As a number one investor in lodge properties in Europe, Covivio frequently regenerates its portfolio and contribute to renewal the shopper expertise with life-style merchandise. With a lodge portfolio now value some €5.eight Bn, i.e. nearly 400 resorts in Europe, Covivio continues to develop new partnerships and declares the signing of a take care of the life-style model Room Mate.
Room Mate Malaga: a brand new model for Covivio in Spain
Room Mate has developed a lodge idea with a differentiated positioning, within the mid-market/upmarket city phase: every lodge incorporates a distinctive fashionable design with additional particular care going to the visitor expertise by the use of high-quality modern companies (higher-than-average room dimension for this phase, later check-out, breakfast service till midday, high-quality mattress linen…). The lodge chain immediately boasts 25 resorts worldwide and excessive ranges of recognition thanks, particularly, to the social networks.
Covivio has simply signed a take care of Room Mate for the event of a 4-star lodge in Malaga with 169 visitor rooms. Located within the Spanish resort’s historic centre, the lodge enjoys a first-rate location in certainly one of Spain’s most enjoyable markets. The 2 companions have signed a rental deal for a 20-year double internet lease, of which 10 years agency. Supply is scheduled for mid-2021.
The illustration of a new-generation lodge
Worldwide tourism immediately is having to regulate to an up-and-coming base of youthful prospects, who’re extra related and searching for the real-deal vacationer expertise. Within the face of those new challenges, the lodge commerce is altering to make method for brand new so-called “life-style” ideas: multi-service, outward-looking and extra user-friendly.
One of many options of those new-style resorts is the foyer, now serving a complete new function as a dwelling house on the centre of the lodge. It now incorporates a bar, a restaurant and leisure areas. Which means the frequent areas are rearranged as open house, inviting visitors to spend extra time there than of their rooms. The Meals & Beverage service is extra in depth and attracts extra customized from outdoors. This, then, is how we outline life-style resorts: a user-friendly idea with a definite “house away from house” really feel.
Being completely related, these resorts have taken the complete buyer expertise into the digital age: cashless institutions, touch-screen tablets managing visitor room amenities, all-digital entrance desks. Final however not least, their reputation ranking is increased than that of conventional resorts, with visitors at all times eager to share their suggestions on the social networks.
A lodge portfolio with modern diversified ideas: an summary of the Covivio’s life-style companions
Kimpton Fitzroy London: certainly one of Covivio’s first openings in the UK
In Might 2018, Covivio acquired an iconic portfolio of 12 resorts in main cities throughout the UK and adopted this up with long-term leases signed with the InterContinental Resorts Group to run the operational aspect. The operator selected to roll out its new design and life-style label, Kimpton, with one of many resorts situated in London and likewise with different properties in Glasgow, Edinburgh and Manchester.
Sporting a boutique-hotel idea, the Kimpton Fitzroy London clearly stands out with its amenities and slick high-end design mirroring the town of London’s historic heritage. The lodge has retained its historical past and cachet while adapting to the trendy codes of immediately’s lodge commerce.
The Kimpton model is totally different within the companies obtainable to visitors (yoga mats in every room, wine-tasting, bicycles offered to discover the town) but in addition within the in depth wining and eating amenities inside one and the identical lodge: 5 bars-restaurants areas with a variety of specialities (seafood, cocktail bar, tea room, espresso store and a reception room for personal capabilities).
Motel One Paris-Porte Dorée: a brand new model to resume the lodge provide in Paris
In September 2018, Covivio and VINCI Immobilier opened the primary Motel One lodge within the metropolis’s 12th district.
