Barcelo Sells Five-Star Brno Hotel to Czech Inn Hotels Group
Deal News | Feb 05, 2025 | CEE Legal Matters
PRK Partners, a legal advisory firm, has counseled Barcelo, a global hotel chain, in its transaction involving the sale of a five-star hotel located in Brno. This asset is being transferred to Czech Inn Hotels Group, a Czech Republic-based hospitality operator renowned for managing 26 hotels across the nation. The transaction is indicative of Barcelo's strategic maneuvers within the hospitality sector and positions Czech Inn Hotels to enhance its footprint in the luxury segment. The advisory role at PRK Partners was spearheaded by Partner Roman Pecenka, further exemplifying the firm's capabilities in managing significant real estate transactions.
Sectors
- Hospitality
- Real Estate
- Legal Advisory
Geography
- Czech Republic – The transaction took place in the Czech Republic, involving a hotel in Brno and the Czech Inn Hotels Group, a local operator.
Industry
- Hospitality – The article involves the sale of a hotel property, making it pertinent to the hospitality industry.
- Real Estate – The sale of a hotel involves real estate transactions, classifying it within the real estate sector.
- Legal Advisory – PRK Partners provided legal advisory services for the transaction, highlighting the role of the legal sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Barcelo | Selling Company | Company | A global hotel chain selling a five-star hotel in Brno. |
| Czech Inn Hotels Group | Bidding Company | Company | A hospitality operator managing 26 hotels in the Czech Republic, purchasing the Brno hotel. |
| PRK Partners | Legal Advisor | Company | A legal advisory firm advising Barcelo on the sale. |
| Roman Pecenka | Lead Partner | Person | Partner at PRK Partners leading the legal advisory team. |