Leonardo Hotels Central Europe, based in Berlin, has ambitious plans for expansion across Europe, with a particular focus on France, Scandinavia, Serbia and Croatia. The hotel chain, part of the Israeli Fattal Hotels Group, aims for an average annual growth rate of 10%.
In the past three years, the company has added over 40 hotels to its portfolio, positioning itself as a major player in the European hospitality market. Currently, the company operates 110 hotels across ten European countries, including Germany, Austria, Switzerland, Poland, the Czech Republic, Hungary, Romania, Spain, Italy, and France. Their portfolio includes several brands: Leonardo Hotels, Leonardo Boutique Hotels, Leonardo Royal Hotels, NYX Hotels, and Leonardo Limited Edition.
While the company has not disclosed which of these brands might enter the Serbian market, it has emphasized that its future investments will focus on the NYX Hotels and Leonardo Limited Edition brands. NYX Hotels cater to young, metropolitan travelers with a chic, modern style, while Leonardo Limited Edition offers a collection of exclusive hotels with unique histories and distinctive designs.
In addition to its expansion plans, Leonardo Hotels recently secured an investment of 419 million euros through the Fattal Partnership III fund. This investment has enabled the company to acquire 23 hotels across the Netherlands, France, Spain, Italy, Germany, Ireland, and the United Kingdom, totaling approximately 604 million euros. Notably, in July 2024, Leonardo Hotels purchased 12 hotels in the Netherlands for around 370 million euros.
