A&O acquires Hotel Fortuna Luna in Prague

9th may 2012 – A&O HOTELS and HOSTELS officially acquire on June 1st 2012 the Hotel Fortuna Luna in Prague. “We have concluded a long-term lease with the former owner and operating company CPI and will invest in the upcoming 10 years about 3.5 million euros in this hotel. We keep all existing reservations in order to guarantee a smooth transfer”, states Oliver Winter, General Manager at A&O.

The immediate schedule will be the renovation of the A&O lobby, kitchen, and breakfast area and the modernisation of the fire protection system according to highest A&O standards. Until end of 2012 we plan to have modernized and completed the first rooms true to A&O standard, an entertainment corner for children, free Wi-Fi, a new round-the-clock bar service and the characteristically known A&O lounge. At the moment the Hotel Fortuna Luna has 500 beds in 308 rooms. A&O plans the integration of further 150 bathrooms until 2015. Upon this renovation the hotel will offer its guests about 800 beds. Our interested readers find further information on the following website www.aohostels.com or may call the free call number 0800 – 222 67 14.

A&O HOTELS and HOSTELS were founded in 2000 and are, with 20 locations in 11 cities (Berlin, Dortmund, Dresden, Düsseldorf, Hamburg, Cologne, Leipzig, Munich, Nürnberg, Prague and Vienna), now the largest independent hostel provider in Europe. The A&O group recorded more than 1.8 million overnight stays as well as a turnover of nearly EUR 45.4 million in 2011 and currently has a growth rate of 20 percent p.a., further houses are being planned. Around 5000 class outings a year use he hostel section of the chain, 70 percent of the guests book their stays online. The target groups of A&O are leisure/ city tourism (30 percent), groups/ class outings (60 percent) and business tourism (10 percent). The company educates apprentices in all locations. Ten hostel parts (orange line) are already certified with a four-star QMJ rating (quality management system for child and youth travel), the other houses are in the process of certification.

A&O actively support SOS children’s villages since 2004 and youth sports with the girls (E-Jugend) of the 1. FC Union Berlin since 2010 as well as the German National Floorball Teams.

For photos please see: http://picasaweb.google.de/aohostel