Succession for hospitality businesses

Your hotel. A new chapter.

If you would like to hand over your business or find a suitable succession solution, we assess a personal and structured takeover – confidentially and tailored to your individual situation.

Discuss succession without obligation
kenner property in Leipzig as an example of personally operated apartments

Your succession with kenner.

A potential hotel or guesthouse succession starts with a confidential initial assessment of the location, business, property and preferred timeframe. We then review permitted use, demand, layout and key commercial facts. Only if there is a potential fit do we discuss a lease, case-by-case acquisition or individually structured handover.

Your property should have a future.

Hotel and guesthouse succession involves more than real estate. It concerns an operating business, long-standing relationships and often a life's work. We therefore assess the property, the operation and a possible handover together.

  • Personal contact

    You speak directly with the people who assess the property and support a possible takeover.

  • Flexible models

    Depending on the situation, we assess a lease, acquisition or individually agreed handover.

  • Structured transition

    Timing, ongoing operations and the role of the existing operators and, depending on the model, owners are agreed for each case.

The businesses we assess.

We focus on manageable properties that can be operated personally while being organised professionally.

Property type

  • Hotels, guesthouses and aparthotels
  • Apartment buildings and boarding houses
  • Operating hospitality businesses and compact portfolios

Size

  • Approximately 3 to 50 rooms or units
  • Usually around 200 to 2,000 m² gross floor area
  • Other sizes considered where layout and concept make sense

Handover

  • Long-term lease
  • Acquisition of the property or business assessed case by case
  • Individually planned transition following assessment

Focused on Central Germany and Berlin.

We are particularly interested in locations with year-round demand from tourism, companies, universities, hospitals, public institutions or major projects.

Thuringia
Erfurt, Weimar and Jena
Saxony
Leipzig, Chemnitz and Dresden
Saxony-Anhalt
Halle (Saale) and Magdeburg
Berlin
City and well-connected surroundings

The regions listed are not exhaustive. Well-connected surrounding areas and other business locations may also be considered where demand, accessibility and property economics are convincing.

How the handover works.

  1. Talk confidentially

    Tell us the location, size of the business and your preferred timeframe in an initial, non-binding conversation.

  2. Assess together

    We review the property, demand, figures, permitted use and possible models. Sensitive documents follow only after agreement.

  3. Plan the transition

    If there is a potential fit, we define the structure, responsibilities and a realistic handover process.

What we need to know first.

A manageable set of key facts is enough for the first confidential conversation. We discuss sensitive operating documents only if there is a potential fit and mutual interest.

Location
Address, or at least the town and micro-location
Property and use
Property type, current use and permitted hospitality use where known
Size
Number of rooms or units and approximate gross floor area
Documents
Available floor plans or a short description of the layout
Timeframe
Preferred date and possible length of a transition period
Preferred model
Whether lease, sale or several possible models should be assessed

Experience from daily operations.

We operate and manage eight units in Erfurt and Leipzig: seven in our own operations and one under management. From arrivals to cleaning, we know the work involved in running accommodation. We bring this experience to the assessment of your property.

As of September 2026. Includes own operations and third-party management.

View our apartments in Leipzig
8
units in Erfurt and Leipzig
49
sleeping places across the portfolio
775 m²
total floor area, rounded

Frequently asked questions

What owners want to know first.

Which hotels and guesthouses are suitable for succession?

We primarily assess hotels, guesthouses, aparthotels, boarding houses and apartment buildings with approximately 3 to 50 units. A viable location, efficient layout and realistic economic outlook are decisive.

Do I have to sell my property?

No. Depending on the situation, a long-term lease, acquisition of the property or business, or an agreed handover may be considered. The right model is determined only after a joint assessment.

Can the business continue during the handover?

A transition while the property remains open can be assessed. Whether and how this is practical depends on bookings, the team, technical systems and the agreed timeframe.

Do you assess smaller towns and surrounding areas?

Yes. Population alone is not decisive. Smaller towns and well-connected surrounding areas can be suitable where several stable demand drivers and a viable micro-location are present.

What information do you need initially?

The location, property type, number of units, approximate floor area, current use and preferred timeframe are enough to begin. Floor plans, operating figures and further documents can then be discussed specifically.

Let’s discuss your succession.

The location, number of units, approximate floor area and preferred timeframe are enough for an initial, non-binding conversation.

Contact Steffen Knaust directly:
[email protected]

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Steffen Knaust, founder and managing director of kenner
Steffen KnaustFounder and Managing Director