The news broke this morning via financial media: Motel One founder Dieter Müller is selling a majority stake in his company to the French private equity group PAI Partners. The European financial investor is taking over 80% of the operating business of the Munich hotel chain, as the two companies announced. hospitalityInside spoke spontaneously with Dieter Müller.
Since announcing its new record turnover of 852 (previous year: 639) million euros today, Motel One is on its way to the IPO. The company value has thus risen to 4.1 billion euros thanks to a share buyback.