Honestis completed the acquisition of Dorint Parkhotel Bad Neuenahr from Pandox.

Honestis, a financial holding company investing in businesses related to hospitality and real estate, completed the acquisition of Dorint Parkhotel Bad Neuenahr from Pandox, a property management company engaged in ownership and management of hotel properties. Financial terms were not disclosed. "We are delighted to return to our traditional location and thus contribute to the reconstruction and revitalization of the region, which was severely hit by the catastrophic flood more than four years ago," Dirk Iserlohe, Honestis CEO.