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EVOLUTION+ Quartier de l'Etang

Location
Geneva, Switzerland

Missions
Feasibility study, operator search & selection process, contract negotiation & closing, project management during the development phase

Establishment
Hotel Hub of 33'000 sqm being built as part of the 280'000 sqm Quartier de l'Etang, which will comprise a 250-room budget hotel, a 270-room lifestyle 3* hotel and a 140-room aparthotel

Size
660 rooms

 

Asset Management Development Investment & Advisory

Delivrables

GNP undertook a feasibility study with recommendations on the product & positioning of the different hotel elements in the project. Following the feasibility study, an operator search and selection process was launched, focusing on finding the right fit for 3 different hotel products, whilst staying in line with the recommendations from the feasibility study. Lease contracts were negotiated with the 3 different hotel operators and GNP is currently project managing the development phase for the 3 hotel operators to ensure each operator's requirements are met.