Germany’s primary chain of design resorts, Motel One gives visitors an upmarket expertise at engaging charges (€79 per night time over 300 days of the 12 months). Motel One is situated in Europe’s most enjoyable cities and runs a community of 65 resorts with over 18,000 rooms. Clearly conscious of the city surroundings of all its places, resorts are at all times located in energetic elements of city with easy accessibility. The Motel One Paris-Porte Dorée, an institution with 255 rooms, is styled and impressed by the neighbouring Bois de Vincennes with animal and plant-life motifs. For its first Parisian lodge, the chain invited a lot of French artists to create illustrations in Artwork Deco type.
Meininger: sights set on Europe!
2019 will probably be a key part within the partnership between Covivio and Meininger signed in 2014, marked by the opening of three resorts in Paris, Lyon and Munich, additional to the Milan opening in August 2018. The Meininger idea is uniquely totally different as a hybrid lodge product that mixes the service and luxury of a price range lodge, with worldwide requirements and unique companies akin to a group kitchen and play areas. Its flexibility can be unprecedented: normal double rooms, non-public rooms with a number of beds, dormitories… Meininger successfully reaches out to various kinds of visitor, from college teams to backpackers, households and enterprise travellers.
ABOUT COVIVIO
Due to its partnering historical past, its actual property experience and its European tradition, Covivio is inventing immediately’s person expertise and designing tomorrow’s metropolis.A most popular actual property participant on the European stage, Covivio is near its finish customers, capturing their aspirations, combining work, journey, dwelling, and co-inventing vibrant areas.
A benchmark within the European actual property market with €23Bn in property, Covivio gives help to firms, lodge manufacturers and areas of their pursuit of attractiveness, transformation and accountable efficiency.
Its dwelling, dynamic method opens up thrilling venture and profession prospects for its groups.
Covivio’s shares are listed within the Euronext Paris A compartment (FR0000064578 – COV) and the MTA market (Mercato Telematico Azionario) on the Milan inventory trade, are admitted to buying and selling on the SRD and are included within the composition of the MSCI, SBF120, Euronext IEIF “SIIC France” and CAC Mid100 indices, within the “EPRA” and “GPR 250” benchmark European actual property indices, EPRA BPRs Gold Awards (monetary + sustainability), CDP (A), Inexperienced Star GRESB, and within the ESG FTSE4 Good, DJSI World & Europe, Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20), Euronext® CDP Surroundings France EW Oekom, Ethibel and Gaïa moral indices.
Covivio is rated BBB/Optimistic outlook by Commonplace and Poor’s.

About Room Mate Resorts
Room Mate Resorts (www.room-matehotels.com) is a Spanish worldwide lodge chain based by Kike Sarasola in 2005, and its philosophy is predicated on the concept the easiest way to journey is by visiting pals in every metropolis. Room Mate”s resorts, which have a complete of about 1.500 rooms, have the traits of a real host, and their prospects are greater than visitors. They’re roommates (Room Mate). Resorts are considered as “properties” that open their doorways to vacationers who come to the town searching for consolation, heat, and the welcoming spirit provided by the chain”s glorious group of pros. Room Mate presently has 22 resorts world wide in New York, Miami, Mexico Metropolis, Amsterdam, Milan, Florence, Istanbul, Madrid, Barcelona, Malaga, Granada and Salamanca. The corporate plans to open eight extra resorts in among the fundamental capital cities world wide. Room Mate gives design, a downtown location, breakfast till midday, and free WiFi all through the town.
About Room Mate Group
Room Mate is a visionary model, a special method of understanding enterprise that outcomes from a refusal to adapt, from a need to by no means cease difficult and questioning ourselves. We wish to present the world {that a} mannequin primarily based on humanization and happiness is extra worthwhile.We have now transcended the idea of the shopper to position the give attention to peopl e; that is the one method we will perceive them and win their hearts. Persons are at all times on the core of all the pieces we do and are the departure level for every innovation. They’re the motivation behind the creation of our merchandise: Room Mate Resorts, Be Mate and X-Perience. This has been attainable because of our dedication to the very best expertise, the Roomies, as a result of we would not know all the pieces, however we encompass ourselves with the very best.