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Event
Platform:
Event
Year Established:
2012
Sector:
Hospitality
Region:
Germany/Italy
Total Capitalization:
$175 million

Realized investment

Investment Highlights

  • Following the Global Financial Crisis, European hospitality experienced weak operating performance and a soft investment market.
  • Alpine Grove established a European hospitality platform focused on well-located business-oriented 4-star hotels in need of capital improvement.
  • Event acquired hotel properties in Germany and Italy and executed comprehensive renovations, improving offerings and amenities.
  • Event managed the hotels until stabilization and achieved high operating margins.
<p><strong>Hamburg Hotel</strong>, Hamburg</p>
<p><strong>Pullman</strong>, Munich</p>
<p><strong>Pullman</strong>, Munich</p>

Hamburg Hotel, Hamburg

Pullman, Munich

Pullman, Munich

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