Frankfurt’s hotel industry is booming

The city of Frankfurt is an economic and financial metropolis. Home to 3000 branches of foreign companies and 600 banks its boasts the continent’s largest airport, European road and rail junction and with a 170 hotels totalling some 24,000 beds it is enjoying 80% occupancy, showing a steady increase year on year.

Owner Invest are now offering a limited number of investors the opportunity to participate in a hugely successful hotel industry by purchasing suites at the Nest Hotel Frankfurt. Nest Hotels are budget boutique hotels who have adopted ‘no frills chic’ as their motto and have been designed and built with the budget conscious traveller in mind. The look and feel of a Nest Hotel is centred on beautifully constructed, state of the art living spaces that are modern, relaxing and contemporary. Rooms come equipped with facilities designed to make the guest feel at home including plasma TV, Wi-Fi internet access and power showers.

Nest Hotel Frankfurt is perfectly located in the heart of this 2000 year old city and provides easy access to the financial district and the city’s big shows which in 2008 include Mediatech Expo and IMEX amongst many others.

Mark Bingham Managing Director of Owner Invest says, “This is a superb opportunity to step on to a tried and tested market in a city that welcomes millions for business and pleasure each year. Since 2005 occupation of hotel rooms that fall into the economy category has averaged between 73% and 89%. The average room rate for ‘economy rooms’ has increased at a steady 4% per year and the average price for an economy room stands at £64. Currently at the construction stage, we are able to offer hotel suites at Nest Hotel Frankfurt at 30% below market value, with Return On Investment anticipated to be at least 15% per annum. With a central location, superb transport links, demand from both business and tourists, coupled with such a low entry price at below market value all of the ingredients are in place to make this one of the best investment opportunities in the European theatre.”

Prices at Nest Hotel Frankfurt start from just £60,000 with interest free 5 year developer finance available. Additionally this investment has been approved suitable for a SIPP. Owner Invest are happy to arrange a new SIPP and also arrange the transfer of existing assets with no set up or transfer fees.

For more information, visit ownerinvest.com.