The Social Hub (TSH) formerly known as The Student Hotel is a hotel chain[1] and co-working space,[2] founded by Scottish entrepreneur Charlie MacGregor in 2006.[3]
Ethos
editThe chain comprises student accommodation, hotel rooms, coworking space, meeting and event spaces and restaurants, and aims to create a connected working community[4] amongst its students and business guests.
As of 2021 the chain has locations in thirteen European cities.[5]
Awards
editThe Student Hotel received the Worldwide Hospitality Awards’ Best Innovation Hotel Individual Initiative in 2014[6] and was awarded a Best in Class Award in 2017 for Best New Student Housing Development. [7]
TSH Maastricht was nominated for the 2018 Frame Awards’ Best Use of Color.[8]
Sustainability
editThe chain was awarded €82 Million in 2019, in Green Financing for Toulouse and Paris, to improve its sustainability by incorporating ESG targets. It also contributes to various social, environmental and ethical causes.[9]
Growth
editTSH's backing has come from private equity,[10] including €150 million (£118m) from Perella Weinberg Real Estate in 2014[11] and €100 million from APG in 2015.[12]
TSH is investing €1.8bn in its international growth strategy,[13] bringing its total number of rooms to 17,550.[14]
In 2016, it acquired the Carlyle Group's 85% stake in three properties located in Amsterdam[15] and locations are currently under development in Lisbon, Paris, Barcelona, Porto, and Florence.[16]
References
edit- ^ "More than just a hotel". The Social Hub. Retrieved 2024-06-01.
- ^ "Company Overview of The Student Hotel, Inc". Bloomberg. Retrieved 30 July 2018.
- ^ "The Student Hotel About pages". The Student Hotel. Retrieved 30 July 2018.
- ^ Kilburn, Hamish (12 June 2018). "THE STUDENT HOTEL FUELS EUROPEAN EXPANSION WITH FIVE NEW PROPERTIES IN THE PIPELINE". Hotel Designs. Retrieved 30 July 2018.
- ^ "More than just a hotel". The Student Hotel. Retrieved 2021-07-27.
- ^ "BEST INNOVATION HOTEL "INDIVIDUAL INITIATIVE" 2014". Hospitality Awards. Worldwide Hospitality Awards. Retrieved 30 July 2018.
- ^ "The Best in Class Awards". University Business. University Business. Retrieved 30 July 2018.
- ^ "Winners". Frame Awards. Frame Awards. Retrieved 30 July 2018.
- ^ "Our sustainability promise". The Student Hotel. Retrieved 2021-07-27.
- ^ Mac Ruairi, Cormac (1 June 2017). "BRIEFING Investors Warned Co-Living Culture Is Transforming Hospitality Industry". Property EU. Retrieved 30 July 2018.
- ^ Walsh, Dominic (30 October 2013). "Student Hotel Group Raises £118m". The Times. Retrieved 30 July 2018.
- ^ Handy, Russell. "APG invests in residential property company Student Hotel". IPE Real Assets. IPE Real Assets. Retrieved 30 July 2018.
- ^ "DUTCH BASED, THE STUDENT HOTEL TO EXPAND IN THE UK AS PART OF €1.8BN INTERNATIONAL GROWTH STRATEGY". The Hotel Property Team. The Hotel Property Team. Retrieved 30 July 2018.
- ^ Fountain, Daniel (20 March 2017). "The Student Hotel Group Expanding Across Europe". Hotel Designs. Retrieved 30 July 2018.
- ^ "The Student Hotel acquires the Carlyle Group's 85% stake in student accommodation properties (NL)". Europe Real Estate. 15 November 2017. Retrieved 30 July 2018.
- ^ "The Student Hotel adds five new sites to European portfolio". IPE Real Assets. 8 June 2018. Retrieved 30 July 2018.