Blantyre Capital Limited has agreed to acquire a 164-room hotel in Frankfurt to be operated under the LyvInn brand.
Located at the centre of the Europaviertel, a housing and business development in the Gallus district of Frankfurt, the hotel will be fully refurbished and operated under a management agreement. The property is set to include flexible room structures combined with communal spaces such as co-working desks and social areas for both extended-stay and short-stay guests.
Navneet Bali, Founder and CEO of LyvInn, explained: “LyvInn is a unique hybrid hotel allowing young people to stay, work, play and connect in vibrant cities. LyvInn’s aim is to operate in every major European city. The collaboration with Blantyre is an exciting step in this direction and we are looking to actively grow the portfolio with our new Partner.”
Johann Scheid, investment Executive at Blantyre, said: “We are excited to partner with Navneet and his team to leverage their experience of the European market and the hybrid hotel segment. Blantyre will support the refurbishment and redesign of the hotel to seek to make it a compelling offering in the Frankfurt Messe market. We are looking to grow the portfolio under the LyvInn brand in Germany and across Europe over the coming years.”
