JPI Hospitality Investors Club has acquired the Hotel Rotterdam City, located in a up-and-coming "in" district.
Hotel Rotterdam City is located at Schiekade 658 in the up-and-coming "in" district Oude Noorden, in the middle of the two canals Spoorsingel and Provenierssingel and near to the central train station. A prime location which guarantees the arrival of many tourists thanks to the proximity of all these accomodations.
The building was built in 1940 and renovated in 2008. It currently features of 115 rooms, a brasserie, a lobby lounge and a breakfast area with a total GFA of 5,600 square meters. As a city lifestyle hotel with a high leisure component, Hotel Rotterdam meets the requirements of the JPI Hospitality Investors Club.
We are committed to investing in high-quality, functional hotels with development potential in attractive locations, which we are transforming into top destinations with a clear idea and contemporary branding. Rotterdam offers the best opportunities here. The city is regarded as an up-and-coming market and is already seen as the 'coming Amsterdam'. However, there is still a need to catch up in the hospitality sector. With our hip hotel, we will be able to fill precisely this gap.
Daniel Jelitzka, founder of JP Immobilien Group and chairman of the advisory board of JPI Hospitality
We see great potential in Rotterdam's hospitality sector - especially in the lifestyle and serviced living segment. For a long time, the city was overshadowed by Amsterdam. But for years, a healthy emancipation has been observed, accelerated by the hotel development moratorium in the Dutch capital. Many developers, operators and investors are now looking for alternatives - and finding them. We see a particularly promising development area in the Oude Noorden district. There is still plenty of room for an exciting, hip lifestyle hotel concept in this up-and-coming neighborhood.
Lukas Euler-Rolle, Managing Partner and CEO of JPI Hospitality
Rotterdam surely attracts less tourists than Amsterdam, but it is a city that interest more and more travels as well as investors as demonstrated by the opening of the Motto Rotterdam Blaak by Hilton. Its unique image and spirit sets it apart from the Dutch capital. And according to Gebhard Schachermayer, CAM and hotel expert at JPI Hospitality, the location of the hotel « will attract not only guests from all over the world but also the local population, making it a lively meeting place ».
