CDS Groupe, France’s independent and technological player in the business hotel sector, enters the German market with the acquisition of CRC (Corporate Rate Club) to meet market demand for business accommodation solutions and services.

This acquisition strengthens CDS Groupe’s global position in Europe, which now covers France, Germany, Italy, Poland and Croatia.

CRC, based in Stralsund and recognized in Germany for over 20 years, will join the CDS Group and remain autonomous.

CDS Groupe and CRC share the same DNA: service and innovation. By joining forces, we will create a purchasing power of 800 million euros and demonstrate our ability to satisfy our corporate customers in terms of cost savings and technological agility to serve them.

” This acquisition is designed to strengthen the execution of CDS’s strategy and accelerate its international expansion. Thanks to its strong relationships with customers and suppliers, CDS Groupe will ensure that the new group has the best product offering in each country, and will also be able to draw on the expertise of CRC teams. We’re delighted to be joining the CRC team. The group will now employ 300 people “said Ziad Minkara, CEO CDS Groupe & President Goelett.

” We are delighted to be part of CDS Groupe’s success in Europe and beyond,” added Michael Krenz, CEO Corporate Rate Club.

About Corporate Rate Club
As a hotel reservation portal, CRC offers its customers access to a wide range of accommodations of all categories worldwide, available stand-alone or integrated into an SBT. CRC is a pioneer in the optimization of hotel service processes: from booking and payment to the issuing and control of invoices down to the smallest detail. The company has been offering the best service on the German market since 2002, to the complete satisfaction of its customers and partners.
www.crc.ag