Hotels, Leonardo Limited Edition Hotels and NYX Hotels, the group provides a range of unique experiences tailored to the modern traveller. Today, the group owns and operates more than 300 hotels in 21 countries.

For media enquiries, please contact:

Marit de Vlaam, Director of Marketing & Communications

marit.devlaam@leonardo-hotels.nl .