INVEST IN THE GROWING APARTHOTELS SECTOR - The Parklane Group
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GROSS INCOME (2016/17) WAS £9MILLION AND IS AN ESTABLISHED AWARD-WINNING BRAND PROJECTED TO GROW TO £20m BY 2020 Operating in eight locations THE PARKLANE GROUP across five cities, we offer MAKING IT HAPPEN CONTRACTED DEVELOPMENT stylish suites that offer a PIPELINE UP TO 2020, personal touch for adventure, DELIVERING Roomzzz is a part of The business and celebration. 6 Roomzzz enables discerning leisure and business guests to Parklane Group, who have made a big impact over the NEW HOTELS last 40 years. From property choose a spacious city centre to leisure, we’ve earned the apartment, offering more reputation of being a market AVERAGE HISTORIC GROSS freedom than a conventional leader in the UK by breaking INCOME GROWTH OF hotel. boundaries, keeping family 18% Our pipeline is strong and our objective is to operate over values at the heart of our business, and being passionate PER ANNUM 2000 suites across 20 gateway about constant innovation. city locations, within the next OPERATING 200,000 ROOM five years. NIGHTS PER YEAR RISING TO 350,000 BY 2019 85% OCCUPANCY RATE AVERAGE ROOM RATE OF £75, GROWING AT AN AVERAGE OF 10% EACH YEAR
UK HOTELS APARTHOTELS The outlook for well operated and branded hotels within London and A MAJOR PLAYER IN provincial markets remains strong. A FAST-GROWING MARKET SECTOR The UK aparthotel market has seen positive growth over the past five years, with the sector now accounting for 6% of hotel investment, compared to just 2% in 2011. Recent improvements in the sector such as the availability of performance data, benchmarking information and brand awareness are factors that have created a greater degree of confidence amongst investors. The aparthotel business model is also extremely efficient, with operating costs accounting for circa 40% of total revenue while it is circa 60% in full-serviced hotels. The main reasons being the absence of cafes and restaurants, reducing fixed and staff costs and a reduction in housekeeping staff due to longer on average stays. UK REGIONAL HOTELS OF LESS OCCUPANCY LEVELS 17,000 THAN 150 ROOMS HAVE ACHIEVED UP TO REVPAR GROWTH OF NEW ROOMS OPENED 4% 82% ACROSS THE UK IN 2017 (LONDON) AND 77% IN 2017 (UK PROVINCES)
TARGET MARKET WE ATTRACT HOW THE APARTHOTEL BUSINESS, LEISURE SECTOR IS BENEFITTING AND BLEISURE GUESTS FROM AIRBNB 49 % OF BUSINESS TRAVELLERS ALREADY EXTEND With a number of benefits over the standard hotel offer, such as ample space and a kitchen, we give our The emergence of Airbnb in August 2008 has revolutionised the industry. The extent to which it is continuing to pull THEIR TRIPS TO ENJOY guests more freedom than business away from traditional THE DESTINATION the standard hotel. That’s hotels is highlighted in a why it’s equally attractive to recent report from Alphawise families, corporates, couples Morgan Stanley, where 49% and solo travellers from of Airbnb customers said they around the globe. And a new are substituting away from category of target audience traditional hotels. has recently emerged. Named Travellers desire a more by the travel industry as authentic accommodation the bleisure market, they are experience, so the city centre business travellers who extend aparthotel offer appeals to this their stay to mix business emerging group of travellers. It with leisure. also provides reassurance on issues such as service, health and safety and security, that Airbnb can’t provide.
OUTSTANDING FACILITIES We recently commissioned colourful, quirky illustrations from celebrated artist, Katie Edwards. Her first project was to bring our USP’s to life! MAKE THE MOST OF OUR CONNECTIONS Super-fast wifi, free mobile and landline calls… in this day and age, it is important to stay connected! IT’S ALL IN HAND SPRING OUT OF Our team are on hand 24/7 to assist guests with anything, from BED REFRESHED checking in during the small hours, Some hotels boast about their good EARLY BIRD? to advising where to find street art or that vintage handbag! COOK UP A STORM night sleep guarantee with beds that have 1000 sprung mattresses. Double that to 2000 springs and you’ve NIGHT OWL? Our guests can work their culinary magic, prep lunch for the next day got our Ultimate Comfort Beds – a Whether our guests are early birds or or reheat a takeaway! HEAD AND HEART guaranteed bright-eyed and bushy- tailed start to the day. night owls, a complimentary selection of hot and cold drinks, including bean WORKOUTS to cup coffee is available 24/7. GRAB & GO At our newest aparthotels, it’s not just about a great place to stay. Because No waiting for breakfast to be served. the gym means guests can keep up Guests can enjoy freshly baked their fitness regime, staying in shape pastries, fruit and their favourite first and keeping healthy when they’re drink of the day…. to take back to bed, away from home. or to go!
ELEGANCE & OUR RANGE OF SUITES DEZIGN SUITES 28m 2 – 38m 2 We offer a range of stylish suites to suit Feature studios and apartments with different markets and occasions – whether our unique design features GRANDE STUDIO design features. guests are staying for adventure, business or 28m 2 – 38m 2 celebration. Large studio suites for something extra. PENTHOUSE 34m 2 – 40m 2 Designed to offer the ultimate city break. NEO STUDIO SMART STUDIO 17m 2 – 20m 2 22m 2 – 30m 2 Modern studio suites Spacious studio suites for a city experience. for all occasions. THE FUTURE We will always stay true to our belief that LIBERTY guests should enjoy everything the city APARTMENTS 50m 2 has to offer, so will not be introducing a bar or restaurant into any property in Spacious 1,2 or 3 bedroom apartments for our pipeline. However, following the an extra touch of luxury. success of some of the other Parklane Group brands, we recognise the benefit of offering communal spaces which add value. Therefore, moving forward, wherever possible, we will introduce guest lounges, delis, gyms and co-working spaces.
