Hotel in Zurich, Switzerland, 22 500 m²

Switzerland. Zurich. 5-star hotel with 245 rooms.
Property: An exclusive hotel built to the standards of The Leading Hotels of the World.
Positioned as a stylish hotel for business travelers and events.
Location: The hotel is located in Glattpark, an up-and-coming business and residential district north of Zurich city center, near the international airport.
The headquarters of numerous companies, such as Takeda, Mondelez, SRF, Sunrise/UPC, and Implenia, are located in close proximity to the hotel.
Transportation: Excellent public transportation accessibility thanks to two tram stops opposite the hotel.
The airport is a direct 8-minute drive away.
Address: Zurich
Rooms: 245 rooms and suites (including 12 long-stay apartments with a registered office)
Parking: 66 spaces on the second basement floor
Architecture: tec Architecture, Los Angeles
Interior: Marcel Wanders, Amsterdam
Project Development: Mettler2Invest AG
Opening: March 2015
Property size: 5,502 sq m
Building size: 22,600 sq m
Purchase price: CHF 89,000,000
Approximately EUR 96,120,000
Commission: 3% + VAT
The Z brand is based on the combination of design, lifestyle, modern technology, and friendly service. Z has received numerous national and international awards, confirming the brand's appeal. Among other accolades, the Z Hotel was named one of the five outstanding hotels in Zurich by the authoritative Forbes Travel Guide.
With 245 rooms (standard, premium, and suites), a conference hall for up to 960 people, and a conference center with meeting rooms for 10-150 delegates, the Z Hotel Zurich is primarily aimed at business travelers.
The project is a robust U-shaped building with a covered courtyard.
The spa with a sauna, fitness center, and 320 m² rooftop terrace, as well as bars, lounges, and a restaurant, also attract those seeking peace and quiet, offering a treat for all the senses.
The Z Hotel Zurich is an internationally renowned hotel that sets new standards in modern luxury hospitality with its impressive architecture and exceptional interiors.
A long-term franchise agreement for the Autograph Collection brand has been signed with Marriott International. Z Hotel Zurich thus benefits from a global presence and all the advantages of the world's largest hotel chain, such as the Marriott Bonvoy customer loyalty program.
They have extensive experience in luxury hospitality and tourism and have established a variety of sustainable partnerships to support the company's future success. Since 2017, Z Hotel Zurich has been a partner hotel of Singapore Airlines. A long-term strategic partnership has also been established with the renowned Asian airline Cathy Pacific. In the automotive sector, the AMAG Group and its AUDI brand have been acquired as a partner. The Z Hotel Zurich is located in the renowned Glattpark district and enjoys excellent public transportation links:
Distance to Zurich International Airport: approximately 3 km
Distance to Zurich Main Station and the city center: approximately 1 km
8 km
Underground garage with 66 spaces, additional parking approximately 100 meters from the hotel
Member of the exclusive Autograph Collection and member of the Marriott Bonvoy loyalty program
ROOMS AND SUITES
105 PREMIUM ROOMS and 119 DELUXE ROOMS: Stylishly furnished rooms vary in size and layout. Deluxe rooms also feature a bathtub.
6 BUSINESS ROOMS: These rooms offer all the amenities of a modern office for discerning business travelers, including a large conference table.
3 JUNIOR ROOMS: Our Junior Suites, uniquely designed and individually themed, feature all the necessary amenities, including a bathtub and shower. 5 SUPERIOR ROOMS: Enjoy even more space in our Superior Suites.
Their individual design adds to this special experience.
6 EXECUTIVE ROOMS: These rooms offer enhanced comfort, generous living space, and impress with their exceptional design. KING SUITE: Located exclusively on the 5th floor, the King Suite creates a majestic atmosphere and impresses with its size and unique design.
POWER HOUSE SPA & FITNESS CENTER
24-hour Power House fitness center
2 saunas
Spa lounge with rooftop terrace
MEETINGS & EVENTS
1,300 m² of conference space
9 individually configurable meeting rooms for up to 960 guests
Private "YOU" dining room
Marriott Bonvoy Events - Earn up to 50,000 points per event
Additional information and forecast:
- The data presented in the business case reflects the current situation after two "coronavirus years." In 2018, before the crisis, capacity utilization was 76%, and revenue amounted to CHF 18.8 million.
- Management expects to exceed pre-crisis levels in 2024.
- Thanks to significant cost reductions and increased support funds, a near-breakeven position was achieved, despite a sharp decline in revenue in 2020 and 2021.
- Support funds in the form of a non-refundable payment of CHF 2.8 million and a loan of CHF 500,000 were reflected in the annual financial statements for 2020 and 2021.
- The optimized cost structure is the result of ongoing optimization of individual business areas. In particular, administrative staff costs were significantly reduced, without impacting the quality of guest service. - Since May 2022, revenue has grown significantly again, and the company is once again demonstrating positive monthly results.
- Compared to competitors (see STR 2021 overview), Kameha Hotels has a higher average occupancy rate (OCC). Combined with average daily room rates (ADR), this results in higher revenue per available room (RevPar) than competitors.
- Currently, the industry's biggest challenge is attracting qualified employees.
To address this, management is implementing numerous measures to positively influence the motivation of existing employees (e.g., team building activities, summer and Christmas parties, on-the-job training, as well as staff expansion and professional development). Kameha also offers three different apprenticeship programs to promote and attract young talent within the company. - Over the past five years, numerous framework agreements have been concluded with neighboring companies (Takeda, Mondelez, Baxter, Pfizer, Swiss Television, Sunrise/UPC, and many others), significantly contributing to sustainable growth. - The hotel's strong positioning as a "hotel for business travelers and events"
will be maintained and strengthened in the future. The hotel's unique selling points include its outstanding design, cutting-edge technology, and friendly service.
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