CMS provided comprehensive legal advice to the Motel One Group on the acquisition of the two Austrian hotels. Johannes Hysek led the team responsible for the legal aspects of the transaction, alongside Mariella Kapoun-Reiter. Dieter Zandler and Alexander Sommergruber provided support on Austrian antitrust law issues and Christoph Soltau and Denis Schlimpert provided anti-trust advice in Germany.
Through this acquisition, Motel One will expand its portfolio in attractive metropolitan regions. The hotels, which are currently operated under the Flemings brand, will undergo renovations and redesigns while still operating, before reopening under the Motel One and The Cloud One Hotels brands in 2026. As part of the transaction, the Flemings hotels' employees will be retained, while the properties will remain in the possession of the previous owners.
Johannes Hysek, lead partner at CMS Vienna, comments: 'We are delighted to support the Motel One Group in this important strategic expansion in the DACH region. The successful collaboration of all the teams involved, particularly with Motel One's legal department led by Stefan Richtsteiger, once again demonstrates the importance of integrated legal advice for complex cross-border transactions. Thank you for your trust!'
This transaction highlights CMS's strength and expertise in advising internationally active hotel groups and in handling complex real estate transactions. The seller was provided with legal advice by the Austrian law firm Barnert Egermann Illigasch (Arabella Eichinger and Isabella Hartung) and the German law firm GSK Stockmann.
Core team CMS Austria
Johannes Hysek, Partner, Real Estate & Construction
Mariella Kapoun-Reiter, Partner, Real Estate & Construction
Clara Puczynski, Associate, Real Estate & Construction
Team CMS Austria
Dieter Zandler, Partner, Antitrust, Competition & Trade
Alexander Sommergruber, Associate, Antitrust, Competition & Trade
Team CMS Germany
Christoph Soltau, Partner, Antitrust, Competition & Trade
Denis Schlimpert, Counsel, Antitrust, Competition & Trade
About the Motel One Group
Founded in 2000 and based in Munich, the company has received multiple awards for its concept and is widely regarded as the pioneer of the budget design hotel category. It currently operates 100 hotels with 28,197 rooms in 13 countries. In 2022, Motel One GmbH launched its second lifestyle brand: The Cloud One Hotels. For more information, visit motel-one.com
About Flemings Asset Management
Flemings Asset Management GmbH is based in Frankfurt am Main and manages and develops a high-quality portfolio of 40 commercial, hotel and residential properties in prime city center locations in major German and Austrian cities. Its comprehensive range of services includes asset, property and facility management from a single source. For further information, visit flemings-assetmanagement.com