Iconic 5-Star Luxury Hotel

Snapshot:

Deal type: Private Equity

Industry: Real Estate

Market focus: Luxury hotels

This 50-room iconic 5-star luxury hotel is referred to as “The Castle” and is housed within the framework of a palatial castle dating back to the 19th century. Associated with one of the world’s largest hotel chains, this property is currently undergoing a name change, rebranding process, and was recently extensively renovated and upgraded. Former guests include many noteworthy residents including, but not limited to, Royalty, and the last German Emperor, Wilhelm II. The building has four top tier restaurants, bars and wine cellars, spas, library, chapel, helicopter landing pad, and antique furniture which is the part of the hotels’ interior. Status: Due to impacts from the coronavirus pandemic restrictions, the project is currently under further negotiation for the next funding round.

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by Admin