RIMC Hotels & Resorts Group separates itself from the subsidiaries India and Russia

RIMC Hotels & Resorts Group separates itself from the subsidiaries India and Russia

The RIMC Hotels & Resorts Group continues to grow. New European countries are set on priority for the ongoing expansion and therefore the current focus of the international well-known hotel operator, headquartered in Hamburg.

As the result of strategic considerations, the group has decided to concentrate on the core area Europe. In order to address this decision, the RIMC Group has already separated itself from the hotel in Kenya some time ago. The good partnership in India could be settled in all interests and the RIMC gives up the joint venture India as its subsidiary. Furthermore the RIMC Hotels & Resorts Group is currently involved in talks with the partners in Russia to hand over this partnership also.

“Because of the enormous potential in Europe at present and to fulfil the multitude of new and very interesting hotel projects on the European market, we have decided to focus our entire potential on the European market.” said Gert Prantner and Marek N. Riegger, managing partners of the RIMC Hotels & Resorts Group.