Development / Expansion
Cocoon Next
Your Urban Oasis
Cocoon Next establishes a new generation of the 2008 founded cocoon hotels. For our expansion we are looking for objects and locations as follows:
Cocoon Next
Your Urban Oasis
Target Cities
- Munich, Hamburg, Dusseldorf, Cologne, Berlin, Frankfurt, Stuttgart, Leipzig, Nuremberg, Augsburg, Regensburg, Vienna, Salzburg, Amsterdam and other European capitals
Objekte
- Long-term lease or purchase
- 2.000 - 7.000 m² new builds, existing hotels or office space
- No ground floor spaces required, these can remain available for potent retail or gastronomical uses
- Single- or multi-tenant objects, also if combined with other units and uses
- Central locations in the “heart” of the city, in walking distance to culinary and cultural hotspots
- Good access to public transportation
- Parking available close-by
Cocoon Next
Your Urban Oasis
Room & Figures
- Lease: up to 20-25 € per m² (depends on city and location)
- Room sizes: 14-24 m² NFA, 30-35 m² GFA
- Construction costs: from 39.000 € per room (from Core & Shell without FF&E)
Key Investment facts
- Proven concept with existing hotels in Munich (in terms of systems, operations, cost structure, occupancy, ARR, customer reviews)
- High level of centralization, head office delivers significant cost synergies
- Efficient / lean model for managing individual group hotels, GOP 50-55 % of revenues
- Break-even-point below 45% occupancy
- Crisis-resistent business model due to central locations
Cocoon Next
Your Urban Oasis
Kontakt
Lisa Burger
Development Managerin
lisa.burger@cocoon-hotels.de
+49 (0) 173 34 53 679
Lindwurmstraße 35
80337 München
For further information about COCOON NEXT, please contact Lisa Burger via the following contact form, or via e-mail at lisa.burger@cocoon-hotels.de. You are also welcome to download our Cocoon NEXT Info Brochure.