Leonardo Hotels Central Europe Acquires Four Former Revo Hotels, Adding 1,040 Rooms Across Berlin, Düsseldorf and Dortmund

Leonardo Hotels Central Europe has simultaneously acquired four hotels in Germany, adding 1,040 rooms across Berlin, Düsseldorf and Dortmund in a transaction drawn from the restructuring of the insolvent Revo Hospitality portfolio. The company announced the deal on Sept. 15, 2026, describing it as a continuation of its expansion strategy in major German business and leisure markets.

The four properties — two in Berlin's Alexanderplatz district, one in Düsseldorf and one in Dortmund — represent different segments of Leonardo Hotels' brand architecture and collectively strengthen the group's footprint in what it describes as important urban destinations for business, meetings, incentives, conferences and exhibitions (MICE), and leisure travel.

Berlin: Two Adjacent Hotels, 624 Rooms at Alexanderplatz

The largest share of the new inventory is concentrated in Berlin, where two neighboring hotels on Karl-Liebknecht-Strasse bring 624 rooms to the Alexanderplatz submarket. The additions lift Leonardo Hotels' Berlin portfolio to nine properties.

The Hotel Berlin Alexanderplatz by Leonardo Hotels, located at Karl-Liebknecht-Str. 32a, is the former H4 Hotel Berlin Alexanderplatz. It will initially operate as a white-label property while Leonardo completes its integration process before full incorporation into the brand portfolio. The 336-room hotel includes suites, a restaurant, a bar, a gym and sauna area, and 13 function rooms with combined capacity for more than 700 people, positioning it as a primary option for corporate and MICE demand.

Directly adjacent, at Karl-Liebknecht-Str. 32, the Leonardo Smart Berlin Alexanderplatz is the second hotel to open under Leonardo Hotels' Leonardo Smart brand. The former H2 Hotel Berlin Alexanderplatz offers 288 rooms, a breakfast restaurant, a mini market, a bicycle rental service and parking facilities. Four-bed rooms are available for families and groups. The Smart concept is designed around operational efficiency and broad accessibility, and its Alexanderplatz location places guests within walking distance of the Berlin TV Tower and with direct access to the city's public transport network.

North Rhine-Westphalia: Smart in Düsseldorf, Royal in Dortmund

In North Rhine-Westphalia, Leonardo Hotels is deploying two distinct brand concepts across its two new properties.

The Leonardo Smart Düsseldorf, the former H2 Hotel Düsseldorf, adds 250 rooms to the group's Düsseldorf portfolio and marks the first Leonardo Smart property in the state. The hotel is situated approximately one kilometer from Düsseldorf's main railway station and five kilometers from the airport. Amenities include a restaurant with 280 seats, a bar and car parking, along with double and twin rooms, multi-bed rooms accommodating up to four guests, and accessible rooms for guests with disabilities. The acquisition brings Leonardo Hotels' total presence in the North Rhine-Westphalia state capital to five properties.

The Leonardo Royal Dortmund, the former Steigenberger Dortmund, adds 166 rooms and suites and represents the group's second hotel in that city. The property is positioned directly opposite Dortmund's Trade Fair and Congress Centre, reinforcing its orientation toward business and MICE segments. Facilities include a restaurant with a sun terrace, a bar, a spa area with sauna, steam bath and fitness facilities, and six meeting rooms with capacity for up to 200 people. Westfalenpark and SIGNAL IDUNA PARK are approximately two kilometers from the hotel. Major renovation works are scheduled for next year, encompassing a redesign of rooms and public areas.

Revo Hospitality Restructuring Drives Opportunity

The four properties are among the former Revo Hotels that became available through the restructuring of Revo Hospitality's insolvency. Leonardo Hotels is reported to be taking over 22 Revo hotels in total, with additional properties expected to join its portfolio in the weeks following this announcement. The broader Revo restructuring involved 178 insolvent hotels, with 154 sold or transferred to new owners or operators.

The transaction gives Leonardo Hotels access to established, operating properties in central urban locations without the timelines associated with new development — a consideration in a market where construction costs and financing conditions have constrained new hotel supply.

"Our acquisition of four hotels at the same time sends out a clear signal for our continued growth in Germany," said Yoram Biton, Managing Director of Leonardo Hotels Central Europe. "Berlin, Düsseldorf and Dortmund are attractive markets for us, and demand from different segments is strong. These new hotels will allow us to expand our offer and to welcome even more guests to these important locations. We will also be bolstering our presence in the respective cities."

Brand Strategy and Market Context

The four acquisitions reflect Leonardo Hotels Central Europe's deliberate use of segmented brand positioning. The Leonardo Smart tier targets efficient, uncomplicated accommodation with appeal to families, groups and short-stay travelers, while the Leonardo Royal tier is oriented toward business travelers and MICE demand, with more extensive meeting and wellness facilities. The temporary white-label operation of the former H4 Berlin hotel indicates a phased integration approach rather than an immediate full brand conversion.

Germany's hotel market recorded approximately 497.5 million overnight stays in 2025, a record level. Nationwide occupancy reached nearly 68% that year, up 0.7 percentage points year over year, while average daily rate declined approximately 1.8% to €117. Performance varied by city: Düsseldorf's hotel RevPAR declined 22.2% in the first half of 2025, largely due to trade-fair calendar timing, underscoring the value of properties with diversified room types and meeting capacity that can capture both event-driven and leisure demand.

German hotel investment activity also showed signs of recovery, with nearly €2 billion in hotel transactions recorded in 2025, roughly half of which was concentrated in the seven largest markets, with Berlin leading transaction volume.

Leonardo Hotels Central Europe indicated that additional former Revo Hotels properties will be added to its portfolio in the coming weeks.

Sources

Leonardo Hotels — Leonardo Hotels takes over four hotels in one go (Sept. 15, 2026)