The Hotel as it is today
The building at Avenue de Frontenex is located about three minutes on foot from the elegant business- & shopping area of Eaux-Vives. The building exists of 3 parts; in the third one to the back is the good 3* boutique hotel , which is not part of this offer, but endorsing positively traffic to this area.
The main part , generously detached towards three sides, is the 4* Hotel with a offers direct bus-links to both Geneva station (bus 10) and to Geneva Airport. The Hotel offers 141 rooms, smallest starting at 18 m2 including 21 Junior Suites; all with bath, flat screen TV, and Minibar.
In the ground floor is a classic drive-in, not really used today, the reception, as well as a multi-functional room, used for breakfast. The decoration is old-fashioned and any new owner would immediately be able to visualize nice new set-ups. The entire ground floor should, in my opinion, be cleared and established into a wide and generous welcome area.
A hotel-restaurant is not required, since countless restaurants of any cultural and culinary background are available in the very neighbor hood. However, there is space for a cosy bar and even a winter garden (towards the side of the HQ of Bank Julius Bär; left in the picture).
The 8th floor, presently only used internally, has no elevators. But that floor could be used for lovely additional suites, accessible on foot by one level (elevators to 7) or possibly by new additional outdoor-glass elevator.
In any case, new owners would surely see that the Hotel should be renovated.
History of the Hotel
This hotel, built in the 70ies, is since many years owned by an affluent family, who maintains (and operates) the business without really being motivated strongly. They have no interest to bring the hotel forward, as the potential of the hotel really is! The location amidst fashion, art, culture and entertainment, is simply great. But the hotel needs new inspiration, and an owner who loves Switzerland & Geneva and who understands the long-term real estate value of this property.
The Hotel is at Sale for CHF 65 million or u.s.$ 68 million (share-deal; management-free). The owner-family want a direct deal, flat forward with immediate overtaking of management too.
Cliff Jacobs (Nat Dpl Hotel Man (UJ). MPRE. GA Level 5 TEFL) Managing Principal / CEO Exquisite Hotel Consultants (Pty) Ltd Mobile: +27 (0) 84 413 1071 / +27 (0) 61 716 6951 Email: cliff@exquisitehotelconsultants.com Skype: cliff.jacobs Web: https://www.exquisitehotelconsultants.com © All rights reserved Terms and Conditions apply Scroll down to view our Hospitality Properties and Businesses for sale or lease or lease-to-buy or partnership arrangement or management agreement arrangement
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Cliff Jacobs (Nat Dpl Hotel Man (UJ). MPRE. GA Level 5 TEFL) Managing Principal / CEO Exquisite Hotel Consultants (Pty) Ltd Mobile: +27 (0) 84 413 1071 / +27 (0) 61 716 6951 Email: cliff@exquisitehotelconsultants.com Skype: cliff.jacobs Web: https://www.exquisitehotelconsultants.com © All rights reserved Terms and Conditions apply Scroll down to view our Hospitality Properties and Businesses for sale or lease or lease-to-buy or partnership arrangement or management agreement arrangement