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Budget

The Student Hotel - Berlin

The Student Hotel enters German market in Berlin

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Adding to its twelve-strong portfolio of properties, The Student Hotel will open its first German location in the heart of Berlin in partnership with the European Student Housing Fund.

The 17,000-square metre space is located on Alexanderstraße, in the immediate vicinity of the iconic Alexanderplatz, an area known as the Alexanderquartier.

The project will be developed and operated in a joint venture with Triton Development GmbH, the investment adviser to the European Student Housing Fund. The Student Hotel Berlin will bring 456 new rooms to serve the thriving international student and tourist community.

Opening in 2019 The Student Hotel Berlin will add to the mixed-use character of the area. Contemporary architecture will frame the hotel and create a mix of student rooms, hotel rooms and co-living studios. The ground floor will be accessible to the public with study areas, meeting rooms, a co-working space for start-ups, games room, a gym and a garage for a 400+ bicycle fleet.

Charlie MacGregor, the company’s CEO and founder says: “The Student Hotel Berlin will connect students and start-ups, freelancers and the local neighbourhood. We are happy to start our German adventure in Berlin, a city which, like The Student Hotel, has been a shelter for a young and international community.”

The Student Hotel Group, which currently operates over 3000 rooms in Amsterdam, Rotterdam, The Hague, Groningen, Barcelona and Paris, will open shortly in Eindhoven, Maastricht, Florence and Bologna aiming to reach 15,000 rooms by 2020 through acquisitions and development sin Germany, Italy, France, Spain, Portugal and the United Kingdom.

Berlin is one of the largest university cities in Europe with 165,000 students attending up to 31 universities and post-graduate academies, including Humboldt Universität, Freie Universität and Technische Universität. The number of international students is growing fast, generating demand for this new student accommodation concept.

Red Planet Hotels

Red Planet Hotels accelerates Asian expansion through Goldman Sachs investment

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Red Planet Hotels, the fast-growing pan-Asian budget hotel chain has announced it has received $70 million (£53.7 million) from Goldman Sachs, the leading global investment bank.

Founded in 2010, Red Planet Hotels owns and operates a portfolio of 26 hotels in Japan, Thailand, the Philippines, and Indonesia. The funds from Goldman Sachs will facilitate the activation of a confirmed pipeline for 10 hotels to open over the next 24 months.

Red Planet Hotels Chief Executive Officer, Tim Hansing, said the investment would solidify the company’s current expansion roadmap and help to establish a basis to close a final round of private investor equity to support further expansion of the brand.

“We have a well-diversified portfolio over four countries, and have developed a highly systemised brand. We have also created a unique customer-facing IT platform that is without parallel in our market. We now have substantial growth opportunities not only in our existing markets but also in additional countries where we are confident our brand and product will excel,” Mr Hansing added.

“To have our company, our people, our product, and our brand be funded by Goldman Sachs indeed gives us the confidence that we are on the right track to our stated goal of a 2018 IPO.”

Since 2011 Red Planet Hotels has raised $240 million (£184 million) of capital and the funds from Goldman Sachs position the company well to complete its next and final pre-IPO round of capital raising amounting to $250 million (£192 million).

Ibis Styles Hungary

Ibis Styles arrives in Hungary with two new properties

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Economy designer brand Ibis Styles is thinking big with the opening of not just one but two new hotels in Budapest.

This is a new country for the brand and a new opportunity to once again convey its distinctive personality and character. To mark the occasion, the teams from AccorHotels Hungary have organised a custom inauguration event bringing together partners, clients and members of the local communities.

Opened back in May, the ibis Styles Budapest Centre and ibis Styles Budapest City, both former Mercure establishments, convey the “Happy Mood” feel of the ibis family. During the launch event, inspired by a storytelling concept for the two establishments, Gilles Clavie, President and CEO of Orbis SA/AccorHotels Eastern Europe, explained that: “The opening of the first ibis Styles hotels in Hungary is a major step for our Group in the region, as well as for the brand. With the arrival of ibis Styles to Hungary we are bringing innovation and a new hotel experience for the guests, offering unique design and atmosphere, a friendly service and welcome, where guest can feel the conviviality and unique storytelling created around the hotels”.

Ibis Styles Hungary

The talented Polish design agency Tremend created the interior decor for both establishments, which feature fun and distinctive living areas. Including bright and refreshing colours, modern materials, amusing geometric patterns and brightly-lit interiors, all aspects of the brand’s distinctive style contribute to a well-established and hard-hitting storytelling concept.

