Transaction

The Clearwater team advises the family Hoppeler on the sale of the Hotels Opera and Ambassador to Meili Unternehmungen AG

Transaction

Meili Unternehmungen acquires the Zurich heart located Hotels Opera and Ambassador

Sell-side

Undisclosed

Role

Adviser to the family Hoppeler on the sale of two hotels

Sector

Real Estate

Region

Switzerland

The Clearwater team has advised the Hotelier family Hoppeler on the sale of two hotels at Bellevue in Zurich to Meili Unternehmungen. 

After 90 years, the third generation of the Hoppeler hotelier family has sold its traditional Ambassador and Opera hotels to Meili Unternehmungen AG in Zollikon due to a lack of succession. The sale of these striking buildings from the Wilhelminian era was carefully prepared over a long period of time and accompanied by specialists. Michael Böhler will not only continue as Director of the two hotels but will also act as Group General Manager of the Meili hotel group with its seven establishments in Zurich and Klosters.

Meili Unternehmungen AG Zollikon is managed in the second generation by the brothers Yves and Dr. Raffael Meili. Following the acquisition of Opera and Ambassador, the young entrepreneurs have established a group of five individual and charming boutique hotels with a high level of comfort in Zurich. The three existing establishments are the Hotel Seehof, which is directly adjacent to the Hotel Opera, the historic Hotel Rössli near Hechtplatz (Oberdorf) and the Hotel Basilea on Zähringerstrasse (Niederdorf), close to Central. In addition, Meili Unternehmungen has owned and operated the well-known Piz Buin and Sport hotels in Klosters for many years.

Small Luxury Hotel Ambassador Zurich Zuerich Aussenansicht

As a family business, we think long-term and are not being put off by the current crisis. Zurich will continue to be one of the outstanding and growing cities in Switzerland and Europe in the future. The Ambassador and the Opera will continue to be run in the same spirit as before as sophisticated establishments for discerning and individual guests.

Yves Meili, CEO, Meili Unternehmungen

Advisers

Transactions