MHP Hotel AG, a hospitality player listed on the m segment of the Munich Stock Exchange, has partnered with HWS Immobilien- und Vermögensverwaltung GmbH, the family office of the Schommartz family, to acquire the Le Méridien Stuttgart hotel.

With this acquisition, MHP strengthens its co-investment strategy and reinforces its presence in the upscale segment, aiming to solidify its position in the seven key German hotel markets by 2028.

Located in the heart of Stuttgart, just next to the Schlossgarten park, Le Méridien has 293 rooms. MHP has been operating the hotel since 2017 and plans an extensive modernization in line with ESG (Environmental, Social, and Governance) criteria. The property will continue to operate under the Le Méridien brand, in partnership with Marriott International, which will help strengthen its position in both local and international markets.

“This acquisition ensures strategic continuity for Le Méridien Stuttgart while paving the way for our expansion. With this project and the future opening of a hotel in the Schlossgarten district, integrated into the Marriott Autograph Collection, we aim to become the leader in the high-end and luxury segment in Germany.” — Dr. Jörg Frehse, CEO of MHP Hotel AG

“The Stuttgart 21 project, once completed, will place the hotel in an even more strategic position, with excellent connectivity to the airport and exhibition center. This acquisition also strengthens our diversification, going beyond simple hotel operations.” — Ralf Selke, CFO of MHP

The acquisition of Le Méridien Stuttgart was made from Union Investment, although financial details remain confidential. The process was supported by the law firms GSK Stockmann and Sailler von Dall’Armi Pöschl & Partner for MHP, and by DLA Piper for HWS.