A young entrepreneur, Serdar Karasu, has acquired Grand Hostels in Berlin, aiming to modernize and enhance the guest experience through strategic investments and technological advancements.

Information on the Target

The Grand Hostels in Berlin, strategically located in the vibrant neighborhoods of Kreuzberg and Neukölln, have been recently acquired by the Wens hotel group, led by the ambitious young entrepreneur, Serdar Karasu. This acquisition, finalized in mid-October 2025, marks a significant step in the enhancement of the guest experience at these hostels, which have demonstrated a solid organizational structure and profitable operations. Karasu believes that despite their current success, there is untapped potential within the properties, particularly in the realm of digitalization.

This deal illustrates the attractive business model these hostels operate under, characterized by a balance between affordability and quality lodging experiences, catering to a diverse clientele. Under new management, there are plans for continued investment aimed at modernizing the facilities and leveraging technology to improve operational efficiency and guest satisfaction.

Industry Overview in Germany

The hospitality industry in Germany has shown resilience and adaptability, thriving amid evolving market dynamics and consumer preferences. Berlin, in particular, has become a global hub for tourism, attracting million