Aroundtown has concluded a long-term lease agreement for a hotel property at Berlin's Alexanderplatz. The letting to Beds & Bars, an established international operator in the hostel and budget hotel segment, secures the operation of the 61 hotel rooms from July 2026 for a period of 20 years. This transaction underscores the continued attractiveness of the Berlin-Mitte location as well as the demand for suitable hotel concepts in the budget and lifestyle sector.
Beds & Bars possesses proven expertise in the international backpacker and budget hospitality market, and already operates sites in various European metropolises. By securing a presence at Alexanderplatz, one of Berlin's busiest areas, the operator strengthens its position in one of Europe's most significant city destinations.
Location advantages and amenity profile
The property benefits from its central location in Berlin and excellent connections to local and long-distance public transport. Berlin Central Station can be reached within minutes. Numerous tourist and cultural attractions of the capital, including the TV Tower and Berlin Cathedral, are located in the immediate vicinity. This qualifies the property for international city tourists as well as for budget-conscious individual and group travellers. The hotel features private rooms, a 24-hour reception, free Wi-Fi, air conditioning, and luggage storage facilities. These characteristics meet the requirements for urban short stays and an international mix of guests.
Beds & Bars operates as an international hospitality group focusing on hostels, budget hotels, and gastronomy concepts in central locations of European cities such as Barcelona, London, and Paris. The brand is particularly well-established in the backpacker and budget travel segment and appeals to an international clientele that prefers urban locations with good accessibility and contemporary amenities.
Aroundtown is one of the largest real estate companies in Europe. The company's portfolio is broadly diversified and includes a significant number of hotel locations in addition to office and residential properties. The current letting at Alexanderplatz confirms the strategy of leading properties in prime locations with attractive operator concepts to long-term partnerships.
