Owners, Union Investment, are investing €60m in modernising the iconic Berlin property managed by IHG.
The upgrade of the 558 guest rooms and the public areas of the hotel was announced earlier this year, during the IHIF conference, and renovation was set to get under way this summer. The hotel is remaining open during the works, which, says hotel management, will be managed in such a way as to ensure a continued high level of hospitality and uninterrupted guest services.
The renovation is taking place in several phases, ensuring guests will be able to enjoy “business as usual”. The strategic development began with the renovation of the large ballroom, with complete refurbishment of the guest rooms in the south and east wings of the hotel scheduled to start towards the end of the year. Work on the west wing will follow once these areas are completed. The lobby and reception space will also be refurbished while retaining their high-quality standards.
First opened in 1958, InterContinental Berlin is one of the most established and internationally renowned hotels in the German capital and has been upgraded several times during its history.
Martin Schaller, Head of Asset Management Hospitality at Union Investment Real Estate GmbH, who is overseeing the upgrading work together with his team, said: “InterContinental Berlin is one of the largest and most prominent hotels in our portfolio. By upgrading the property and agreeing early renewal of the lease, we are making sure the hotel is staying ahead in the diverse Berlin hotel market. We are absolutely delighted that together with IHG, we have been able to develop a joint concept for the future of this outstanding hotel.”
Karin Sheppard, Managing Director Europe, IHG, commented: “InterContinental Hotels & Resorts is the world’s largest luxury hotel brand, which recently opened its 200th property worldwide, in Shanghai, China. InterContinental Berlin is one of our landmark hotels for the brand, and with that, one of the most treasured hotels within the InterContinental family. We are absolutely delighted that, with the support of our partner Union Investment, we are further investing in this iconic hotel and reinforcing its position within the thriving hospitality market in Berlin and among hotels of similar prestige in Europe and beyond.”
Aernout de Jong, Regional General Manager, InterContinental Berlin, said: “I have been working at InterContinental Berlin for quite some time now – and I am very proud of this hotel and its team. It is an iconic building and an institution; even in a city with a rich culture like Berlin, this house has so much history in itself. We are making sure that this jewel of a hotel will go through a careful renovation that will make it even more luxurious and unique, without compromising its charm and magic. I am sure that our guests will be just as pleased as we are.”