What's Happening?
Leonardo Hotels Central Europe is pursuing expansion by investing in new hotels, upgrading its existing portfolio, and developing innovative brands. The company has launched Partnership III, which began in January 2024 with an investment volume of €419 million, rising to €542 million by January 2025. Leonardo Hotels has acquired 30 hotels across several European countries, including the Netherlands, France, Spain, Italy, Germany, Ireland, and the UK. The company is expanding its lifestyle segment with the NYX Hotels brand, offering urban design and creative concepts for modern travelers. The new NYX Hotel Rome is scheduled to open this autumn.
Why It's Important?
Leonardo Hotels' expansion reflects a strategic effort to strengthen its presence in the European hospitality market. The company's focus on lifestyle and limited edition offerings caters to the growing demand for unique and personalized hotel experiences. This expansion is likely to enhance Leonardo Hotels' competitive position, attract a diverse clientele, and drive growth in the hospitality sector. The investment in new markets and the leisure segment further underscores the company's commitment to sustainable growth and innovation.
What's Next?
Leonardo Hotels plans to establish a further partnership in 2026, similar to Partnership III, to continue its expansion. The company aims to reinforce its leisure segment by investing in attractive destinations in Germany, Italy, Croatia, and France. The strategic outlook includes expansion in France, targeting cities like Paris, Marseilles, and Lyon, and entering new markets such as Scandinavia, Serbia, and Croatia.
