PAI Partners Acquires 80% Stake in Motel One for €3.5 Billion Valuation

Founder Dieter Müller retains leadership and the real estate arm as the hospitality chain plans further international expansion.

European private equity firm PAI Partners has acquired an 80% stake in Motel One, valuing the hotel chain at €3.5 billion, according to Bloomberg.
Motel One founder Dieter Müller will remain CEO and retain ownership of the company’s real estate division, which was recently spun off.
Motel One, founded in Munich in 2000, operates 99 hotels with nearly 28,000 rooms across 13 countries.
PAI Partners, with prior experience in the hospitality sector, aims to support Motel One's next phase of growth and accelerate its international expansion.
The transaction is expected to be finalized in the second quarter of 2025, with no specific purchase price disclosed by the companies.