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We are:
A growth-orientated hotel operator with 15 Franchise hotels (3.454 rooms) in major German cities. Our hotels are operated under 5 international brands. Our new brand June Six with focus on lifestyle boutique hotels, longstay and work spaces was launched in 2022.
We offer: A modern, reliable and trustworthy partnership for a long-term collaboration.
We are looking for:
Purchase / lease opportunities for new hotel buildings /existing hotels (100+ rooms/Franchise and 80+ rooms/June Six + June Stay), central location in Germany, Austria and Switzerland - Top 20 cities.
PRIMESTAR was founded in 2014 by private investors and entrepreneurs with broad expertise in both the real estate business and the hotel sector. The existing core competences are additionally strengthened by the involvement of absolute top experts. In 2021 the founding CEO Andreas Erben led a management buyout of the company aligning the interest between shareholder and management positioning the company for growth. With the appointment of Oliver Kupka as an additional managing partner in January 2022, the company was positioned accordingly for additional strategic growth.
In addition to its professional expertise, PRIMESTAR is also built on a sound economic basis. The capitalisation is adapted to the requirements of banks and investors and enables potential project developers to conclude lease agreements with PRIMESTAR, to obtain financings from banks with an affinity to hotels, and to sell to institutional hotel investors.
PRIMESTAR's aim is to generate multiple opportunities and thus strategic growth with the parties involved. The company is planning to create further strategic growth and embark as new generation hotel operator through further expansion of PRIMESTAR's portfolio and important new features such as a direct booking system, digitalization and the establishment of a new brand around additional product offerings for long-term stay and workspace.
PRIMESTAR Group currently operates 15 franchise hotels in major German cities. The existing franchise portfolio currently comprises 3,454 rooms in German A-destinations. The construction of the first hotel in Vienna/Austria has started. The opening will be in 2024, leading to a total of 3.812 rooms. Over the long term, Primestar Group is planning to increase its franchise segment to at least 20 hotels with institutional partners.
With PRIMESTAR Operator GmbH, the Group launched its own brand June Six in the city boutique hotel segment with the plan to expand the June Six portfolio to up to 20 properties including June Stay, a long-stay concept, and workspace network WorX. Since July 1, 2022, the first flagship hotel June Six Berlin City West enriches the Berlin hotel market directly on Savignyplatz. The next June Six Hotel will open in Q2 2023 in Hannover.
For its own brand, the PRIMESTAR Group is focusing on growth via the acquisition of existing hotels, leases, or operators.
Contact:
PRIMESTAR Group
Berlin / Germany
www.primestar-hotels.com
www.june-six-hotels.com
info@primestar-hotels.com