The goal of the ibis Styles Budapest Centre is to take its guests back to their happy childhood days with a “play” theme! With brightly coloured fitted carpets and video game illustrations featured on the walls of the bedrooms, game boards in the public areas and humorous signage, everything has been carefully designed to ensure that our guests have a fun and happy stay here.

Ibis Styles Budapest

For its part, the ibis Styles Budapest City offers guests a “bicycle ride” experience. This includes chair backs in the shape of handlebars, wheels for chandeliers, hanging bicycles or cycle lanes marked out on the ground. All cycle-related imagery inviting the guest to embark on a special journey.

“It was quite a gamble, but it paid off,” explained Armand Bikart, Design Director Eastern Europe at AccorHotels. “The challenge lay in totally redesigning the interior of two former Mercure hotels which were looking a little tired and even obsolete, with the aim of creating something completely different. And achieving all of this on a very tight budget. This is one of the brand’s first openings in the country and so we had to get it right. In my view, today we can all be very proud of the results. These two hotels are a showcase for modernity, with a very clear and unashamed designer feel to them”.

Tune Hotels Liverpool Street

Tune Hotels reveals extension of its Liverpool Street hotel

999 558 Daniel Fountain

Tune Hotels’ Liverpool Street property is nearing completion of a 34-room extension of its current 183 room hotel.

The newly designed rooms will be unveiled this July and will feature in-room mood lighting control and 40” televisions.

The Liverpool Street hotel, which opened its doors in 2011, sits amongst four additional Tune hotels in the capital, with expansion planned already this year for a hotel in Shoreditch.

Tune Hotels Liverpool Street
Also during September, guests at Tune Hotel Liverpool Street will be treated to a fascinating visit from the Time Truck, showcasing excavations that have recently been undertaken by the Museum of London Archaeology. These excavations have brought to light a small but impressive assemblage of artefacts that unearth the lives and habits of those who lived in this now fashionable district during the eighteenth and nineteenth centuries. These include tea and dining wares, clay tobacco pipes, blacking bottles, historic images, maps and photographs.

Tune Hotels Liverpool Street
General Manager of Tune Hotel, Liverpool Street, Ally Pasaprates, said “There’s so much to look forward to this summer, not only will the Time Truck exhibition come directly to the hotel in September, offering guests a unique museum experience with ultimate convenience, but the extension of the hotel means guests can view these ancient findings in spectacularly modern facilities.”

Tune Hotels’ promise is to offer great value rooms with high-quality basics including excellent beds, powerful showers, central locations, a clean environment and 24-hour security. And, unlike other hotels, you only pay for non-essential facilities and services if you use them ensuring a great price no matter what time of the year you visit. Tune Hotels has eight established hotels in the UK, five in London, one in Edinburgh, one in Newcastle and one in Liverpool.

citizenM Tower of London

Grand opening for citizenM Tower of London property

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This July sees the grand opening of the new citizenM hotel in the heart of one of London’s most historical sites. Right opposite the world famous Tower of London, this new 370-room hotel will officially open its doors on July 11.

citizenM’s second property in London marks another milestone in the history of this young and innovative Dutch hotel brand. Since it was founded in 2008, the company has been a disruptive force, breaking the rules of traditional hospitality with its belief in offering an outstanding experience and advanced thinking, treating all guests equally and seeking to give them what they really want – contemporary design, technology that enables a streamlined experience and friendly, efficient service at a very smart price.

citizenM Tower of London
Architecture by Sheppard Robson and designed by the acclaimed Amsterdam-based creatives of Concrete, the property’s airy glass and limestone facade blends in with its surroundings and mirrors the buildings neighbouring the hotel. Entering the hotel through its signature style red glass box, guests will be immersed immediately into the group’s philosophy of redefined luxury for modern travellers. The ground floor is the heart of this hotel, and the concept of this area sees five different yet connected spaces that cater to the needs of both modern business travellers and tourists.

