Step Partners Europe

step partners europe is a fully integrated hotel investment and management company based in frankfurt. step is focussed on turnaround situations with the aim of generating attractive risk-adjusted returns in hotel assets through strategic, operational, and financial re-positioning. step has entered a partnership with funds advised by alchemy special opportunities llp, a pan-european private equity firm based in london, and is looking to opportunistically acquire single hotel assets and hotel portfolios across europe, with a focus on germany, benelux, austria and the uk. step creates value through a hands-on re-positioning approach that often involves property refurbishments, conversions, re-brandings and operational turnarounds. assets are generally operated under third-party franchise agreements.