Two years after opening, Kazakiwi is proving to be a success story, proving that a rethought and revitalized hotel business has its place in the market. In 2024, the establishment posted very positive results, with sales of over €1.2 million and an EBITDA of 36%, reflecting both the success with the public and the excellent work of the operational and revenue management teams. With an occupancy rate of 75%, Kazakiwi confirms its attractiveness and relevance in a rapidly changing sector.
The establishment has managed to strike a balance by offering top-quality services in a modern, dynamic setting. A daring gamble that has won over customers looking for an upscale, no-frills hotel experience. A special mention must go to the flower-filled ceiling of the buffet, which has become a veritable emblem of the place and a must-see for visitors.
This success reinforces REAM’s ambitions to develop its coliving and hotel portfolio, with an approach that combines innovation, asset optimization and operational excellence. Kazakiwi is just the beginning of a rethought hotel vision, where profitability and customer experience are intelligently combined.
Two years after its launch, Kazakiwi confirms that a new way of looking at the hotel business is possible… and that it’s seductive. 🚀
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