
New to Germany? Avoid These Common Health Insurance Mistakes
Section: Health Insurance
A significant shift in the hospitality industry has occurred as PAI Partners, a European financial investor, has acquired an 80% stake in the Motel One hotel chain, valued at approximately EUR3.5 billion. This acquisition marks a major development for the Munich-based hotel group, which was founded in 2000 and currently operates 99 hotels across 13 countries, offering nearly 28,000 rooms.
Dieter Müller, the founder of Motel One, will retain his position as CEO and maintain control over the company's real estate division, which has recently been separated from the operational business. While the specific terms of the transaction were not disclosed, the deal represents a significant investment in a company that has shown considerable growth and potential in the competitive hotel market.
Müller expressed enthusiasm about the partnership with PAI Partners, highlighting the investor's extensive experience in the hospitality sector. He anticipates that this collaboration will accelerate the international expansion of Motel One, paving the way for the next chapter in the company's development.
PAI Partners has emphasized its commitment to leveraging the current momentum of Motel One to support its next phase of growth. The transaction is expected to be finalized in the second quarter of this year, further solidifying the investor's presence in the hospitality sector.
This strategic investment aligns with PAI's broader portfolio, which includes interests in various hospitality-related ventures, such as the European Camping Group and past involvement with B&B Hotels.
Section: Health Insurance
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Section: Health Insurance
Health Insurance in Germany is compulsory and sometimes complicated, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.
Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.
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