CURRENT LOCATIONS NEWCASTLE 14 boutique city centre Individualistic. Distinctive. Authentic. apartments, completely individual and bursting with features. CHESTER CITY 64 luxury apartments in Chester city centre overlooking Chester Racecourse. EDINBURGH 2021 LEEDS CITY WEST 109 spacious apartments located within easy reach of the vibrant city centre. NEWCASTLE 2019 LEEDS HEADINGLEY 22 generously sized apartments, close to some of HARROGATE 2019 YORK 2019 Leeds’ top sporting venues. LEEDS CITY CENTRE LIVERPOOL 2019 MANCHESTER CITY 36 apartments designed for city living, right in the 59 beautifully designed heart of Leeds. apartments, inspired by the bustle of nearby Chinatown. OPENING SOON STRATFORD - 2018 HARROGATE - 2019 NOTTINGHAM NEWCASTLE - 2019 MANCHESTER STRATFORD 2018 106 contemporary apartments, YORK - 2019 CORN EXCHANGE centrally located for sports, shopping and culture. 114 apartments which LIVERPOOL - 2019 embrace the quirks and history of the beautiful Grade II listed building. EDINBURGH - 2021
TARGET LOCATIONS Five new sites are planned to open in the UK over the next two years, but Roomzzz is currently in negotiations AMSTERDAM BERLIN WARSAW BRUSSELS with major blue chip and investment companies for PRAGUE KRAKOW PARIS other sites across the UK, Europe and beyond. MUNICH CHICAGO BARCELONA ROME NEW YORK LOS ANGELES MIAMI DUBAI ABU DHABI AT HOME CENTRAL LONDON DURHAM BIRMINGHAM YORK BRISTOL HARROGATE BRIGHTON NEWCASTLE CARDIFF CAMBRIDGE GLASGOW OXFORD EDINBURGH BOURNEMOUTH DUBLIN BATH BELFAST MILTON KEYNES LIVERPOOL
HARROGATE - 2019 Works will commence in June 2018 to see us open 98 PIPELINE apartments within the Great Yorkshire Showground site, which THE NEXT GENERATION OF ROOMZZZ hosts over 700 events throughout the year. Within our £12million aparthotel, we will offer larger suites to appeal EDINBURGH - 2021 to wedding parties, families and Expansion into the Scottish capital is a groups who attend events at the significant milestone for Roomzzz, which will showground. For the business be located within the £1billion Edinburgh St market, we will offer our James development. co-working brand, workinc, and a communal lounge and deli will Our 75 apartments will take prime position appeal to all. within the 1.7 million ft2 development, which will become Edinburgh’s most popular retail hub, with a line-up of 86 new shops, 20 restaurants and a range of leisure facilities over four floors. Our striking £20million aparthotel will NEWCASTLE - 2019 YORK - 2019 LIVERPOOL - COMING SOON feature a rooftop terrace and balconies Works have begun to expand An incredible riverside location Further along in our pipeline, we to every apartments to enable guests to of our current 14-bedroom offering 97 exquisite suites and will be opening 105 suites over 6 appreciate breath-taking views of the city’s townhouse into a six-storey apartments. The four-storey, floors in the historic building above historical landscape. £12million development, creating £19million development has the TK Maxx store in Church 74 extra apartments and also begun construction, due to open Street, bringing the development introducing a communal lounge next year. back to life. for guests to enjoy. STRATFORD - SUMMER 2018 Roomzzz will enter the London market with its new aparthotel in Stratford, offering 98 boutique apartments. Stratford will be the birth of a new generation of aparthotels – one that focuses on offering communal spaces which add value. Along with the guest lounge and gym we introduced in our latest opening, we will also offer a deli and coffee shop and our co-working brand, workinc.
A WINDOW TO THE FUTURE OPERATIONAL SITE INC – A WORLD-CLASS REQUIREMENTS DEVELOPMENT IN LEEDS • Central city locations with high footfall • High profile routes, high profile buildings/developments REDEFINING THE SKYLINE • 2,800 m2 (30,000 ft2) up to 5,600 m2 (60,000 ft2) OF YORKSHIRE • Walking distance to tourist attractions for the leisure market Leeds is to be reshaped by a • Corporate/transient market within location mould-breaking scheme. The • Ideally 100-150 apartments (50-60% standard Smart Suite) Parklane Group is working with internationally renowned architects BDP to create a £160m world- class, 33-storey, 45,000 m2 gateway building in Leeds city centre. INC is a place where a new community can visit, work, live, DELIVERY stay and play all under one roof. INC will be a visually stunning structure for a forward-thinking city The Parklane Group are actively seeking funding and delivery and Roomzzz is delighted to be a partners. Across our sites, we work with many partners, such part of that. as Aviva, THB Real Estate, Major Property Group, Legal and General and Yorkshire Agriculture Society. We wish to work in partnership with Local Authorities and the private sector to attract investment into city centre regeneration zones, creating jobs and contributing to the Authority’s future growth expectations. The team has substantial development and operational management experience, strong market insight and a wide industry network and would look to structure a mutually beneficial delivery framework to help grow the brand and share the rewards. • Equity Partner/Joint Venture • Forward Fund – Lease/Management Agreement • Franchise
LET’S TALK NAVEEN AHMED ROBERT ALLEY CEO Chief Operating Officer naveen@theparklanegroup.com robert@roomzzz.com SAMEER AHMED +44 (0)113 230 5627 Commercial Director roomzzz@theparklanegroup.com sameer@theparklanegroup.com roomzzz.com
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