citizenM partners on German search

CitizenM

citizenM is working with hotel project developer GBI to find new locations; in Munich, Hamburg, Frankfurt and Berlin.

The pair hope to open several properties in each city, looking for suitable properties and plots of land for the brand to acquire, and then develop turnkey citizenM hotels together.

"It had been clear for some time that Germany, as Europe's strongest economic country and a sought-after travel destination, would be one of our next targets," said Klaas van Lookeren Campagne, CEO at citizenM, "but we needed the right partner and consultant for our expansion. We are delighted to have found this with GBI."

  "For GBI, the new mandate is a perfect addition to its development activities," said Reiner Nittka, CEO of GBI Holding. "In terms of brand positioning and location requirements, this is an ideal fit. Now we can supplement further locations with exactly the right brand."