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An impression of The Student Hotel in Dresden
The Student Hotel announces new Dresden residence

Accommodation provider The Student Hotel has announced it will open in the German city of Dresden in September, following the acquisition of a hotel facility.

The 360-room complex will be a co-living, co-working destination on Pragerstraße 13, which the company said was located in the "most vibrant retail district of Dresden, between the Technical University and the historic centre of the city". Refurbishment of the 12,800 square-metre residence will commence in the first quarter of this year.

 

The Dresden residence adds to The Student Hotel's previously announced plans for entry into the German student accommodation market with a 456-room Berlin residence, and will feature study and gaming areas, meeting rooms, co-working areas, a restaurant and bar, a gym and a cinema.

 

The Student Hotel Dresden will take over the Ibis 'Lilienstein' location, part of a three-building complex originally opened in 1969.

 

Charlie MacGregor, The Student Hotel's Founder and CEO, said, "We are very pleased to be able to announce our second development in Germany. We are excited about the location in this dynamic part of the city of Dresden and it is our ambition to create a vibrant heart which will address the needs of both the locals and international community, ensuring Dresden is a key destination in our European network."

 

The company said the acquisition was in line with its strategy to "develop high-quality, mixed-used accommodation in major European cities to meet the demand and new way of living and working of students, young professionals, international travellers and entrepreneurs".

 

It added that it was seeking to further develop its German portfolio with development projects being sought in other major student cities.

 

The Student Hotel currently operates 4,392 rooms in 11 locations across the Netherlands, Spain and France, with previously announced schemes due to open in Spain, Italy and Austria over the next two years.

 

 

By Matthew Knott

News Editor