submonte

There are many aspects, you need to differentiate i.e. public vs. private projects, Berlin and Brandenburg vs. Munich and Bavaria (who have always been successful in doing public and private projects such as MUC airport Franz Josef Strauss).

BER project is administrated by a mixed public company (FBB) - State of Berlin, State of Brandenburg and Federal Republic of Germany (37/37/26), a very unlucky combination.

"Schwabinger Tor" project responsible and property owner is Jost Hurler Group, a known real estate developer and owner from Munich, Bavaria:

https://jost-hurler.de/en/#intro

Here is a description of the project:

https://jost-hurler.de/en/projects/s...er-tor-15.html

Please note this project is not only "a hotel", it is a complete city area with 4,2ha, 9 buildings, 89,000sqm above ground floor area, 57,000sqm underground floor area, 500m length along Leopoldstrasse, 7,300sqm restaurants and hotels, 21,000sqm offices, 210 apartments. Many Shops and manufacturers. More than 3,000 people will live and work here. First construction phase started in 2013, second in 2015, finalization in 2017, the first tenants have moved already into their objects. Before construction could be started several old objects had to be teared down such as the Holiday Inn Hotel, the METRO cash&carry market and the famous "Yellow Submarine" club.

See here a picture how the area will look like:

http://www.muenchen.de/aktuell/2016-...inger-tor.html


It´s a pitty that Hyatt´s footprint in Europe is relatively poor and the appearance of new properties/brands takes long (i.e. Hyatt House). I was GP Diamond in the past and felt treated very well, even after I dropped to Platinum. The service quality and hard product (i.e. Cologne, Mainz, GH Beijing, GH Shanghai, Park Vendome) was excellent. Purchased some WoH points now to avoid my account being closed and old points being forfeited and do not exclude going on with Hyatt.