News

Motel One plans first Glasgow property

European design-led budget hotel chain Motel One plans to open its first hotel in Glasgow next year.

The Munich-based company currently has 56 hotels across Germany, Austria, the UK, Belgium, Czech Republic, Netherlands and Switzerland.

A second hotel in Manchester – Motel One Manchester-Royal Exchange – is due to open by the summer as part of a development pipeline of 27 new proprties with 8,944 rooms.

The company saw first quarter sales rise by 12% to €82 million, with earnings [BITDA] up by 37% year-on-year to €23 million.

Average occupancy rose by 6% to 71%, while income per room increased to €89 from €88 a year earlier.

Motel One Berlin-Upper West opened last month as the company’s flagship property, with 582 rooms occupying 19 floors of the newly built Upper West Tower in the German capital.

Chief executive, Dieter Müller, said: “With our exclusive location right by the landmark Memorial Church and our high-quality art and design partnerships, we are positioning ourselves even more clearly as a budget design hotel group.

“Motel One Berlin-Upper West is a true expression of our brand philosophy.”

Share article

View Comments

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.