The doors are open to Citybox Brussels - a new affordable design hotel in the center of Brussels
Citybox Brussels, a new addition to the hotel scene in central Brussels, is now open. The hotel enjoys a strong location next to the prestigious Avenue Louise in the heart of the city. After an extensive renovation, the hotel reopened in summer 2024 with 246 modern rooms.
19 September 2024
In 2022, Pandox acquired the property formerly known as NH Brussels Louise, and subsequently entered into a collaboration with the Norwegian hotel operator Citybox on a 25-year revenue-based lease with an option to extend for a further 10 years.
An extensive renovation and repositioning started in spring 2023 and covered all parts of the hotel, including rooms, bathrooms, public areas, technology, facade and roof.
This is the first collaboration between Pandox and Citybox, and is Citybox's first hotel in Brussels. The design of the hotel fits perfectly into the Citybox economic lifestyle concept and addresses a different demand segment compared to Pandox's other hotels in Brussels.
This project exemplifies Pandox's strategy of revitalizing underperforming properties and repositioning them to attract new types of demand.
“Pandox's hallmark is to create value by acquiring, developing and upgrading underperforming hotel properties in an international environment. Citybox Brussels is a very clear example of this. We are convinced that Citybox is the right operator for the hotel to reach its full potential”, says Martin Creydt, SVP Property Management International at Pandox.
Including Citybox Brussels, Pandox owns nine hotels in Brussels, six of which in Own Operations.
Photo credit: Antoine Deckers