Dutch brand creates parent company to prepare for growth

by | 28 Sep 2022 | Portfolio

Dutch boutique hotel firm Eden Hotels has revealed capital investment plans and created a new parent corporate company, Zien Group.

The new group will be the home of the hotel chain and all future brands and businesses.

Opportunities and refurbishments

Current Eden Hotels CEO, Billy Skelli-Cohen, will lead Zien Group, which will be based in Amsterdam with offices in London.

He set out plans for Zien’s first two businesses, including a commitment of over £40 million of capital investment into the existing portfolio of hotels alongside significant capital to grow the business. Zien will prioritise a refinement of the Eden brand with refurbishments of some properties; as well as create a new brand of individual hotels, initially by re-imagining some of its own assets.

Zien Group is looking to expand both Eden Hotels and the new brands beyond the Netherlands, and is actively looking at new opportunities in Europe and the UK.

Unlocking potential

Private equity firm KSL Capital Partners acquired a majority stake in Eden Hotels in December 2021. Eden Hotels was created by the Dijkstra family 75 years ago and currently has a portfolio of 14 hotels across the Netherlands. Skelli-Cohen was appointed as CEO of Eden Hotels in May 2022, with a mandate to build a robust platform for growth and development.

Skelli-Cohen explained: “The support and investment from KSL and the Dijkstra family allow us to unlock potential by elevating the hotels in our portfolio and enabling our plans to grow across Europe and the UK. This marks the start of a transformational moment for our group and our team – it’s incredibly exciting and I am thrilled to be part of it.”

Related Articles

Wyndham adds 25th brand

Wyndham adds 25th brand

The deal has been explained as a strategic partnership with WaterWalk, which currently has 11 hotels with over 1,500 rooms, across key US city markets including Tuscon, Jacksonville and Wichita. The brand is an upscale extended stay offer, and will become the 25th...

Wyndham supports women owners

Wyndham supports women owners

Wyndham Hotels & Resorts has achieved a milestone of 50 hotels signed under its Women Own the Room initiative. Launched in early 2022, the initiative aims to address the imbalance in hotel ownership, breaking down the barriers women face in the sector. Analysis of...

Loan deal backs greener hotels

Loan deal backs greener hotels

Australian hotel investment group Pro-invest has agreed a green loan with Aareal Bank, refinancing a portfolio of five Holiday Inn Express properties across Australia. The arrangement refinances Holiday Inn Express properties in Brisbane, Adelaide city centre,...

HSH pauses for breath

HSH pauses for breath

With hotels in Hong Kong, Shanghai and Beijing, the company saw 2023 as a year of recovery, as the Chinese authorities opened up travel after the pandemic, from February. But these three properties are still lagging their performance compared with years prior to the...

Wyndham builds momentum in Asia Pacific

Wyndham builds momentum in Asia Pacific

The ramp up follows a successful 2023 for the group, during which it opened 158 hotels across the region, and signed 222 more into its growth pipeline. Wyndham CEO Geoff Ballotti kept up the pace in early March, signing no less than 27 new hotel agreements during a...

ABOUT THE CHAIN

Eden Hotels underlines the unique, individual character of each hotel that belongs to the group, with an identity that fits both the local surroundings and the hotel manager.