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Development Pipeline Scheduled for 2020

Bayreuth, Germany

Art-Invest acquires dual-branded Ibis Styles and Ibis Budget in Bayreuth, Germany

German real estate fund Art-Invest Real Estate is acquiring the dual-branded Ibis Styles and Ibis Budget hotel in Bayreuth, Germany from local developer Fuchs & Söhne. The property is currently under construction and is planned to open in 2020. Both hotels will be operated by GHotel Germany GmbH under a long-term lease agreement and subject to a franchise agreement with AccorHotels. The property will have a combined 180 rooms, with 96 operated under the Ibis Styles brand and 84 under the Ibis Budget brand.

Accor
Bayreuth, Germany
Bayreuth, Germany ......

Photo by Accor

Hotel Website
Europe Germany Bayreuth
ibis Styles
Hotel Brand

The stylishly designed hotels where the little extras don’t cost extra! A non-standardised economy and design brand aimed at all those who are looking for “the best of the best”, ibis Styles offers an all-inclusive package, with room rates including breakfast and internet access. Situated in the heart of cities and in other major centres of activity, each establishment has its own distinct personality and reflects a colourful, bright and...

ibis budget
Hotel Brand

Ibis budget is Accor’s benchmark brand in the budget segment. This nifty, casual brand offers a simple, no frills solution and has made essential comfort at a budget price central to its thinking. With more than 500 hotels in 16 countries, ibis budget offers its guests comfortable rooms with fluffy duvet and pillows, free WI-FI (except in Australia) and a gourmet breakfast buffet.

Accor
Hotel GroupManagement CompanyFranchise OrganizationBrand Owner

Accor is a world-leading hospitality group offering stays and experiences across more than 110 countries with over 5,600 hotels and resorts, 10,000 bars & restaurants, wellness facilities and flexible workspaces. The Group has one of the industry's most diverse hospitality ecosystems, encompassing around 45 hotel brands from luxury to economy, as well as Lifestyle with Ennismore.