Location: Central Geneva, Switzerland – 10/15 mins to Geneva-Cornavin station and the centre of town
No. of Keys: 40
The Property: Tastefully renovated in 2015, this charming small could be upgraded to beautiful boutique. The hotel serves both the corporate and leisure markets.
Besides a breakfast room/dining area, there is a full-on gym.
Room sizes go from 18 sqm to 26 sqm, two with kitchenette and one with terrace.
The hotel has a current occupancy of 70% with EBITDA of just under CHF1m
Main Photo: The terrace area of the main suite
Brand/Management: Flag and Management Free
Financials: Full financials available upon signing a NDA and LOI
Current Owner: Private owner
Agent: PG Wealth Management in partnership with The Hotel Property Team
Guide Price: CHF 25m – around €22.5m
Guide Price per Key: CHF 640,000
Date Posted: October 2019
THPT Comment: A great opportunity to find a good basic trading hotel that has scope for improvement to a make a truly special boutique hotel, in a great central part of Geneva.
Contact us for further information
This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.