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-based hotel operator said it now has a contractually secured portfolio of 134 hotels with nearly 38,000 rooms. New properties in Paris and Vienna, along with its entry into the Portuguese market, have supported the group’s expansion strategy.
Motel One opened a new site in Paris in July, with further openings planned in Vienna’s Donau City and Lisbon in 2025. The Lisbon project, The Cloud One Lisbon, will be the group’s first property in Portugal.
The Cloud One Hotels, launched in 2022, doubled its number of operating properties year-on-year, from three to six. The brand now operates in cities including New York, Hamburg, Gdańsk and Prague, targeting travellers seeking “a design-led atmosphere and distinctive ambience”, the company said.
Motel One said it now runs 55 hotels outside Germany – six more than a year earlier – with international properties making up 40% of its secured room portfolio.
Second-quarter results showed the company maintained stable occupancy at 69%, up from 68% the previous year, with RevPAR increasing from €93 (£80) to €96 (£82). Management EBITDA rose slightly to €113m (£97m) from €111m (£95m).
Stefan Lenze, co-chief executive of Motel One, said: “Travel to Europe’s cities is back, and our hotels are the perfect place for it: central, stylish and affordable.
“Our brand proves its appeal even without major events – that’s a genuine stress test we have passed with flying colours.”
Founded in 2000, Motel One operates 100 hotels with more than 28,000 rooms in 13 countries.
-based hotel operator said it now has a contractually secured portfolio of 134 hotels with nearly 38,000 rooms. New properties in Paris and Vienna, along with its entry into the Portuguese market, have supported the group’s expansion strategy.
Motel One opened a new site in Paris in July, with further openings planned in Vienna’s Donau City and Lisbon in 2025. The Lisbon project, The Cloud One Lisbon, will be the group’s first property in Portugal.
The Cloud One Hotels, launched in 2022, doubled its number of operating properties year-on-year, from three to six. The brand now operates in cities including New York, Hamburg, Gdańsk and Prague, targeting travellers seeking “a design-led atmosphere and distinctive ambience”, the company said.
Motel One said it now runs 55 hotels outside Germany – six more than a year earlier – with international properties making up 40% of its secured room portfolio.
Second-quarter results showed the company maintained stable occupancy at 69%, up from 68% the previous year, with RevPAR increasing from €93 (£80) to €96 (£82). Management EBITDA rose slightly to €113m (£97m) from €111m (£95m).
Stefan Lenze, co-chief executive of Motel One, said: “Travel to Europe’s cities is back, and our hotels are the perfect place for it: central, stylish and affordable.
“Our brand proves its appeal even without major events – that’s a genuine stress test we have passed with flying colours.”
Founded in 2000, Motel One operates 100 hotels with more than 28,000 rooms in 13 countries.
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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