Qbic London, which opened in November, has helped to fast-track Qbic’s projected growth plans “beyond expectations”.
The Qbic hotel opened in a disused office block on Adler Street in Shoreditch, and features “innovative design”, “sustainable practices” and “community initiatives.” Prices start from £69 per night for a room.
Paul Janmaat, business development director of Qbic, said: “Qbic is an incredibly strong investment opportunity for real estate owners and developers. It offers the best formula in the world to transform existing office space into high-margin, budget economy hotels.
“Essentially, it’s a great way to fill empty real estate with a valuable concept that has already demonstrated high returns. Where the building on Adler Street was previous vacant, thanks to Qbic it is now producing income for the landlord.”
Janmaat added that Qbic is now seeking sites in Camden, Borough, Vauxhall and Southwark.