Maritim Hotelgesellschaft mbH

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Maritim Hotelgesellschaft mbH - overview

Established

1969

Location

Bad Salzuflen, -, Germany

Primary Industry

Travel & Leisure

About

Maritim Hotelgesellschaft mbH is a hospitality company that offers a wide portfolio of hotel accommodations, dining experiences, and event hosting services, primarily in Germany and select international locations. Founded in 1969 and headquartered in Bad Salzuflen, Germany, Maritim Hotelgesellschaft mbH specializes in hotel operations. The firm has undergone strategic growth to enhance its service offerings but has no known pivots or mergers. The current CEOs are Erik Van Kessel, René Halla, and Roland Elter.


In 2010, the company received mezzanine financing from VR Equitypartner, with financial terms undisclosed. Maritim Hotels operates a comprehensive portfolio of hospitality services, focusing on hotel accommodations, dining experiences, and event hosting across Germany and select international locations. The hotels are strategically located in urban centers, near airports, and coastal areas, providing amenities such as upscale restaurants, meeting facilities, and leisure services for both leisure and business travelers. The MyMaritim loyalty program enhances customer engagement and retention by allowing guests to collect points for future stays.


In the most recent fiscal year 2023, Maritim Hotels reported a revenue of EUR 408. 15 mn and an EBITDA of EUR 58. 38 mn. The company generates revenue primarily through direct hotel bookings and the MyMaritim loyalty program, focusing on B2C transactions via its website and reservation centers.


Maritim Hotelgesellschaft mbH intends to leverage its existing services while exploring opportunities for future growth. The company is evaluating new product offerings that cater to evolving market needs, although specific launch dates are not disclosed. It is also looking to expand into new geographic regions, with a focus on enhancing its presence both domestically and internationally. Financing from the 2010 deal will likely support these initiatives, allowing the company to implement growth strategies effectively.


Current Investors

VR Equitypartner

Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Hotels & Accommodations

Website

www.maritim.com

Company Stage

Mature - Growth Capital

Total Amount Raised

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Maritim Hotelgesellschaft mbH - timeline of key events

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Maritim Hotelgesellschaft mbH - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
N/ACompletedMaritim Hotel Düsseldorf-
GrowthCompletedMaritim Hotelgesellschaft mbH-

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Maritim Hotelgesellschaft mbH - employee data

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