Overview
- Reports on Friday said Aldi Süd agreed to sell the Öschberghof to the Gustav Zech Foundation, a long-term property and hotel investor.
- The hotel will stay open under General Manager Michael Artner, according to the company.
- The transaction still needs approval from the Bundeskartellamt, Germany’s competition authority.
- Aldi Süd said the move is part of a wider restructuring to cut costs and focus on food retail.
- The 127-room resort near Donaueschingen was overhauled about 10 years ago for €55 million, posting €30.7 million in 2024 revenue.