Location: In the Heart of City West, Berlin, Germany
Name: Branded with Major Chain…Six Years to Run
Guide Price: €375m plus Buyer-Side Fees
No. of Keys: 250 – High % of Suites
The Opportunity: One of the top hotels in Berlin, with an art-deco feel to the decor. Hotel area is 31,000 sqm….besides hotel, there is retail, offices (10,000 sqm additional) a Guerlain Spa with indoor pool (1,000 sqm), underground parking. The tall buildings house suites with great views, 15th floor lounge and bar, all-day dining on the ground floor, 1920’s themed bar, 330 sqm meeting rooms, and a 6th floor Terrace that will gold 200 people.
Guests can walk to Berlin’s central points such as Kurfuerstendamm shopping, Berlin Zoo and the Kaiser Wilhelm Memorial Church.
Main Photo: A penthouse suite at this hotel
Flag and Management: Six years to run to VP
Current Owner: A German company
Agent: Local agent in partnership with THPT
Guide Price: €375m
Price per Key: €1.5m
Date Posted: June 2020
THPT Comment: A great opportunity to secure this art-deco, top-end Berlin hotel enjoying good occupancy and ADR.
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.