Acquisition of Støtvig Hotel by a Norwegian investor group
Deal typeTransaction Services
IndustryReal Estate
Client nameColliers Project Finance AS
BDO has provided buy-side financial due diligence services in relation to a Norwegian investor group's acquisition of Støtvig Hotel.
Støtvig Hotel has a history spanning over 100 years. The property was acquired in 2008, and the original hotel building was demolished and replaced by a new, modern hotel close to the eastern side of the Oslo Fjord shoreline.
The Hotel has 91 rooms, a villa with 6 additional bedrooms and a marina with 75 boatslips. The customer mix comprises leisure guests and businesses. In addition, the hotel is a popular location for Meetings & Events, weddings, anniversaries, etc.
The hotel operation will continue under new management following the acquisition made by a Norwegian investor group.
Støtvig Hotel has a history spanning over 100 years. The property was acquired in 2008, and the original hotel building was demolished and replaced by a new, modern hotel close to the eastern side of the Oslo Fjord shoreline.
The Hotel has 91 rooms, a villa with 6 additional bedrooms and a marina with 75 boatslips. The customer mix comprises leisure guests and businesses. In addition, the hotel is a popular location for Meetings & Events, weddings, anniversaries, etc.
The hotel operation will continue under new management following the acquisition made by a Norwegian investor group.