India-based Tamara Leisure Experiences strengthens its German portfolio with 4th hotel acquisition

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Tamara Leisure Experiences headquartered in Bengaluru, India has added to its German portfolio of hospitality outlets with the recent acquisition of Moxy Bremen at Uberseestadt in Bremen.

This marks the 4th hotel acquisition by Tamara Leisure Experiences in Germany, strengthening its hospitality portfolio in the region. Speaking on this latest acquisition, Shruti Shibulal, Chief Executive Officer, Tamara Leisure Experiences says, “This is a proud moment for all at Tamara Leisure Experiences, especially as we close 2021, another tumultuous year for the hospitality industry. We, at Tamara, aim to strengthen our global presence and this latest acquisition in Germany marks our fourth property acquisition outside of India. With it, we further diversify our portfolio and continue on our path to achieving 1000 keys globally by 2025.”

This newly acquired hotel is a three-star property with 128 rooms and is situated to the west of Bremen, a city with 570,000 residents. Uberseestadt, where the hotel is located, is the former port area of the Walle district and is currently being built up as a modern mixed-use business and residential space.