Bob W, the tech-powered hospitality provider, has exchanged contracts to launch a 67-unit serviced apartment building in Vienna, marking its first opening in Austria.The operator has signed a long-term lease agreement with Viennese developer Peter Pilz & Partner Projektentwicklungs GmbH for a 2,000 sq m building, located in the Austrian capital's historic Heiligenstädter Straße.The aparthotel will be the first Bob W to open in the country and brings the total number of European cities in which it operates to 18. Construction has already started and the property is scheduled to welcome its first guests in 2025.Conveniently located for guests to explore Vienna, the new Bob W property provides excellent public transport links to the rest of the city, including the many historic and cultural attractions and business districts. Opposite a new 30,000 sq m life science hub currently under development, the property is situated in a corporate centre comprising 170,000 sqm of office space serving over 11,000 employees. It is also neighboured by one of Austria's largest health clinics and two university campuses.