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Heart Of Vienna Luxury Collection Neo Renaissance Hotel For Sale

Vienna, Wien, Austria
Asking Price:
€170,000,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

This iconic hotel is a stunning example of Italian Neo-Renaissance architecture, offering a unique blend of luxury, history, and convenience. The exterior is adorned with heraldic animals from the Württemberg coat of arms, and the interior is opulent with marble work, statues, and chandeliers.

Elegant Italian exterior with heraldic animals
Opulent interior with marble work, statues, and chandeliers
Private balconies with views of the Altstadt skyline
Convenient location near Vienna International Airport and Karlsplatz Vienna U-Bahn station
Rich history, hosting famous guests such as Queen Elizabeth II and Charlie Chaplin
Completely renovated in 2014 with the addition of the Path of History exhibition

Location:
The hotel is perfectly situated in the heart of Vienna, on the famous Ringstrasse, a UNESCO World Heritage Site. It is within walking distance of many of Vienna's most popular attractions, including the Hofburg Palace, the State Opera House, and the Schönbrunn Palace. It is also very close to the Karlsplatz Vienna U-Bahn station, which provides excellent connectivity to the city's public transportation network.

Brief History:
Originally built in 1863 as the Palais Württemberg, a private residence for Duke Philipp of Württemberg and his wife Maria Theresa. The palace was designed by architect Arnold Zenetti in the Italian Neo-Renaissance style. In 1873, the palace was converted into a hotel and opened its doors to guests.

The hotel has hosted many famous guests over the years, including Queen Elizabeth II, Charlie Chaplin, Sigmund Freud, Alfred Hitchcock, Maria Callas, and Audrey Hepburn. Today, it is one of Vienna's most exclusive five-star hotels, hosting dignitaries and royalty from around the world.

Renovation:
Extensively renovated in 2014, the ground floor underwent a significant transformation. This makeover and remodeling included the addition of the Path of History exhibition, curated by famous hotels. This captivating exhibit takes guests and visitors on a journey through the hotel's rich history and heritage, making it a unique and cherished feature for all

Private Events:
It is the perfect venue for a range of private events, from official state visits to international conferences, social occasions, weddings, and corporate functions. Its banquet rooms, such as the Marble Hall and Salon Imperial, are equipped with modern technology and can accommodate various event requirements and guest counts.

Basic numbers:
Guest Rooms: 138, out of which is 62 large suites.
Guest room size: 323 sq. ft
Suite size: 500 sq. ft.
Total Meeting rooms: 4,036 sq. ft.
Total building size; ~110,000 sq.ft.
Year Built: 1863
Last Renovation 2014 - Extensively renovated, the ground floor underwent a significant transformation.

The actual asking price is 170,000,000,- EUR.

More information and investment opportunities you can find here:

HIGHLIGHTS
-Prime location: The hotel is located in the heart of Vienna, on the famous Ringstrasse, a UNESCO World Heritage Site. This makes it easily accessible for tourists and business travelers alike.
-Luxurious accommodations: The hotel has 138 rooms and suites, all of which are decorated in a luxurious and elegant style. The rooms are also equipped with modern amenities, such as air conditioning, minibars, and flat-screen TVs.
-Amenities: The hotel has a variety of amenities, including a spa, a fitness center, a swimming pool, and several restaurants and bars.
-History and heritage: The hotel has a rich history and heritage, having been built in 1863 as the Palais Württemberg. This makes it a popular destination for tourists interested in learning about Vienna's history.
-Reputation: The Hotel Imperial is a well-respected hotel with a good reputation. It has been awarded several awards, including the Forbes Travel Guide Five-Star Award and the TripAdvisor Certificate of Excellence.
-Potential for growth: The tourism industry in Vienna is growing, and the Hotel Imperial is well-positioned to capitalize on this growth. The hotel is also located in a prime location, which is likely to attract even more tourists in the future

Property Information

Real Estate:

Real Property Included

Location:

16 Kärntner Ring, Wien, Wien Austria