MHP Hotel AG Acquires Andaz Vienna and Plans Rebranding to Hyatt Regency

Reuters02-02
MHP Hotel AG Acquires Andaz Vienna and Plans Rebranding to Hyatt Regency

MHP Hotel AG has taken over the operational management of the Andaz Vienna am Belvedere hotel in Vienna, based on a franchise agreement with Hyatt. The 303-room property, centrally located in Vienna, will be rebranded as the Hyatt Regency Vienna starting in spring 2026. Simultaneously, the real estate was acquired by WestInvest Gesellschaft für Investmentfonds mbH, a subsidiary of DekaBank. MHP Hotel AG will operate the hotel under a long-term lease agreement with the new owner. For the current fiscal year, the company expects the hotel to contribute approximately 25 million euros in revenue. This transaction marks another milestone in MHP Hotel AG’s growth strategy following a capital increase in July 2025 to finance new hotel projects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MHP Hotel AG published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: adhoc_2269550_de), on February 02, 2026, and is solely responsible for the information contained therein.

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