Date: December 2018
Location: Oberhof, Thuringia, Germany
Name: Treff Hotel Panorama
No. of Keys: 488
Seller: H-Hotels Group. An intersting company with around 50 hotels in Germany, 6 in Switzerland, 4 in Austria and one in Budapest, under the Hyperion, H2, H4, H+ and H.ostels brands. President is Siegfried Hansen and the business is run by Alexander Fitz and his board and sponsors six German football clubs!
Buyer: Berlin company Ahorn Hotels & Resorts is buying the 1969 hotel, designed in the shape of two ski jumps, It has a wellness area with a fitness room, and an event hall. The handover is scheduled for December 4th. With this takeover, Ahorn will operate six hotels in the three-star superior and four-star categories with a total of 2,136 rooms.
Mayor Thomas Schulz sees the change of ownership with a view to the further development of the hotel positively, also in relation to the Biathlon World Cup 2023.
The Panorama Hotel needs renovation. Lately, the negative guest reviews on the popular booking portals have accumulated. The 15-storey hotel, whose form is based on two ski jumps, was opened in 1969 and quickly became one of the most popular hotels in the GDR.
THPT Comment: One forgets that the old GDR has some very horrid hotels in it’s day! Glad to see this one will get the modernising treatment.
First Seen: MDR.de