Deutsche Hospitality is to launch Zleep Hotels in the Czech Republic with a site in Prague, due to open in 2024.
The 166-room Zleep Hotel Prague will be part of a mixed-use scheme comprising an international school, housing units, offices and a retail area.
“This new location complements our portfolio perfectly,” said Thomas Willms, CEO, Deutsche Hospitality. “We are seeing considerable tourist demand in the Czech capital. The Zleep Hotel will provide a cost-effective option in a prime location for business and leisure travellers alike.”
“We are very much looking forward to establishing a first Eastern European presence for our economy brand in 2024,” added Robert Boller, managing director, Zleep Hotels. “With Penta Real Estate, we have found an outstanding partner as we seek to implement the Zleep Hotels concept within the context of an exciting and future-oriented real estate project in the Czech Republic’s largest city.”
David Musil, residential & hospitality director, Penta Real Estate, said: “We are delighted to have secured such an innovative and dynamic brand as Zleep Hotels for the Waltrovka II project and are looking forward to entering into a long-term cooperation arrangement with Deutsche Hospitality, a renowned and international player in the hotel sector.”