In the centre of the new hotel are the self check-in terminals, arranged in circles around small sapling trees, which allow a swift and easy check in and out in seconds. Furniture from Vitra, citizenM’s long-term partner, is used throughout the hotel, showcasing classic pieces from designers such as Verner Panton, Charles & Ray Eames, and Jean Prouvé. Oversized shelves let the guest enter the humorous world of citizenM. Filled with travel and art books and unique objects that reflect aspects of traditional British heritage, citizenM’s love for quirky details will delight guests from all over the world. A stuffed boar’s head surveys its surroundings while vintage cricket bats, antique riding boots and silver sports trophies adorn the communal spaces.

citizenM Tower of London
With the opening of this new flagship, citizenM also introduces the brand new retail concept collectionM to the world, which came about in response from guests wanting to buy items they had seen at the hotels. An exclusively curated collection showcases travel accessories, art, books, interiors and cute design objects – over 100 items from more than twenty innovative and creative brands. These can be delivered to each traveller’s home, when ordered online, or bought outright at the ‘table of desire’ in the new Tower Hill hotel. For the launch of its retail concept, the group has also collaborated with The Public House of Art to present ‘The Awesome for citizenM’, a capsule collection of limited edition artworks, which will also be on display in each of the guest rooms.

citizenM Tower of London
Continue through the lobby and discover a workspace furnished with beautiful custom made communal tables, where iMacs and printers are free for guests to use. At the back of the hotel is an outdoor terrace, furnished with bright red picnic tables, which looks onto an ancient Roman wall, a reminder the capital’s rich history.

Upstairs, the Concrete design team has created a winning approach to the much-loved bedrooms ensuring that every element packs a punch. Each room has large wall-to-wall windows and a huge and extremely comfortable bed with crisp linens that is the main focus of the room. The bathroom offers a Rain Dance shower to soothe and enliven the most tired traveller with toiletries specially made for citizenM with a choice of AM or PM. citizenM also offers a full range of free on demand movies and Skype-based phone rates – and if you want to watch your own choice of films, you can stream them from your mobile device. Add to this an iPad that controls everything in the room from themed wake up alarms to coloured ambient lighting, and it’s clear that at citizenM, it’s the guest who is in charge.

citizenM Tower of London

It’s at the top of the hotel that you will discover the most spectacular space of all. The cloudM bar with its outstanding terrace, is a wraparound double height space offering what must be one of the most dramatic views of London’s skyline with the Tower of London, Tower Bridge and its iconic skyscrapers including the Gherkin and the Shard.

Located on the top two floors as well is societyM, the hotel’s popular business meeting rooms that are both creative and functional, with whiteboards, blackboards, free super fast Wi-Fi. Styled to evoke a 1950s design ethos, with vintage typewriters, telephones and Bakelite radios, these eight meeting spaces are designed to encourage imaginative thinking and innovative ideas.citizenM Tower of London

 

This hotel is brilliantly placed for visitors to London whether travelling for business or pleasure, and has enviable connections for exploring the best the capital has to offer. It is the perfect hub for all mobile travellers who need a creative and inspiring environment to start into their new adventures.

citizenM Tower of London is the eighth citizenM hotel, and joins London Bankside, Glasgow, New York, Paris, Rotterdam and Amsterdam. citizenM Shoreditch is set to open in September 2016 and construction is currently taking place on two hotels in Paris, New York, Taipei and Shanghai. New hotels will also be built in Seattle and Los Angeles.

citizenm.com

Travelodge Glasgow

Travelodge celebrates Scottish anniversary with Glasgow property

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Travelodge is celebrating its 30th anniversary in Scotland this year with the opening of its fifth and biggest hotel in Glasgow – the Queen Street Travelodge, a 171-room property with Bar Café.

The office conversion property is located on Queen Street close to the railway station. It represents a property investment of £12 million and has created 42 new jobs.

The hotel has been designed in the company’s new contemporary brand design which has been created with the help of Travelodge customers. Its features an upgraded product offering including a bespoke king size bed called ‘The Travelodge Dreamer’.

Travelodge Glasgow

The new Queen Street hotel is one of 19 planned by the chain for this year at a cost of around £140 million, creating a total of 450 jobs in the UK.

Click here for more information

Ennismore to launch budget brand NoCo

Ennismore Group to launch new budget hotel concept NoCo

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The group responsible for The Hoxton, The Hoxton Shoreditch and recent acquisition Gleneagles is to launch a new budget hotel brand concept called NoCo.

Ennismore is aiming to open 25 NoCo hotels in key cities across the UK, with the first opening in 2018.

Each NoCo site will have between 150 and 200 rooms, with rates under £100. Guests will book and check-in for each hotel using a bespoke app. Guestrooms will be compact yet comfortable, and the eateries will aim to become destinations in their own right, much like at The Hoxton.

Sharan Pasricha, CEO of Ennismore said, “We’ve created NoCo to challenge the status quo of today’s budget brands. Travelling habits and demands have changed; as has the way that people now use hotels.

