Core
grows exponentially via the brand still owned by H World Hospitality, which
keeps the Zleep hotels outside of Denmark.
KASTRUP,
Denmark – Danish hotel company Zleep Hotels A/S, currently with 14 hotels, is
merging with the third-party hotel management company Core Hospitality A/S,
creating the fourth largest hotel operating company from Denmark.
While
the German hotel group Deutsche Hospitality (recently rebranded as H World
International) owns 100% of the Zleep Hotels brand, Core Hospitality now owns
100% of the operations in Denmark, which will give it greater leverage due to
increased scale.
Eight
Zleep hotels open outside of Denmark will stay with H World International.
Combined,
the new management company will continue as Core Hospitality, signifying its
multi-brand strategy as a white-label hotel operator.
Altogether,
Core Hospitality now operates 19 hotels (2,288 rooms) across five brands: 14
Zleep Hotels in Denmark, two Moxy Hotels in Norway, a Fairfield by Marriott and
a Residence Inn by Marriott in Copenhagen as well as the Kirk Suites in Vejle.
“It
was also my dream to be a white-label hotel operator. Now we truly are with
five brands – and more to come,” said Core Hospitality CEO Peter Haaber.
After
the merger, Core Hospitality becomes the sixth largest operator in Denmark; it
employs approximately 500 people across the organization; and has a pipeline
with two additional hotels – the Moxy Aarhus and Zleep Glostrup with a total of
340 rooms.