Inter Hospitality

Inter Hospitality Holding B.V. was established in January 2012 to generate long term value for the Inter IKEA Property Division by investing in and developing hotel and student properties across Europe.

Inter Hospitality is in the process of building a portfolio of hotel investments across Europe by acquiring sites for development predominantly, in Germany, The United Kingdom, Italy, The Netherlands, Belgium and Austria. Inter Hospitality has entered into an agreement with Marriott International to develop and own new limited service hotels under their new Moxy hotels brand. These will be operated under a franchise agreement by Nordic Hospitality AS and retained by Inter Hospitality in its investment portfolio. The sites for development will be in major business locations such as city centres, airports and railway stations.

Inter Hospitality also intends to develop student homes in major university cities which will be managed by established local operators. Inter Hospitality is currently seeking to acquire its first sites for development in Belgium, the UK and Italy while it researches opportunities in other European countries.

Inter Hospitality is part of the Property Division of the Inter IKEA Group. For more information, please see www.inter.ikea.com