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 Hotel
Berlin (project complete)
Sold in 2005
Built in 1903 this building is an excellent example of Neo-Renaissance architecture and has a remarkable presence in the area's landscape.
Accommodation is planned over basement, ground, three upper and attics levels.
The hotel's 31 rooms include 8 one-bedroom apartments and are equipped to cater for the needs of middle-budget travellers. There are 72 beds in total.
Standard average room size ranges from 18 sq.m. to 22 sq.m. and the 8 one-bedroom apartments vary in size from 33 to 36 sq.m. Rooms are equipped with a writing desk and chair, wardrobe, luggage rack, minibar, colour satellite television and direct-dial telephone. The rooms are also equipped with safe deposit box, FM-clock and hairdryer.
Standard bathrooms have ceramic-tiled walls, and include a shower, vanity unit with basin and a WC. Superior Double room has a whirlpool
tube.
Location: Prague, Czech Republic
Property Description: 3-star hotel
Number of Rooms: 31
Major Source of Business: Leisure
Corridors: Indoor
Construction Type: Brick
Year Built: 1903
Year Reconstructed: 2003
Restaurant: 50 seats
Parking: Limited
Daily Occupancy: 82%.
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Projected Internal Rate of Return: 9.48%
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Finished
Projects
Hotel
Berlin
 Sold in 2005
Read more
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