Apollo now officially part of the Fattal family after €160m deal completes

The €160m takeover of 13 Apollo Hotels first agreed at the end of June is now officially complete. Israel-based Fattal Hotel Group, which operates 150 hotels in 85 destinations, has named Alexander Kluit, former area manager of Apollo Hotels, as managing director, the Netherlands & Belgium. In Europe, the Fattal Hotel Group operates under the flag of Leonardo Hotels. As a result of the takeover, the hotels in the Netherlands and Belgium will collaborate as a cluster. Besides the 13 Dutch Apollo Hotels still managed under the existing brand, Alexander Kluit will also become responsible for the Leonardo Hotels in Amsterdam, Antwerp and Charleroi. “Last Friday, our management teams became acquainted with our new colleagues and we bade a proud farewell to our founders, Willem-Jan van den Dijssel, Bas Tolmeijer and Francesco Monaco. It is so amazing what they achieved together. From literally nothing to become one of the largest hospitality enterprises of the Netherlands. And so, our organisation was ready for the next major step,” said Kluit. The new MD added: “We are driven by great ambitions for growth and strive for unique quality standards in personal service.” Daniel Roger, managing director of Fattal Hotel Group, Europe & UK, said: “The takeover of 13 Apollo Hotels is a new and important step forward in the growth of Fattal Hotel Group, since the takeover of 36 Jurys Inn brand hotels in Great Britain and Ireland at the end of 2017.” Roger noted the new Leonardo Royal Hotel would open in Amsterdam in spring 2019, increasing the group’s portfolio in the Dutch capital to four Apollo Hotels and two Leonardo Hotels, comprising more than 1,500 rooms.