citizenM hotels announce roll out plans for Asia
The partnership will see flagship citizenM hotels established in major gateway Asian cities such as Hong Kong, Taipei, Shanghai, Beijing, Singapore and Jakarta.
Artyzen Hospitality Group and citizenM hotels have set up a joint venture operating company, Artyzen citizenM Asia Limited, to introduce and manage the rollout of the citizenM brand in Asia. The company will own the perpetual rights and concept to the brand in Asia exclusively, and will grow the brand distribution through hotel management agreements with owners and investors.
Rattan Chandha, chairman of citizenM says: “With the success we have had in Europe, it is natural that our next growth phase be in Asia. Choosing the right partner was our main strategic priority and we are ecstatic to be able to partner with Artyzen who are innovators themselves and have the resources to grow citizenM in Asia.”
Launched in 2008 in Amsterdam, citizenM focuses on offering its guests a stylish, luxury experience at an affordable price.
citizenM currently has hotels located in London, Glasgow, Amsterdam City and at Amsterdam Schiphol Airport. In early 2014, the group will open its first property in New York (Times Square) and Rotterdam. Current hotels under development include three more properties in London (Tower Hill, St. Pauls, Shoreditch), Paris (Charles de Gaulle Airport) and New York (Bowery). In addition to the Asia roll out, the company has plans to expand in major cities like Milan, Barcelona and Istanbul.
