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 at least 60 hotel investments across Europe over the next 5 years by acquiring sites for development predominantly, in Germany, The United Kingdom, Italy, The Netherlands, Belgium, Austria and the Nordics.
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, business parks, exhibition centres 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 has purchased its first site in the United Kingdom and is currently seeking to acquire further sites for development in the United Kingdom, Belgium and Italy.
Inter Hospitality is part of the Property Division of the Inter IKEA Group. For more information, please see www.inter.ikea.com