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Ibis Budget Fribourg

Location
Fribourg, Switzerland

Missions
Acquisition, feasibility study, operator search & selection, project management of hotel development and construction, hotel opening and asset management

Establishment
1-star hotel located in a high transit location

Size
85 rooms

Website
www.accorhotels.com/ibis-budget-fribourg

Asset Management Development Investment & Advisory

Delivrables

GNP conducted a detailed feasibility study in order to define the strategy and concept for a new hotel following acquisition. GNP then undertook an operator search and selection process and was able to negotiate and finalise an operating agreement which was consequently signed by the owner and the operator. In close collaboration with the operator, GNP lead the conceptualization of the hotel, the project management of the construction and the pre-opening. Today, the hotel is open and GNP actively asset manages the property on behalf of the owner.