Piettal Operation GmbH, based in Munich (commercial register HRB 202873), operates three 4‑star hotels in 2024: Leonardo Hotel München City Center (80 rooms), Leonardo Hotel Munich City North (80 rooms) and Leonardo Hotel Munich City Olympiapark (196 rooms). The company's purpose is the acquisition, letting and management of real estate and operating equipment and all related transactions. The properties are leased under long‑term contracts within the Leonardo group network. The shareholding is split 50% to Rennes Holdings S.à.r.l., Luxembourg, and 50% to David Piekarz.
Erwerb, Vermietung und Bewirtschaftung von Grundbesitz und Betriebsvorrichtungen sowie alle damit zusammenhängenden Geschäfte.
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) München Local Court, HRB 202873 (as of 1 November 2026)
| Name | Type | City |
|---|---|---|
| Yoram Biton | Geschäftsführer(in) | Aschheim |
| David Piekarz | Geschäftsführer(in) | München |
Source: German Commercial Register (Handelsregister) München Local Court, HRB 202873 (as of 1 November 2026)
| Date | Event Type | Event |
|---|---|---|
| 09.08.2013 | Company Name Change | Piettal Operation GmbH |
| 09.08.2013 | Business Address Change | Senefelderstr. 4, 80336 München |
| 09.08.2013 | Business Purpose Update | Erwerb, Vermietung und Bewirtschaftung von Grundbesitz und Betriebsvorrichtungen sowie alle damit zusammenhängenden Geschäfte. |
| Date | Type | Change | Total Capital |
|---|---|---|---|
| 09.01.2013 | Share Capital Set | — | 25.000 € |
Source: German Commercial Register (Handelsregister) München Local Court, HRB 202873 (as of 1 November 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2024 | €15,278,871 | €506,627 | €5,255,550 | — |
| 2023 | €13,898,893 | €177,850 | €4,523,647 | — |
| 2022 | €12,866,571 | €652,202 | €4,757,191 | — |
| 2021 | €4,997,022 | -€208,739 | €4,758,617 | — |
| 2020 | €3,064,611 | -€2,856,741 | €6,374,900 | — |
| 2019 | €13,541,679 | €983,234 | €6,298,575 | — |
| 2018 | €13,823,866 | €1,101,610 | €5,915,390 | — |
| 2017 | €12,869,927 | €958,988 | €5,348,259 | — |
| 2016 | €12,810,624 | €854,424 | €5,115,732 | — |
| 2015 | — | €388,641 | €5,851,723 | — |
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Source: German Commercial Register (Handelsregister) München Local Court, HRB 202873 (as of 1 November 2026)
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| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €2,493,024 | 44.6% |
| Material Costs | €2,493,954 | 44.6% |
| Depreciation | €603,593 | 10.8% |
| Interest & Similar | €1 | 0.0% |
