April 20, 2022 – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with an affiliate of SIGNA and CENTRAL Group for Thompson Vienna, a stunning new sophisticated lifestyle hotel to be located in the Austrian capital. The milestone development demonstrates Hyatt’s drive to expand its brands throughout Europe, along with a strong commitment to growing the Thompson Hotels portfolio.
Expected to open in late 2024, the 148-room hotel will be located on Mariahilferstrasse (Mariahilfer Street) in the popular retail area of Vienna, as part of an exciting development bringing a new KaDeWe high-end department store to the city. Thompson Vienna and KaDeWe together will create an immersive, cultural destination for tourists and locals alike, offering an all-encompassing experience that brings together global luxury brands, exciting dining and entertainment options.
“We are excited to be expanding our relationship with SIGNA and CENTRAL Group by introducing plans for Thompson Vienna, the third Hyatt property in the city,” said Felicity Black-Roberts, vice president development Europe, Hyatt. “Offering a refined residential feel, Thompson Vienna will attract visitors and locals alike with a dynamic social scene, all within the unprecedented development that will integrate high-end shopping, dining, entertainment, fashion and accommodations within one destination.”
World-renowned architects OMA and interior designers Tara Bernerd & Partners will design Thompson Vienna, creating a modern, edgy design inspired by the architecture and distinctive characteristics of Austria’s famous capital, complemented by the Thompson Hotels brand’s layered design, culinary sophistication and exceptional service.
“We are delighted to extend our collaboration with Hyatt on this exciting new landmark hotel for the Viennese social scene,” said Claus Stadler, COO SIGNA. “Together we will reimagine how retail and hospitality are intertwined to create a high-quality, lifestyle offering for our guests and visitors.”
The development follows Hyatt’s recent announcement of plans for the Thompson Hotels brand debut in Spain with Thompson Madrid.
The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
About SIGNA Real Estate
SIGNA Real Estate has been developing and managing exceptional real estate projects in central locations in Germany and Austria for over 20 years. An experienced team of real estate experts manages all activities from a project’s acquisition to its completion, and it meets the highest standards with regard to profitability, technology and sustainability. Reliability, fairness and completion on schedule are at the forefront of the team’s cooperation with project partners. These values are anchored in the philosophy of the company, which was founded by René Benko, and they make SIGNA a respected partner.
Its portfolio includes the KaDeWe and the Upper West Tower by the Gedächtniskirche in Berlin, the spectacular Elbtower high-rise project in Hamburg’s HafenCity, the premium Alsterhaus department store in Hamburg and the Oberpollinger and the Karstadt development project near Munich’s central train station. In Austria, the outstanding portfolio properties include the premium Park Hyatt Vienna hotel and the Goldenes Quartier business district.
With these projects, SIGNA is making important contributions to the development of cities. SIGNA doesn’t just concentrate on individual properties; it re-conceptualises topics such as inner city development, sustainability, variety of utilisations, networking and mobility. For liveable cities – for all of us.
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