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ARCOTEL Hotel AG extends contract with CEO Manfred Mayer

ARCOTEL Hotel AG extends contract with CEO Manfred Mayer

07/07/2011

The Austrian ARCOTEL Hotel AG group will continue to be managed by CEO Manfred Mayer. He has been sole CEO of the company since February 2007. Now, his contract has been extended ahead of term.


Manfred Mayer, sole CEO of the ARCOTEL Hotel AG, will continue to hold his current position for ARCOTEL Hotels. One year before the expiration of his current contract the family-run hotel group decided to extend the contract for a further five years.

"We are pleased that Mr Mayer will remain in his present position as CEO of the ARCOTEL Hotel AG. The favourable developments as well as the process optimisation and restructuring of the company are already clearly reflected in the positive performance figures. Hence, we decided ahead of term to continue our cooperation", says Dr. Renate Wimmer, owner of the ARCOTEL corporate group.

Before his appointment as CEO, Manfred Mayer was General Manager at the ARCOTEL Kaiserwasser in Vienna and Area Manager Vienna and transformed the ARCOTEL hotels into a leading tourism brand.

The ARCOTEL group, one of the largest privately owned Austrian enterprises in the tourism sector, positions itself clearly in the category of business and city hotels. It combines the personal and individual environment of a family-run enterprise with international standard, top quality and a sound economic basis. Established in 1989, the group currently comprises ten hotels in Austria, Germany and Croatia with a total of 1,633 rooms and employs 750 staff members. 2012 will witness the opening of the ARCOTEL Onyx Hamburg.