The Netherlands
citizenM hotels is a distinctive player in the hospitality industry, catering to the needs of modern, urban travelers by offering affordable luxury accommodations designed for both work and relaxation. The company, founded in 2005 and headquartered in The Netherlands, boasts a robust portfolio across 18 cities with 32 hotels and more on the way, emphasizing its commitment to growth in high-barrier urban markets.
The brand's slogan, "A hotel for modern travellers. We exist to help you travel, work, eat, sleep and play, stylishly and affordably," encapsulates its mission to blend style with pragmatic travel needs. citizenM is positioned to deliver high profitability per square foot, leveraging its fully integrated owner-operator model to tap into prime real estate locations.
Their latest financial injection came from a substantial €480.00M Debt Financing arrangement on 16 March 2023 with eminent financial partners including Aareal Bank AG, ABN AMRO Bank, HSBC UK, and HSBC France, signaling strong investor confidence and enhancing their capability for strategic expansion.
Small Luxury Hotels of the World