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Hotel Erfurt

Acquired in 2006, IBB Hotel Erfurt was the very first German-acquired hotel in operation by IBB Hotel Collection. The four-star property, just 6 kilometers away from Erfurt Airport, is centrally located in a charming setting a stone throws away from the banks of the Gera River and the famous medieval Krämerbrücke bridge. The term for the franchise operations for the 91-room hotel ended in 2013 synonymously with the sale of the building.

Visit IBB Hotel Collection: www.ibbhotels.com

Investment Value

$ 6.8 million

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