Novum Hospitality has partnered with project developer GBI AG in a joint venture to develop Frankfurt, Germany’s third Niu hotel.
The 344-room Niu Air is expected to open in late 2019. The design of the new Niu will be developed with non-profit association Viva con Agua.
The hotel, which is also named Leonardo-da-Vinci-Allee, is the first of three hotels opening in partnership with GBI AG. The two additional Niu hotels are set to open in Hamburg in Mannheim. They will join the brand's portfolio of two hotels in Frankfurt, which includes the Niu Coin and the Niu Charly.
This is GBI AG’s latest project in Frankfurt am Main, following two mixed-use developments in the European quarter of the Main metropolis. The project involved combining several hotel brands from different segments, student housing and a day care center.
Novum Hospitality is already on track to open more than 50 Niu Hotels across Europe over the next two to three years, following the start of its partnership with Merkur Development Holding. In line with this deal, the partners have already planned the opening of four hotels in Germany, the latest being the seven-story Niu Belt in Eschborn. Construction on the hotel with 176 guestrooms and 83 apartments is slated to begin in the first quarter of 2019, if their project is approved.
The most recent Niu opening in Germany was the Niu Cobbles in Essen. This was Novum Hospitality’s first property to open under the new brand. A majority of the group’s European portfolio of 161-hotels operates in Germany. Novum Hospitality currently has a development pipeline of 43 Niu hotels slated to open by 2022, most of which will also open in Germany.