German hotel company Novum Hospitality has signed a deal for the development of its 170th hotel, working with S&P Commercial Development GmbH, an associated company of the Sontowski & Partner Group. The new property will be part of Novum's plan to open 80 to 90 Niu hotels.
The 130-guestroom Niu Cure hotel will be on Paul-Gossen-Strasse/Koldestrasse in Erlangen. Construction is slated to begin at the end of 2019 and the Niu Cure is expected to open in 2021.
Commercial Development GmbH, which started working in the hotel-asset category last year, is relying on strategic collaboration with Novum Hospitality and the Niu brand in five of its mixed-use developments. Together with the Hamburg-based hotel group, the project developer is planning Niu hotels at four locations with a total of 1,000 rooms. In Hamburg, two Niu hotels are on the joint agenda, with one breaking ground shortly in Hamburg-Eppendorf. Besides Erlangen and the Hanseatic city, the partners also are planning Niu hotels in Nuremberg and Forchheim.
The Niu Cure name pays homage to the number of medical facilities and companies in Erlangen, which is the German capital of technical medical research, production and services.
Novum Hospitality currently has 160 hotels with 20,000 guestrooms across Europe. Earlier this year, Wyndham Hotel Group and Novum signed a long-term agreement to develop new hotels across Europe.