NOVUM Hotel Group Acquires Hotel Strijewski in Wolfsburg, Germany
WOLFSBURG, GE. February 18, 2016 - We are pleased to announce the acquisition of the Hotel Strijewski in Wolfsburg by the NOVUM Group, to be introduced on 1st July 2016.
The Hotel has a restaurant with a pub, summer terrace and a Club room for conferences and family celebrations.
The Hotel will be operated as wholly-owned subsidiary. All personnel will be retained.
“With this acquisition, we make another important step in our ambitious geographical expansion to 85 hotels until the year 2020,” says David Etmenan, CEO of the NOVUM Group.
Strategically, acquisitions play an essential role in the company's development - both the organic as well as the external growth have significantly contributed to our success in the past.
About NOVUM Hotel Group
With currently 65 Hotels and approx. 5.700 rooms in 17 cities in Germany, the family-owned NOVUM Hotel Group belongs among the largest German hotel corporations.
The Group was founded in 1988 and has been on a solid growth rate since 2004. Thanks to the guidance of David Etmenan, it has a dynamic presence in the German market.
The hotels 3 und 4-star items in central locations and are operated under three brands.
Further information on the NOVUM Hotel Group can be found at http://www.novum-hotels.de/
Contact:
[email protected]