Albert Steigenberger opened the first Steigenberger Hotel in the Europäischer Hof in Baden-Baden in 1930. This laid the foundation for a hotel group that today operates 160 hotels on three continents under the umbrella brand Deutsche Hospitality. The hotel property with its 180-year history is currently under construction. The luxury hotel is expected to reopen under the Steigenberger Icons brand in 2024. The previous owner went into insolvency over the renovation costs. KUCERA advised the buyer, a German pension fund, in the purchase from insolvency. Read more …