The company continues with its ambitious expansion plan, strengthening its presence in the European market with the addition of the Hôtel Marmont, in Geneva, Switzerland.
Located in one of the most exclusive areas of the city, next to the prestigious Rue du Rhône, surrounded by the most exclusive stores and just a few metres from the emblematic Lake Geneva, it has 104 rooms and offers unparalleled access to the financial district, international institutions and the vibrant cultural life of the city.
Since the acquisition of Room Mate Hotels in 2022 by its new shareholders, the chain has significantly strengthened its financial position and renewed its portfolio through an equity investment program in several hotels. With this latest purchase, the company continues its selective international expansion through new strategic acquisitions, new leases and hotel management agreements.
Dominic Seely, Room Mate Hotels’ Director of Development and Acquisitions, said: “With its very high barriers to entry, Geneva is a further milestone in our journey. The Room Mate brand prides itself on having so many AAA locations and this hotel is no exception. We continue to partner with institutional landlords such as Axa Real Estate, BNP Paribas, Generali, Grosvenor, Investire SGR, Prelios SGR and others, who value not only our business model, but also the strength of our brand.”
