Julius Meinl Living - House of Julius Meinl

Luxury Home Away from Home

Julius Meinl Living, through its group companies, acquires prime real estate assets either as existing serviced residences or for development into luxury residential hotels. The group operates the properties itself and the flagship properties are trading under the brand name “The Julius”.

Residential hotels – also known as serviced residences, serviced apartments, aparthotels, or extended stay apartments – are established as an alternative to classical hotels in the US, Asia and parts of Western Europe.

In Central Europe however, the sector is still underdeveloped, even though the demand for such alternative accommodation is rising fast.

Properties

377

Apartments

180

million € of assets

Luxury Residential Hotels & Services

The average size of the rooms in our luxury residential hotels amounts to approximately 35m2. Most of the rooms comprise a spacious multi-media lounge, a well-equipped kitchen, bedroom and bathroom. The rooms are positioned as offering five-star accommodation for four-star prices.

Each property offers a variety of normal hotel services, and through imaginative use of technology, enable a much wider range of third party services that will enhance the visits of business and leisure travellers alike.

Luxury Home
Away from Home

The Properties

The group’s flagship property is “The Julius Prague” on Senovazne Namesti in Prague, in the Czech Republic. It was opened in the spring of 2022 and has 168 guest rooms and apartments.

Designed by renowned architecture and design firm Matteo Thun & Partners, The Julius balances luxury and modern design with warmth, comfort and convenience. Evoking the timeless standard and spirit of European hospitality through a modern mind-set, The Julius Prague offers a place to relax, explore, work and treat as a home in the city.

The Brasserie The Julius sits at the centre of the property and offers the perfect setting for lunch or relaxed working during the day, before the lighting dims to a relaxed atmosphere, encouraging guests to enjoy the evening drinks and food menu.

The Julius Prague has been created to cater for both short and long-term stays in generously sized residences. Spacious communal areas, relaxing lounges and professional co-working spaces enable guests to network, meet like-minded people or simply unplug.

The group’s second property, the Escala Hotel & Suites is in Budapest and was acquired in June 2021. It has 51 guest apartments.

In March 2024 the group acquired a property in Bucharest, which will be redeveloped to open as “The Julius Bucharest” in 2027. The Julius Bucharest will have 158 guest rooms and apartments.

Central Europe & Beyond

Julius Meinl Living can invest across the EU and potentially also in adjacent countries, however its initial focus will be on capital cities such as Prague, Budapest, Bucharest and other Central European capitals as Julius Meinl Living believes that these are currently the most attractive for its business model.

In September 2024, The Julius Fund launched in the Czech Republic. Fund offers to qualified investors an opportunity to participate in the success of the luxury aparthotel concept through shares and bonds issued by Julius Meinl Living Plc.