Tristan Capital Partners’ EPISO 5 Fund has acquired the QO Hotel in Amsterdam for €92.1 million ($97.1 million).
The QO Hotel is a 288-key, four-star hotel and was one of the first hotels in Europe to achieve LEED Platinum status. The operator and tenant of the hotel will be the Ruby Group, a German-based, pan-European hotel operator with 14 hotels in operation and a further 21 in development. The hotel will be rebranded to Ruby Emma. As part of the rebrand, the public areas and facilities will be enhanced to include a bar/restaurant.
The hotel is in the Amstelkwartier, which is part of an urban sustainability initiative led by the city of Amsterdam. The hotel includes a high-tech rooftop greenhouse, a living façade and 1,600 fully responsive thermal panels that adapt and react to external climates.
It is ideally located, just five minutes from the De Pijp district, home to a mix of bars and restaurants. The hotel benefits from great public transportation c
