The portfolio comprises well-positioned hotel assets operated under the Good Morning Hotels brand, totaling approximately 1,080 rooms. The assets benefit from strong accessibility, high visibility and proximity to major infrastructure and commercial hubs. Revelop sees opportunities to create long-term value through active management, repositioning and development.

Several assets are located in areas undergoing substantial urban development, creating favorable conditions for continued growth and long-term value creation. The portfolio is concentrated in Sweden’s major metropolitan regions, which account for a significant share of the country’s population growth and economic activity, further underpinning the long-term demand for accommodation and hospitality services in these locations.

“Through this acquisition, we add a budget hotel portfolio with strong fundamentals and clear value-creation potential. The assets are located to sub-markets supported by ongoing urban development and structural growth. Individually the assets present different opportunities to unlock further potential and create long-term value, making them a strong fit with our investment strategy” says Thomas Sipos, CEO and Executive Partner at Revelop.