H World International Explained

H World International
Type:Public
Foundation:1930
Location:Frankfurt, Germany
Key People:
  • Oliver Bonke (CEO)
Revenue:829.3 m EUR (2019)
Num Employees:10,742 (2019)[1]
Owner:Huazhu Hotels Group
Homepage:hworld.com

H World International, formerly branded Deutsche Hospitality and Steigenberger Hotel Group, is the umbrella brand of the German hotel chain company Steigenberger Hotels AG. Since 2020, it is a subsidiary of the Chinese Huazhu Hotels Group and operates hotels under several brands, including Steigenberger, IntercityHotel and Zleep Hotels.[2]

History

The company was founded by Albert Steigenberger in 1930 and was run as a family business by the descendants of the founder, who died in 1958.[3]

In 2009, the Egyptian travel and tourism company Travco Group acquired Steigenberger Hotels.[4] In 2016, the company was rebranded as Deutsche Hospitality.[5] [6] On 4 November 2019, it was announced that the Chinese Huazhu Hotels Group through one of their subsidiaries has purchased Deutsche Hospitality for 700 million Euro.[7]

Since 1 November 2020, Marcus Bernhardt has been CEO and chairman of the management board of Steigenberger Hotels AG/Deutsche Hospitality.[8]

In 2024, Deutsche Hospitality announced a rebranding and name change to H World International.[9]

Brands and locations

As of 2024, H World International manages and operates more than 100 hotels under the following brands:[10] [11]

Furthermore, there are currently three new brands in development, namely Steigenberger Porsche Design Hotels, House of Beats and Ji Hotel.[10]

External links

Notes and References

  1. Web site: Press release. www.deutschehospitality.com. 2021-01-19. 2021-01-14. https://web.archive.org/web/20210114184720/https://www.deutschehospitality.com/en/company/investor-relations. dead.
  2. https://int.hworld.com/about-us/heritage hworld.com - Heritage
  3. Web site: Company profile. www.deutschehospitality.com . 2021-01-19.
  4. News: Egypt's Travco buys German hotel firm Steigenberger. 20 August 2009. Reuters. 23 August 2009.
  5. Web site: Announcement of new name Deutsche Hospitality. www.deutschehospitality.com . 2021-01-19.
  6. Web site: Restaurant Steigenberger Belvdre in Davos Platz. 2017-07-20.
  7. Web site: Nasdaq-listed Huazhu Group acquires Deutsche Hospitality.
  8. Web site: Steigenberger Hotels AG/Deutsche Hospitality::Führungswechsel vollzogen: Neue Vorstände nehmen Amt auf. November 2, 2020.
  9. https://int.hworld.com/press/2024/rebranding-h-world-international - Deutsche Hospitality rebrands to H World International
  10. https://int.hworld.com/brands hworld.com - Brands
  11. https://hrewards.com/de/alle-hotels hrewards.com - All Hotels