Germany: Hybrid hotel brand LyvInn has launched its first property, a 164 room asset in Frankfurt.
The company was founded by Navneet Bali, the former CEO and chairman of Meininger Hotels. The property is situated in the centre of Frankfurt, near the financial district and the Messe Frankfurt trade fair. It operates under a management agreement, with funding secured from Blantrye Capital, an investment company based in London.
LyvInn Hotels has introduced a “hybrid” concept that combines flexible accommodations, co-working spaces, and social areas for short and extended stays. The hotel underwent significant refurbishment after previously operating as a Meininger property.
“LyvInn is a unique hybrid hotel allowing young people to stay, work, play and connect in vibrant ‘start-up’ cities,” said Bali. “LyvInn’s aim is to operate in every major European city. The strong financial and operational support of Blantyre has helped us create this amazing brand and we are now looking to actively grow the portfolio with our partner.”
Johann Scheid, investment executive at Blantyre, added: “We are confident this makes it a compelling offering in the Frankfurt Messe market. We are looking to grow the portfolio under the LyvInnbrand in Germany and across Europe over the coming years.”
