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Hotel chain Fletcher acquired by international hotel operator

Hotel chain Fletcher acquired by international hotel operator

The Dutch hotel chain Fletcher Hotels has been acquired by international operator Sunday PropTech. The deal includes the purchase of all shares from the previous owner, Egeria, and the company's management.

The Dutch hotel chain Fletcher Hotels has been acquired by the international operator and property owner Sunday PropTech. The deal involves the full purchase of the company from its previous owner, the investment firm Egeria, and Fletcher's management team. Financial details regarding the acquisition were not disclosed in the official announcement.

Founded in 1997, Fletcher Hotels has established itself as the largest hospitality group within the Netherlands. The company operates a extensive portfolio consisting of 170 hotels across the country. This acquisition marks a significant transition for the group as it integrates into the international structure of Sunday PropTech, which specializes in managing premium hotel properties.

Based on reporting by ad. Translated and condensed by LocalHeadlines.

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