GOLDMAN SACHS AND HIGHGATE BUY K+K HOTELS

A joint venture between Dallas-based hotel owner and operator Highgate Hotels and investment bank Goldman Sachs has purchased Austrian-based K+K Hotels from the Koller Family (which founded the business in 1961) for an undisclosed sum. The transaction includes K+K Hotels' management platform and its portfolio of ten four-star hotels in some of Europe's key cities (Barcelona, Budapest, London, Munich, Paris, Prague, Vienna and Bucharest).

Back