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June 02, 2015 4:39 AM ET

Hotels, Restaurants and Leisure

Company Overview of Steigenberger Hotels AG

Company Overview

Steigenberger Hotels AG owns and operates hotels and resorts in Germany, Austria, Belgium, Switzerland, the Netherlands, Egypt, and China. The company operates first class and deluxe hotels. Its amenities include small meeting/event areas, conference rooms, and customized conference services; and a range of sports, and cultural and leisure activities. It serves corporate clients. The company was founded in 1930 and is based in Frankfurt am Main, Germany. It has regional offices in Austria, the United Kingdom, France, the Russian Federation, Poland, Spain, Italy, Czech Republic, Switzerland, Scandinavia, Finland, and Baltic. As of August 20, 2009, Steigenberger Hotels AG operates as a subsidi...

Lyoner Strasse 40

Frankfurt am Main,  60528

Germany

Founded in 1930

Phone:

49 69 665 64 01

Fax:

49 69 665 64 88 8

Key Executives for Steigenberger Hotels AG

Chief Executive Officer and Member of Executive Board
Age: 50
Chief Financial Officer, Director of Human Resources, Labour Director, Member of Executive Board and Director
Chief Operating Officer and Member of Executive Board
Deputy Chairwoman of Supervisory Board and Head of Group Insurance
Managing Director of Scandinavia, Finland & Baltic's
Compensation as of Fiscal Year 2014.

Steigenberger Hotels AG Key Developments

Steigenberger Hotels AG Signs Agreement for a Fifth Hotel in China

Steigenberger Hotel Group announced that an agreement has now been signed for a fifth hotel in the country to be located in the multi-million eastern metropolis of Taizhou. The Steigenberger hotel in Taizhou will be housed in the top twelve storeys of the 300-metre City Towers, which will then become the city's tallest structure. More than 200 rooms and suites will be available to guests, whilst an events centre extending over an area of 750 m2 will offer several conference, seminar and meeting rooms. The whole of the 61st floor will be given over to a health and beauty spa facility which will be over 1,000 m2 in size have its own gym and treatment areas. Culinary facilities in the form of several international restaurants will be installed on the 2,000 m2 top floor. There are also plans for a Lobby Bar and German Café Lounge. The hotel is scheduled to open in the fourth quarter of 2017.

Steigenberger Hotels AG Announces Sales Results for the First Quarter of 2014

Steigenberger Hotels AG announced sales results for the first quarter of 2014. For the quarter, the company reported that its sales went up by 11.6% to €121.6 million.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 18, 2014
Steigenberger Europäischer Hof
 

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