The Student Hotel remains positive on project pipeline
Amsterdam-based hospitality company The Student Hotel (TSH) has a pipeline of 16 new facilities in a number of Europe’s major cities and hopes to proceed with their development, despite the unpredictable nature of the Covid19 pandemic.
CFO Dr Andreas Muschter told Real Asset Media’s Richard Betts that although the post-pandemic “new normal” is difficult for anyone to predict The Student Hotel’s versatile hybrid business model enables it to adapt to altered circumstances by changing the balance of uses – student accommodation, hotel, co-working space – at very short notice.
This flexibility means that, despite current uncertainty about the effects of Covid19, the company is still positive about its plans to develop in Paris, Madrid, Barcelona, Lisbon, Rome, Florence and Glasgow.
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