260 units added to the NUMA portfolio – NUMA now has 630 apartments in Munich
Bookable from late May 2023
Munich / Berlin, 15.05.2023 – NUMA Group, the leading European operator of fully-digital boutique apartments and technology developer, has today announced the launch of an additional 260 units in Munich, a move that expands the NUMA portfolio in Munich to 630 apartments. The property – the largest property in NUMA’s history – is home to 260 rooms with a total of 445 beds at an average of 25 square meters per unit. Attractive destinations including Munich’s famous Olympic Park, BMW Museum and Nymphenburg Palace are all close by and can be reached quickly and easily.
In order to ensure the property complies with NUMA’s high standards, it will undergo a floor-by-floor renovation while operations continue. This will also enable NUMA to implement its proprietary digital technologies, including intelligent yield management and property-specific operations, sales and marketing systems. In future, a whole range of processes, such as check-in and housekeeping, will also be managed digitally at this property. Leveraging its innovative technology solutions, NUMA provides a first-class guest experience and reduces operating costs by up to 60 percent. The accommodation will be bookable via NUMA from the end of May 2023.
NUMA Group offers real estate partners, hotel, and building owners the security of a professional operator with a strong international track record and a sustainable business model backed by renowned international investors.
Dimitri Chandogin, President of NUMA Group: “NUMA is increasingly integrating large-scale properties owned by institutional investors into its portfolio. Thus, we will continue to identify opportunities involving larger hotels that can be adapted to meet the current and future requirements of a new generation of tourists with the digital NUMA concept. The boundaries between Airbnb and classic hotel products are increasingly blurring.
With this milestone in the heart of Munich, we are once again significantly expanding the NUMA portfolio of high-quality units in top locations in Munich. Together with the NUMA properties on Munich’s Landwehrstraße, Schwanthalerstraße and Paul-Heyse-Strasse, NUMA now has 630 units in the Bavarian capital.”
Berlin-based NUMA Group is Europe’s leading fully-digital boutique apartment operator and technology developer. With its brand attitude “bring some soul to travel,” the company provides disruptive design hotels for modern travelers. A trusted partner for investors, owners, and developers, NUMA uses proprietary technology-based operating solutions that largely automate operations and increase cost efficiencies and revenues. NUMA successfully operates more than 3,750 units in European A-cities, including Berlin, Munich, Rome, Milan, Madrid, Barcelona, and Vienna.
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Press Contact NUMA Group Europe Corporate Communications Joachim M. Guentert Jaegerstr. 71 D - 10117 Berlin