Location: The Glattpark area of Zurich, Between Airport (6 minutes drive) and City Centre Altstadt (20 minutes)
Guide Price: €150m
No. of Keys: 250 Rooms and Suites
The Opportunity: This five-star hotel developed and built in 2015, by the current owners has worked with leaders in cutting edge hotel design, to create a thoughtful and elegant building designed with modern lifestyle in mind. It is branded within one of the top brands of a major global hotel group, the hotel is a prime example of the credo of the brand: “Exactly like nothing else”.
The hotel size is 5,500 sqm area (plot size), with 4,560 sqm floor-space and 60 parking spaces, with an elegant spacious lobby/reception area with sweeping staircase, Italian bistro-style restaurant, bar and covered lounge patio, fitness centre, rooftop spa, large 13,000 sqf meeting facility, with breakout rooms to take 550 pax. MF
Main Photo: An executive suite at this hotel
Tenure: Freehold. The sale is for the shares in the owning company
Flag and Management: Currently with major brand, 20 years left to run. They provide a very healthy level of the total bookings
Current Owner: Award-winning local company known for it’s design flair, with similar hotels in Germany
Agent: Local agent in partnership with THPT
Financials: Financials available, 80% occupancy with an ADR €161. Yield around 5%
Guide Price: €150m
Price per Key: €610k
Date Posted: May 2020
THPT Comment: A great opportunity to secure this top-end, stylish new-build hotel in a great area of Zurich
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.