Julius Meinl Living

Luxury Home Away from Home

Julius Meinl Living, through its group companies, acquires prime real estate assets for development into “aparthotels” that the group will then operate itself, under the “Julius Meinl House” brand.

Serviced residences – also known as serviced apartments, aparthotels or extended stay spartment – are established as an alternative to classical hotels in the US, Asia and parts of Western Europe.

In Central Europe however, the sector is still underdeveloped, even though the demand for such alternative accommodation is rising fast.

 

2

Properties

219

Apartments

114

million € of assets

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Aparthotel & Services

The average size of the aparthotel rooms will be approximately 35m2. Each room will comprise a spacious multi-media lounge, a well-equipped kitchen, bedroom and bathroom. The rooms will be positioned as offering five star accommodation for four star prices.

Each property will offer a variety of normal hotel services, and through imaginative use of technology, will enable a much wider range of third party services that will enhance the visits of business and leisure travelers alike.

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Luxury Home
Away from Home

The Properties

The group’s flagship property is “The Julius, Prague” on Senovazne Namesti in Prague, in the Czech Republic. It was opened in the spring of 2022 and has 168 guest rooms and apartments.

Designed by renowned architecture and design firm Matteo Thun & Partners, The Julius balances luxury and modern design with warmth, comfort and convenience. Evoking the timeless standard and spirit of European hospitality through a modern mind-set, The Julius, Prague offers a place to relax, explore, work and treat as a home in the city.

The Emporium bistro and bar sits at the centre of the property and offers the perfect setting for lunch or relaxed working during the day, before the lighting dims to a relaxed atmosphere, encouraging guests to enjoy the evening drinks and food menu.

The Julius, Prague has been created to cater for both short and long-term stays in generously sized residences. Spacious communal areas, relaxing lounges and professional co-working spaces enable guests to network, meet like-minded people or simply unplug.

The group’s second property, the Escala Hotel & Suites is in Budapest and was acquired in June 2021. It has 51 guest apartments.

Central Europe & Beyond

Julius Meinl Living can invest across the EU and potentially also in adjacent countries, however its initial focus will be on capital cities such as Prague, Budapest, Bucharest and other Central European capitals as Julius Meinl Living believes that these are currently the most attractive for its business model.