HBK Partners and Bekes Partners Advise on Hotel Novotel Szeged Acquisition

HBK Partners and Bekes Partners Advise on Hotel Novotel Szeged Acquisition

Hungary
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HBK Partners and Bekes Partners have advised Novohot Kft. on the acquisition of Hotel Novotel Szeged from Accor Hotels. Jeantet and Dentons advised Accor Hotels in the sale.

HBK Partners also represented Novohot in the financing of the transaction, which was provided by Unicredit Bank.

According to HBK Partners, "after the sale and transfer of all of the hotel’s assets and employees, Accor will remain to be in charge of the operation of the Hotel under a long term management contract."

The HBK Partners team was lead by Partner Marton Kovacs and included Of Counsel Endre Egeto and Associate Eszter Berki.

The Bekes Partners team consisted of Partners Balazs Bekes and Bence Magyari and Associates Katalin Prjevara and Gergely Bogdan.

Jeantet and Dentons did not reply to our inquiries about the deal.