The Student Hotel (TSH) is a hotel chain[1] and co-working space,[2] founded by Scottish entrepreneur Charlie MacGregor in 2006.[3]

Ethos

The chain comprises student accommodation, hotel rooms, meeting and event spaces and restaurants, and aims to create a connected working community[4] amongst its students and business guests.

As of 2021 the chain has locations in thirteen European cities.[5]

Awards

The Student Hotel received the Worldwide Hospitality Awards’ Best Innovation Hotel Individual Initiative in 2014[6] and was awarded a Best in Class Award in 2017 for Best New Student Housing Development. [7]

TSH Maastricht was nominated for the 2018 Frame Awards’ Best Use of Color.[8]

Sustainability

The chain was awarded €82 Million in 2019, in Green Financing for Toulouse and Paris, to improve its sustainablity by incorporating ESG targets. It also contributes to various social, environmental and ethical causes.[9]

Growth

TSH's backing has come from private equity,[10] including €150 million (£118m) from Perella Weinberg Real Estate in 2014[11] and €100 million from APG in 2015.[12]

TSH is investing €1.8bn in its international growth strategy,[13] bringing its total number of rooms to 17,550.[14]

In 2016, it acquired the Carlyle Group's 85% stake in three properties located in Amsterdam[15] and locations are currently under development in Lisbon, Paris, Barcelona, Porto, and Florence.[16]

References

  1. "More than just a hotel". The Student Hotel. Retrieved 2021-07-27.
  2. "Company Overview of The Student Hotel, Inc". Bloomberg. Retrieved 30 July 2018.
  3. "The Student Hotel About pages". The Student Hotel. Retrieved 30 July 2018.
  4. Kilburn, Hamish (12 June 2018). "THE STUDENT HOTEL FUELS EUROPEAN EXPANSION WITH FIVE NEW PROPERTIES IN THE PIPELINE". Hotel Designs. Retrieved 30 July 2018.
  5. "More than just a hotel". The Student Hotel. Retrieved 2021-07-27.
  6. "BEST INNOVATION HOTEL "INDIVIDUAL INITIATIVE" 2014". Hospitality Awards. Worldwide Hospitality Awards. Retrieved 30 July 2018.
  7. "The Best in Class Awards". University Business. University Business. Retrieved 30 July 2018.
  8. "Winners". Frame Awards. Frame Awards. Retrieved 30 July 2018.
  9. "Our sustainability promise". The Student Hotel. Retrieved 2021-07-27.
  10. Mac Ruairi, Cormac (1 June 2017). "BRIEFING Investors Warned Co-Living Culture Is Transforming Hospitality Industry". Property EU. Retrieved 30 July 2018.
  11. Walsh, Dominic (30 October 2013). "Student Hotel Group Raises £118m". The Times. Retrieved 30 July 2018.
  12. Handy, Russell. "APG invests in residential property company Student Hotel". IPE Real Assets. IPE Real Assets. Retrieved 30 July 2018.
  13. "DUTCH BASED, THE STUDENT HOTEL TO EXPAND IN THE UK AS PART OF €1.8BN INTERNATIONAL GROWTH STRATEGY". The Hotel Property Team. The Hotel Property Team. Retrieved 30 July 2018.
  14. Fountain, Daniel (20 March 2017). "The Student Hotel Group Expanding Across Europe". Hotel Designs. Retrieved 30 July 2018.
  15. "The Student Hotel acquires the Carlyle Group's 85% stake in student accommodation properties (NL)". Europe Real Estate. 15 November 2017. Retrieved 30 July 2018.
  16. "The Student Hotel adds five new sites to European portfolio". IPE Real Assets. 8 June 2018. Retrieved 30 July 2018.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.