KEMPINSKI ACQUIRES AUGUSTINE HOTEL PRAGUE

Kempinski Hotels has acquired the five-star, 101-room Augustine, a Luxury Collection Hotel Prague in the Czech Republic, in the group’s first hotel acquisition since 1970. The property, occupying part of the Augustinian Monastery of St. Thomas, is situated in the Malá Strana beneath Prague Castle. The hotel includes a restaurant, bar and five meeting rooms and opened in 2009 following an extensive restoration. Following the acquisition, Augustine will temporarily operate as a white-label luxury hotel after leaving The Luxury Collection. A refurbishment of guest rooms and public areas is planned, with rebranding under Kempinski expected in late 2026.