“Our aim is to raise the bar for affordable hotels and provide business and leisure travellers with a stylish alternative to bland, cookie cutter hotels so often found in cities outside of London,” he added.

Ben Russell, acquisitions director at Ennismore, added, “We have shortlisted several key cities, beginning in the UK, and are looking to work with progressive property partners on leasehold opportunities to roll-out the NoCo brand.

“We believe our exciting plans for the product coupled by our track record with The Hoxton makes Ennismore a strong proposition for local developers looking to build out hospitality assets,” he added.

Louvre Hotels to open properties in Middle East and Africa

Louvre Hotels Group opening 40 economy hotels in MENA region

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Louvre Hotels Group has strengthened its position in the Middle East and North Africa by announcing the opening of 40 economy hotels over the next five years.

A seasoned player in the Middle East region with 60 hotels and over 8,000 rooms, Louvre Hotels Group brings its experience into play to meet the market dynamic. With the support of its shareholder Jin Jiang International, the hotel group continues its development strategy on the low-end and mid-range segments by privileging its Première Classe and Campanile brands, operating a network of over 650 hotels worldwide. The Group’s next step is to open 40 new hotels in the region within the next 5 years.

Since it was launched in 1989, Première Classe has renewed the super-budget hotel sector by adopting a veritable strategy combining low-cost and comfort. The brand delivers the promise of a unique experience: essential comfort, all-you-can-eat breakfast and modern and functional rooms with WiFi access. Today, Première Classe counts 264 hotels in 6 countries.

Campanile, the historic French brand founded in 1976, counts 375 hotels in 8 European countries and is the fourth largest restaurant network in France. To create the right design match for its brand image, authentic and welcoming, the brand called on French designer Patrick Jouin, while Michelin-starred chef Philippe Renard worked on its restaurant menu. 2016 will be an important year in Campanile’s globalisation strategy; in addition to moving into the Middle East, it will open its first hotel in Shanghai, China in the summer this year.

“By developing Première Classe and Campanile on the Middle East and North African markets where our 4- and 5-star brands are already established, we are meeting a real local need for economy hotels by offering clients uncompromising service quality,” explains Pierre-Frédéric Roulot, President and CEO of Louvre Hotels Group.

The first Première Classe hotel will open its doors in Jeddah, Saudi Arabia, in 2018, while the first Campanile hotel locations will be announced in the coming months. These new opportunities dovetail into the Group’s international development strategy, while meeting needs identified by the Gulf Cooperation Council (GCC).

According to the UNWTO, the number of international tourists in the Middle East grew by 3% in 2015 to reach a total of 54 million, consolidating a recovery begun in 2014.

Travelodge Oxford Abingdon Road

Travelodge opens second Oxford hotel, plans further expansion

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Travelodge has officially opened its second hotel in Oxford – the Abingdon Road Travelodge.

The company’s 524th hotel is a purpose built, 83-room property which represents an investment value of £6.5 million and has created 23 new jobs. The hotel features Travelodge’s new contemporary design and becomes the latest Travelodge to feature a Bar Café.

Travelodge currently operates six hotels across Oxfordshire which have been all been upgraded as part of the company’s £100m investment programme to deliver greater quality to its customers. All the company’s UK hotels now feature a new contemporary room design and include the bespoke luxurious king-size Travelodge Dreamer bed.

Travelodge is now embarking on an expansion drive to add hotels in up to 250 additional locations across the UK. Travelodge Chief Executive, Peter Gowers announced at the opening that the company is seeking to double its presence in Oxfordshire, with plans to open or secure further sites in key locations including: Oxford, Abingdon, Didcot, Witney, Banbury and Henley-upon-Thames.

The proposed Oxfordshire expansion programme is expected to represent a total investment value of £40 million and to create 175 new jobs, offering a £10m boost to the local economy – with every Travelodge guest expected to spend double the amount with local businesses during their stay that they spend on their hotel room. Each room has en-suite facilities with eco-friendly showers, in-room toiletries including liquid soap, a flat screen TV with 18 free digital channels, free tea and coffee making facilities, and free Wi-Fi for 30 minutes during every stay.

Peter Gowers, Travelodge Chief Executive said: “The area around Oxford is becoming an ever more desirable place to live and work. With rising demand for value hotels, especially from start-up small businesses and families on a tight travel budget, it’s a place we want to invest in. We are looking to double our portfolio in Oxfordshire, creating new jobs and bringing a further boost to the local economy.”