Alchemy Step Hotel Group (ASHG)
Frankfurt, Germany · Tourism and Travel
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Last verified
Mar 2026
Overview
ASHG is a partnership between Alchemy Partners LLP and Step Partners Europe GmbH.
ASHG is currently deploying €250 million of equity capital into special opportunities in hotel assets in Germany, Belgium and surrounding countries with a focus on second-tier cities.
ASHG is actively acquiring single hotel assets of greater than 90 keys and hotel portfolios in the 2-to-4-star category across Europe, with a focus on secondary urban markets, primarily in Germany and surrounding countries. ASHG focuses on assets that typically require significant re-positioning, refurbishment and operational turnarounds.
Contact Details
info@step.partners
Frankfurt, Germany, Hanauer Landstraße 291 b
+6
Founded
2021
Employees
50-100
Categories
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