The Swiss holding, an emanation of GoodNight Partners SA, delved into the ressources of its parent company, meaning its excellent knowledge of the sector and its management and Asset Management talents to gain climb to first place in the Swiss hospitality investment market.
An investment strategy representing a total of CHF 100 million in assets has just been launched. The company relies on two strengths: the expertise of GoodNight Partners SA (GNP) to identify the right opportunities, and flexibility in asset management, investing in both the walls and the business of hotel properties, depending on each situation.
Its goal is thus to "exploit the potential offered by the anomalies of a fragmented and immature Swiss hotel real estate market", explains a press release. The firm is also operating in a favorable context where the hotel market is lacking in financial knowledge.
Thus Arjun Fornerod, Managing Director of the firm GoodNight Partners SA, is confident regarding the growth perspectives of the investment firm:
We are very satisfied to see the investment strategy begun in 2018 and the launch of Valotel Holding (Suisse) SA take shape, testifying to our investors' confidence. As a minority investor in the holding, we affirm our desire to take a share of the risk in this project that we firmly believe in. The expertise in the Swiss tourism market that the members of our staff have developed for more than 15 years strengthens our position.
The strategy concerns urban and peri-urban assets, in the economy to midscale category and established in strategic areas with direct access to the major transport hubs (station, airport, motorways, exhibition centers). They target a return on investments by +10%. A first fundraiser of 48M CHF was carried out to acquire several properties including ibis Sion-Est, ibis Rothrist-Olten, NH Fribourg and a hotel that is under construction at St. Gall (delivery slated for 2021).