The Student Hotel has set plans for expansion across Europe with five new hotel additions to the pipeline, according to a report from Hotel Designs.
The group announced at the opening of the TSH Florence Lavagnini—Italy's first The Student Hotel property—that it has acquired five new sites in Lisbon and Porto, Portugal; Paris; Barcelona, Spain; and Florence, Italy. The new property in Florence will be TSH's third in the city.
“Our fully flexible, hybrid model is the first to cater for the needs of hotel guests, students, entrepreneurs, young professionals and locals under one roof,” Charlie MacGregor, founder and CEO of TSH, told Hotel Designs. “In five years we aim to have 65 locations secured across Europe, 26,000 rooms and close to one million square meters of shared space. Our new TSHLIFE app and digital platform will connect nearly a million current and former co-living and co-working guests."
TSH Florence Manifattura Tabacchi
Manifattura Tabacchi will be constructed as part of a regeneration site in Tuscany led by Aermont Capital and CDP Immobiliare. The companies will invest €200 million to convert the former tobacco company factory near Piazza Puccini into an urban community outside of the city center. The development will have a food market, piazza, shopping, co-working spaces, events and exhibition venues.
The 318-room The Student Hotel is slated to open in 2021, following the Florence Lavagnini, which opened on June 7, 2018, and the 652-room Belfiore opening in 2020. The 361-room Bologna hotel is scheduled to open in 2019 while the Rome property is slated to open in 2020 with 481 guestrooms. TSH aims to have more than 10 properties in Italy open, in development or signed by 2023.
TSH in Portugal
TSH is set to enter Portugal with two new hotels in Carcavelos and Porto. The new seafront hotel in Carcavelos is scheduled to open in 2021 through a partnership with Stone Capital. The 435-room property will be near the new Nova Business School campus, Lisbon and an up-and-coming business center with start-ups and the new Google offices. TSH's new hotel in Porto's city center is set to open in 2020 with 300 guestrooms.
TSH in Paris and Barcelona
TSH is in talks to secure development sites for its second hotel in Paris. The 300-room hotel in the Peripherique is scheduled to open in 2020. TSH plans for the site in Barcelona to have the company's second new hotel in Spain, following the Madrid property opening in 2019. The 300-room hotel will be near the two TSH Campus student-only residences in the Marina and Poble Sec neighborhoods of Barcelona.