VISIONAPARTMENTS Acquires Two Ibis Styles Properties with 82 Apartments in the Centre of Geneva
Main Photo: The Ibis Styles Mont Blanc to be Rebranded VISIONAPARTMENTS
Date: November 2021
Name: The former Ibis Styles Genève Mont Blanc and the Ibis Styles Genève Centre Gare – to Rebrand as VISIONAPARTMENTS Hotel Mont Blanc and VISIONAPARTMENTS Hotel Gare
Location: Centre of Geneva, Switzerland
Number of Keys: 30 & 52
Seller: Accor
Buyer: VISIONAPARTMENTS, established in Switzerland in 1999 by current CEO, Anja Graf, with 30 properties – 1535 keys across Europe in Germany, Spain, Poland as well it’s home base of Switzerland, with a further 4 locations in the pipeline with 500 keys
VISIONAPARTMENTS has acquired two buildings with 82 apartments in the centre of Geneva. The properties are the former Ibis Styles Genève Mont Blanc and the Ibis Styles Genève Centre Gare. The ownership and management were transferred this month from Accor Group to VISIONAPARTMENTS. They have reopened under the names VISIONAPARTMENTS Hôtel Gare and VISIONAPARTMENTS Hôtel Mont Blanc.
The acquisitions bring the Vision portfolio to almost 2000 apartments.
“On our mission to grow further, the purchase of the two Ibis Styles hotels represents a crucial milestone in VISIONAPARTMENTS’ history. It is the proof that even during challenging times, our company is able to push limits and expand further,” said Anja Graf, founder, CEO and chairwoman of VISIONAPARTMENTS.
The former Ibis Styles Genève Mont Blanc, situated on Rue de Bern 15, offers 30 apartments over five floors with a restaurant situated on the ground floor.
The previous Ibis Styles Genève Centre Gare, located on Place Cornavin 8, is directly in the city centre of Geneva. It offers 52 air-conditioned apartments over six floors. On the ground floor, a new restaurant, La Lup Café, will offer European cuisine and a variety of Jar dishes.
They boast an occupancy of 95% with an average length of stay at three months!
Price: Undisclosed
THPT Comment: Wow this former model agency owner, Anja Graf that started the business as she couldn’t find the right type of accommodation to house her models, has done phenomenally well to get this size and shape in just 20 years…well done
First Seen: Serviced Apartment News
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