PAI Partners, a pre-eminent private equity firm, has agreed to enter into a proprietary partnership with a consortium led by Dieter Müller for Motel One Group.

The group portfolio grows to 125 hotels with more than 35,000 rooms.

The Motel One Group continues its success story and closes the 2023 financial year with record sales of EUR 852 (639) million, an increase of around 33% on the previous year.

Q4 continues the positive trend of the previous quarter. Revenue increases to EUR 639 million (previous year: EUR 238 million).

With the opening of its first hotel in New York City, Motel One Group presents its new lifestyle brand The Cloud One Hotels.