(IN SHORT) Kempinski Hotels has acquired the Augustine Hotel Prague, marking its first acquisition in over 50 years and signaling a strategic shift toward a more asset-heavy business model. Located within a historic monastery in Prague’s Malá Strana district, the hotel combines centuries-old heritage with modern luxury hospitality. The property features 101 rooms, multiple dining… Read the full news article
Augustine Hotel Prague Acquisition Marks Key Step in Kempinski Transformation Toward Asset Heavy Model
