AN ICONIC heritage building in Hamburg will be transformed into Frasers Suites Hamburg, a five-star all-suites hotel aimed at business travellers.
Scheduled to open in 2018, Frasers Suites Hamburg is located in the city centre, next to Rödingsmarkt station. It is steps away from shopping precinct Neuer Wall and close to new CBD HafenCity.
The landmark was built in 1920 and housed the Hamburg tax authorities until 2011. As a serviced residence, it will feature 147 suites with separate living, dining, sleeping and fully fitted kitchens.
A range of business and leisure facilities, including a conference hall, meeting facilities, a restaurant, bar and wine bar, Wi-Fi and a 24-hour gym, can also be found within premises.
Fraser Suites Hamburg marks Frasers Hospitality’s entry into its 50th city and its third property in Germany, bringing its European inventory to more than 1,600 serviced units, across Frankfurt, Berlin, Barcelona, Budapest, Paris, London, Edinburgh and Glasgow.
Choe Peng Sum, CEO of Frasers Hospitality, said: “One of Europe’s most affluent cities, Hamburg is a thriving port city, with flourishing industries – port and logistics, life sciences, aviation, media and IT, renewable energy and maritime technologies – a choice destination for foreign investment and, a notable tourist destination.
“Establishing a presence in the key cities of Germany, which has remained among the most innovative countries in the world with high investment in R&D, has strategic significance to our global growth and particularly in Europe where our serviced residences have been experiencing strong demand since we first launched Fraser Suites Kensington, London in 2002.
“We are now anchored in the three dominant European countries – the UK, France and Germany – that continue to lead as the top destinations for investment in the region, accounting for 50 per cent of the FDI inflows in Europe.”
