Development Pipeline Scheduled for 2020

Niu Eschborn

MERKUR Development Holding and NOVUM Hospitality plan a niu hotel in Eschborn

Russelsheim-based MERKUR Development Holding (MERKUR) and NOVUM Hospitality are continuing to extend their partnership. MERKUR, as developer for NOVUM Hospitality, is to build a new hotel at Mergenthaler Allee 23-25 in Eschborn/Taunus. The long-term tenant will be the mid-range "niu" hotel brand. When completed, the 7-storey building is anticipated to provide 176 hotel rooms and 83 apartments for long-term stays.
Preliminary discussions with the Eschborn local authority have already taken place and the plans are being expedited in the framework of the existing development plan. An application for planning consent is currently in preparation and will be made during the next few weeks. Subject to approval being granted, construction is scheduled to begin in the first quarter of 2019. There are over 50 niu hotels. This is the fourth for which NOVUM Hospitality has commissioned MERKUR as developer. "We very much appreciate the strategic partnership with MERKUR and, thanks to our repeated collaboration, we are looking forward to agile processes that will bring our niu hotel to optimal completion" explains David Etmenan, Chief Executive Officer and owner of NOVUM Hospitality.

Niu Eschborn ......

Photo by NOVUM Hospitality

Europe Germany Eschborn

Native. Inspiring. Urban – this is the niu. The brand comprises an innovative midscale hotel concept taking up the lifestyle of modern society. With the help of unique pieces of art, the niu hotels tell stories inspired by their location, shaped by Zeitgeist and history. the niu hotels are alive! Guests are no longer just drawn to their rooms. The open living lobby with its innovative co-working area invites guests and locals to work and stay.

With 181 hotels and more than 24,000 hotel rooms in 65 locations in Europe, the family-run NOVUM Hospitality is ranked among the biggest hotel groups in Germany. Founded in 1988 and geared for growth since 2004, NOVUM Hospitality presents itself extraordinarily dynamic under the direction of Chief Executive Officer & Owner David Etmenan. The hotel portfolio comprises three- and four-star hotels in central locations run under the brands of Novum...