Europe: Digital hospitality platform NUMA Group has grown its portfolio to 5,850 units in 32 cities and 14 countries, reaching a total €2 billion assets under management.
Following market entries in France, the Netherlands, the Czech Republic and Switzerland, combined with its expansion in existing markets, NUMA almost doubled the number of units in its managed portfolio in 2023.
The acquisition of YAYS from Proprium Capital Partners in November last year also added more than 600 units in the Netherlands, Belgium and France to the NUMA platform – all of which are in operation, as well as in Germany and Spain.
To support growth, NUMA has made a series of appointments to its real estate team. These include:
• Carmine Tobiello, director real estate Iberia
• Fredrik Berlin, director of Nordic expansion
• Umberto Ottaviani, general manager Italy
Christian Gaiser, CEO and co-founder of the NUMA Group, said: “Our mission at NUMA is to create a completely new category in the hospitality industry that meets the needs of modern consumers. Our exceptional performance has helped us attract new investors to NUMA. The company succeeded in continuing its rapid growth in 2023 and, together with the YAYS team, we plan to further accelerate our growth in Europe through 2024.”
NUMA is set to open its debut property in France this year, and is currently developing a site in Copenhagen, Denmark, with Invesco Real Estate, also expected to open in Q1 2024. The group’s first property in Stuttgart is scheduled to open in June this year.
Dimitri Chandogin, president of NUMA Group Estate, added: “As the European leader in fully digitalised accommodations, we are excited to enter both the French and Danish markets. With the acquisition of YAYS, NUMA has quickly and strongly expanded its portfolio in Paris at a crucial time, just ahead of the 2024 Summer Olympics in the city. Meanwhile, we are thrilled with our start in Copenhagen and will continue to grow our number in units there, as well as across the entire Nordic region. It’s an exciting time to be part of NUMA, a brand that is establishing a whole new generation of accommodation in AAA destinations.”
