The Social Hub Explained
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
The 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
The 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
The 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
TSH'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]
Notes and References
- Web site: More than just a hotel. 2024-06-01. The Social Hub. en.
- Web site: Company Overview of The Student Hotel, Inc.. Bloomberg. 30 July 2018.
- Web site: The Student Hotel About pages. The Student Hotel. 30 July 2018.
- News: THE STUDENT HOTEL FUELS EUROPEAN EXPANSION WITH FIVE NEW PROPERTIES IN THE PIPELINE. Kilburn. Hamish. 12 June 2018. 30 July 2018. Hotel Designs.
- Web site: More than just a hotel. 2021-07-27. The Student Hotel. en.
- Web site: BEST INNOVATION HOTEL "INDIVIDUAL INITIATIVE" 2014. Hospitality Awards. Worldwide Hospitality Awards. 30 July 2018.
- Web site: The Best in Class Awards. University Business. University Business. 30 July 2018.
- Web site: Winners. Frame Awards. Frame Awards. 30 July 2018.
- Web site: Our sustainability promise. 2021-07-27. The Student Hotel. en.
- News: BRIEFING Investors Warned Co-Living Culture Is Transforming Hospitality Industry. Mac Ruairi. Cormac. 1 June 2017. 30 July 2018. Property EU.
- News: Student Hotel Group Raises £118m. Walsh. Dominic. 30 October 2013. 30 July 2018. The Times.
- Web site: APG invests in residential property company Student Hotel. Handy. Russell. IPE Real Assets. IPE Real Assets. 30 July 2018.
- Web site: 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. 30 July 2018.
- News: The Student Hotel Group Expanding Across Europe. Fountain. Daniel. 20 March 2017. 30 July 2018. Hotel Designs.
- News: The Student Hotel acquires the Carlyle Group's 85% stake in student accommodation properties (NL). 15 November 2017. 30 July 2018. Europe Real Estate.
- Web site: The Student Hotel adds five new sites to European portfolio. 8 June 2018. IPE Real Assets. 30 July 2018.