The group has signed a 50-year lease with Union Investment for what will be the biggest integrated congress hotel in Europe. It will be part of a €500 million development project that also includes a residential tower in Amsterdam-Noord.
The four-star hotel will be housed inside in a 110-metre-high tower across the IJ from the city’s central station. Once opened in 2023, it will boast 579 guestrooms and 18 conference rooms, including a forum, 6 restaurants and a Sky Bar. Its integrated conference and congress centre will be able to host 4,400 people, making it the second biggest event facility in Amsterdam.
The lease, double the length of the industry average in Europe, is proof of the dynamism of the corporate hospitality market following the Covid-19 pandemic, and Amsterdam’s position as a world leader in business conferences and seminars.
Union Investment stepped into this project in 2019 to acquire it from the previous investors because we were convinced that its stunning waterfront location, directly opposite Amsterdam’s central station across the river IJ, would be unbeatable for the largest integrated congress hotel in Europe and make it a top-ranking European convention destination.
Volker Noack, member of the Management Board at Union Investment
The Maritim Hotels Group is eagerly awaiting the opening in 2023 of our flagship property being developed by Union Investment in Amsterdam North. The European business convention market is gradually reviving after Covid and we fully expect it to recover to pre-pandemic levels over the next few years, despite the darkening economic and geopolitical outlook, because people want to meet each other face-to-face again. The Maritim Congress Hotel will attract these visitors due to its state-of-the-art conference facilities and accommodation and easy accessibility.
Dr Monika Gommolla, Chair of the Supervisory Board and owner of Maritim Hotels Group