The purchase agreement signed at the end of March was legally completed on 24 May 2022. The 50 per cent stake in Aldiana GmbH (Frankfurt) held by LMEY (Zug, Switzerland) was thus transferred to DER Travel and Tourism Hotels & Resorts GmbH (Cologne).

With the acquisition of Aldiana, DER Travel and Tourism Group is strengthening its own hotel portfolio. "We are very pleased that we are fully integrating Aldiana as an absolute premium brand into our portfolio with this step. This is another milestone for our growth strategy in the hotel business," emphasises Sören Hartmann, CEO of DER Travel and Tourism Group.

In the coming months, Aldiana's brand profile will be further strengthened and the portfolio of resorts will be further developed at a high quality level. "We see great growth potential in the high-quality club holiday segment in particular, which we want to leverage," says Georg Schmickler, CEO of DER Travel and Tourism Group Hotel Division. "It's not just the desire to travel that is booming - the need to travel more exclusively is also growing and premium holidays are therefore clearly on trend.

Since 2021, DER Travel and Tourism's overarching hotel activities with a total of seven renowned hotel brands have been bundled in the DER Travel and Tourism Group Hotel Division. The company's own hotels and resorts, which are located in prime locations in top holiday destinations, cater to a wide range of holiday preferences and target groups - from beach holidaymakers to discerning travellers and club holidaymakers to sports enthusiasts and active holidaymakers. By entering into a joint venture with Deutsche Seereederei in 2021, DER Travel and Tourism is pursuing the goal of becoming the market leader in sustainable tourism in Europe.

As a premium provider in the club segment in Europe, Aldiana is one of the leading organisers of club holidays. The company operates resorts in Greece, Italy, Austria, Spain and Tunisia. In addition to an extensive all-inclusive programme in all beach clubs, Aldiana offers its guests sports and wellness facilities, professional childcare, events, as well as gastronomy and service quality at the highest level.

Max-Peter Droll, Chief Financial Officer Aldiana Group | Photographer: Michel Eram From 1 June 2022, Markus R. Kempen and Max-Peter Droll will take over the management of the Aldiana Group. Markus R. Kempen will focus on the operational business as Managing Director. Max-Peter Droll will take over the finance department as Managing Director and Chief Financial Officer (CFO) of the Aldiana Group. Droll was already Aldiana CEO from 2015 to 2018 and is thus returning to the premium brand. Markus R. Kempen, an expert in the club hotel industry, has been

Markus R. Kempen, Chief Executive Officer Aldiana Group Chief Operational Officer DER Travel and Tourism Hotels & Resorts As managing directors, Stefanie Brandt has successfully developed the Playitas Resort sports hotel brand in recent years and will continue to support it in a dual role in the future.

The new management duo will replace Stefanie Brandes and Bart Rijnhout as managing directors. After four years as Managing Director, Stefanie Brandes will leave the Aldiana Group at her own request to join the Management Board of the hotel brand Lindner Hotel & Resorts. She will leave the company at the end of August to ensure a smooth transition. Bart Rijnhout will leave the Aldiana Group at the end of May 2022 and return to the Swiss property group LMEY.

In May 2022, DER Travel and Tourism Group took over the Aldiana Group in its entirety and integrated it into the travel group as a premium brand. DER Travel and Tourism's hotel business is one of the company's strategic growth areas and will be bundled in the DER Travel and Tourism Group Hotel Division under the management of Georg Schmickler.