Leonardo Hotels Takes Over Four Former Revo Hotels in Germany, Two at Alexanderplatz

Leonardo Hotels Central Europe has taken over the operation of four hotels previously run by Revo Hotels: Hotel Berlin Alexanderplatz by Leonardo Hotels (formerly H4, 336 rooms), Leonardo Smart Berlin Alexanderplatz (formerly H2, 288), Leonardo Smart Düsseldorf (formerly H2, 250) and Leonardo Royal Dortmund (formerly Steigenberger, 166).

Transaction details: type, 20-year lease (not a sale of the property) · landlord, Aroundtown · rent, not disclosed · 1,040 rooms in total.

Parties: incoming operator, Leonardo Hotels Central Europe · outgoing operator, Revo Hotels · landlord, Aroundtown.

Analysis: landlords are quickly re-letting these hotels to an established operator on long terms. In Germany, the operator's covenant and the length of the lease drive value as much as the building itself.

Sources: Hospitality Net (16 Sep 2026) and HOGAPAGE (24 Sep 2026).