Steigenberger Hotel Conti Hansa in Kiel to remain in the Steigenberger Hotels and Resorts portfolio for the long term

Steigenberger Hotels AG has made early arrangements to secure a long-term extension to the agreement for the Steigenberger Hotel Conti Hansa in Kiel. This means that the hotel will form part of the Steigenberger Hotels and Resorts portfolio until at least 2036. An extensive renovation programme has also been agreed with the building’s owner Internos Global Investors. Renovation works will bring the hotel up to the enhanced standards that now apply following the further development of Steigenberger Hotels and Resorts.

The Steigenberger Hotel Conti Hansa in Kiel has belonged to the Steigenberger portfolio since 1991. Its proximity to the Kiel Fjord creates an attractive destination for leisure and business travellers alike. Jürgen von Massow, Vice President of Steigenberger Business Hotels, added, “The Steigenberger Hotel Conti Hansa in Kiel has been part of our portfolio for almost three decades. We are therefore particularly pleased that the agreement will be extended for a further period of almost 20 years and that the hotel will soon feature a resplendent new look.” Jochen Schaefer-Suren, Partner and Head of Hotels and Leisure Division of Internos Global Investors, explains: “Internos acquired the Steigenberger Hotel Conti Hansa in Kiel for its first Internos Hotel Real Estate fund I at the end of 2016 with the strategy to invest in this hotel to increase its value and support our tenant, the Steigenberger Hotels AG.”

About Deutsche Hospitality

Steigenberger Hotels and Resorts is a Deutsche Hospitality brand. It represents the epitome of luxury and perfect hospitality. Visitors can choose from historic hotels rich in tradition, lively city residences and health and beauty oases at the very heart of nature. The portfolio encompasses 60 hotels in eleven countries in Europe, Asia and Africa. Further Deutsche Hospitality brands include Jaz in the City, which reflects the metropolitan lifestyle and draws upon local musical and cultural scenes. The first Jaz hotel opened in Amsterdam in 2015. And IntercityHotel offers more than 40 upper mid-range urban hotels, all of which are located within easy walking distance of railway stations or airports.