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Announced

Completed

Dalata Hotel Group completed the acquisition of American Hotel Exploitatie from Zien Group.

Synopsis

Dalata Hotel Group, an owner and operator of a chain of hotels, completed the acquisition of American Hotel Exploitatie, a hotel operating company, from Zien Group, a company created to hold owned and operated hospitality businesses. Financial terms were not disclosed. "We are delighted to have secured our first Clayton hotel in Amsterdam. The American Hotel has a renowned reputation in the city and we will continue to protect and enhance that with our Clayton brand. I offer an especially warm welcome to the hotel staff today, as they join the wider Dalata family," Dermot Crowley, Dalata CEO.

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