CapMan Hotels II has signed lease agreements with Minor Hotels and Citybox for two hotels in Copenhagen, enhancing its portfolio with established brands and positioning for future growth.
Information on the Target
CapMan Hotels II has recently secured lease agreements with Minor Hotels and Citybox for two hotels in Copenhagen following its acquisition of Midstar Fastigheter AB. The Grand Joanne Hotel, which began operations in 2023 after a comprehensive renovation, will operate under the NH Hotels & Resorts brand. The 162-room hotel is located in central Copenhagen, offering guests modern amenities and easy access to major attractions.
In addition, the Best Western Plus Airport Hotel Copenhagen, featuring 240 rooms, is set to transition to a Citybox hotel. This location, situated in Kastrup near the airport, will undergo refurbishment before reopening under the Citybox brand. Citybox is renowned for its budget-friendly offerings, catering to a young, modern clientele.
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Industry Overview in Copenhagen
The hotel industry in Copenhagen has experienced significant growth in recent years, driven by an increase in both business and leisure tourism. Not only is Copenhagen recognized for its stable economy, but it is also an
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CapMan Hotels II
invested in
Midstar Fastigheter AB
in 2025
in a Other Private Equity deal