Bank Hotel, a signature hotel from Stockholm's hospitality group, Stureplansgruppen, opens its doors on August 22, 2018. The boutique hotel on Nybroviken Quay is in the heart of the capital's shopping, culture and entertainment district, with sweeping vistas of Stockholm's archipelago.
The hotel will be managed by Kokari Limited and has been developed by the international real estate investment companies Henderson Park and Hines. It will be the second Hyatt property in Greece, joining Hyatt Regency Thessaloniki.
H1 Comparable RevPAR: Americas = 3.2% (US = 2.7%); EMEAA = 3.0%, Greater China = 10.1%
In 2017, U.K. hotel occupancy was 35.5% higher than holiday rental occupancy, but holiday rental rates were 25% higher than hotel average daily rate.