Czech Inn Hotels buys Vienna's Hilton for a billion crowns

The Czech hotel group Czech Inn Hotels, founded by entrepreneur Jaroslav Svoboda, has acquired a Hilton hotel next to the famous Schönbrunn Palace in Vienna for more than a billion crowns. The deal marks another step in the company's expansion beyond Czechia, where, according to its founder, hotel property prices no longer match the real quality and returns of the assets.

The hotel, which operated under the DoubleTree by Hilton Vienna Schönbrunn brand, has 247 rooms and 21 apartments, along with nearly a thousand square metres of conference space across eight meeting and event rooms. The building stands just five hundred metres from the UNESCO-listed Schönbrunn Palace and adjoins Mariahilfer Straße, one of Vienna's main streets linking the city centre with its western districts. The hotel can host more than five hundred guests at once and has parking for around 160 cars.

“Vienna is a logical next step in our growth. On top of that, this is a modern, luxury grand hotel. Hotel prices on the Czech market are very high right now and often don't match either the real returns or the quality of the buildings themselves. So we're increasingly looking abroad, where we see interesting opportunities,” says Jaroslav Svoboda, founder and owner of Czech Inn Hotels.

In recent years the company has been actively expanding its foreign portfolio — it is already present in Georgia, Hungary, Portugal and Latvia. This year the group took over a five-star hotel in Riga, and in August 2026 it added its thirtieth hotel, Karolina Old Town Square, in the very heart of Prague. Today Czech Inn Hotels is the largest hotel group in Czechia: it manages more than nine thousand beds and welcomed over two million guests in 2025.

By the Around Prague newsroom