Hilton Heidelberg
Hilton Continues German Expansion with Major Conversion in Invesco’s Heidelberg hotel
Ahead of this year's International Hotel Investment Conference (IHIF), Hilton (NYSE: HLT) has signed a franchise agreement to open Hilton Heidelberg, a 244-room upscale hotel in Heidelberg's city centre. The property will undergo a major refurbishment before welcoming guests in Summer 2022. The hotel is owned by Invesco Real Estate, the global real estate investment manager which acquired the property in 2017.
Heidelberg is a thriving university town, steeped in history and famed for its distinctive gothic architecture. Numerous large corporates are headquartered in the town and Heidelberg has a reputation as one of Europe's leading scientific hubs as well as being home to the European Molecular Biology Laboratory.
Guests to the hotel will be a short walk from Heidelberg's baroque old town and the historic Heidelberg Castle. Heidelberg University, founded in the fourteenth century and the oldest university in Germany, is three kilometres away. Once refurbished, the hotel will offer 244 stylish guest rooms and suites, as well as a restaurant, bar and executive lounge. Guests will also benefit from access to the hotel's gym. Meetings and events will be held in the hotel's seven conference rooms, which will provide more than 550 square metres of modern meeting space.
Hilton Heidelberg is part of Invesco Real Estate's exposure to the European hotel sector, the firm's allocation represents now €1.3bn assets under management in the European hotel sector, consisting of 24 hotel investments across six countries in Europe.
The hotel will be located at Kurfuersten-Anlage 1, Heidelberg, 69115, Germany.