ACHAT is a leading operator of value and budget hotels in strategically favorable locations in Germany. The company operates in the mid to upscale segment. In February 2023, Achat took a brilliant growth step with the acquisition of 13 hotels from the Michel Hotel Group. Achat now operates a total of 50 hotels, including 49 in Germany and one in Hungary. The Achat hotel group has grown continuously since its foundation. Many of the hotels are located in medium-sized and small towns or in the vicinity of metropolises.