Motel one profits hit €156m amid record revenues
Hotel Owner
APRIL 16, 2024
The purchase price of €1.25bn (£1bn) represents an implicit company value of €4.1bn (£3.5bn). Proprium had held a minority share in Motel One GmbH since 2007, which it acquired in a capital increase. The deal was closed on 2nd April 2024.
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