M&A

Dertour buys out DSR Hotel Holding, taking full control of 34 hotels

What's the deal? Cologne-based travel group DertourDealroom has a profile for this one. Try Dealroom →, part of the Rewe GroupDealroom has a profile for this one. Try Dealroom →, is acquiring the remaining 25.1% of Rostock-based DSR Hotel HoldingDealroom has a profile for this one. Try Dealroom →, making it the sole owner. The stake comes from Deutsche Seereederei, a Rostock investment company that emerged from the former East German state shipping line. The purchase price was not disclosed.

What's the endgame? DSR Hotel Holding operates 34 resort hotels in Germany, Austria, and Italy, employing more than 2,700 people. Its portfolio includes five-star properties such as the "Neptun" in Rostock and the "Louis C. Jacob" in Hamburg, plus the brands A-Rosa Hotels, Aja, Henri, Urban Nature, and Mira.

Why now? The holding began in 2021 as a joint venture between Rewe Group and Deutsche Seereederei, which contributed 16 hotels. Dertour had already raised its stake to 74.9% in 2024 and now plans to take over the rest in August 2026.

What changes? Deutsche Seereederei exits the hotel business entirely with the sale. "We are handing over a successfully built hotel business into good hands," said Horst Rahe, its managing partner. Rahe and fellow Hamburg entrepreneur Nikolaus H. Schües bought the shipping line from the Treuhandanstalt in 1993.

The signal: Full ownership lets Dertour consolidate a growing resort portfolio under one roof, tightening the Rewe travel arm's control over branded holiday accommodation across three countries.

Read more: Die Zeit

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