CitizenM
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Hospitality |
| Founded | 2005 in Amsterdam |
| Founder | Rattan Chadha |
| Headquarters | Leidseweg 219, Voorschoten 2253 AE, , |
Number of locations | 37 |
Key people | Rattan Chadha(Chair) Lennert de Jong(CEO) |
| Owner | Marriott International |
| Website | www |
citizenM is a Netherlands-based global hotel chain owned by Marriott International. Founded in 2005, the first CitizenM opened in 2008 at Schipol, Netherlands. It now opeartes 37 hotels in 20 cities around the world. In 2025 the group was purchased by Marriott International for $355 million.
History
[edit]CitizenM was founded by Rattan Chadha in 2005.[1][2] The branding and logo were designed by KesselsKramer.[3]
It opened its first hotel at Amsterdam Airport Schiphol in 2008. Its first overseas hotel in Glasgow opened in 2010, followed by London in 2012.[4]
Its guest-room entertainment as of 2013 was provided by Swisscom Hospitality Services, which provides a music library and free video-on-demand TV through a Samsung tablet in each guest room.[5]
In March 2019, GIC Private Limited acquired a 25% stake in citizenM, valuing the company at $2.3 billion.[6] APG, GIC, and KRC have committed to invest a further $847 million of equity for future expansion.[7]
In March 2024, reporting indicated that citizenM's owners were exploring business options with the help of Morgan Stanley and Eastdil Secured, which may include a potential sale valued at approximately four billion euro.[8]
On April 28, 2025, it was announced that Marriott International would acquire citizenM for $355 million, with the transaction expected to close later that year. The acquisition was completed on July 23, 2025.[9][10]
Hotel architecture
[edit]
CitizenM hotels embrace the International Style, having large glass windows and black metal cladding, making use of off-site modular construction for many of the components.[11] Some of the locations make use of large scale public art, such as by Julian Opie at Paris Charles de Gaulle Airport.
Locations
[edit]CitizenM currently operates 34 hotels across North America, Europe, and Asia, with 2 new hotels under development.[12] The original hotel at Schiphol Airport in Amsterdam was opened in 2008 and was designed by the Dutch architectural company Concrete.[13] The second hotel opened in Amsterdam's city centre in 2009, and was awarded a Fodor's 100 Hotel Award for Design in 2011.[14]
External links
[edit]
References
[edit]- ^ "Interviewing Michael Levie, founding partner and COO at citizenM". Hospitality Net. 5 November 2014. Retrieved 22 July 2017.
- ^ "Overnight revolution: A new breed of luxury hotel is shaking up the hospitality industry". The Independent. 29 June 2012. Retrieved 8 February 2013.
- ^ "KK Los Angeles: Citizen M". KresselsKramer. Archived from the original on 8 December 2012. Retrieved 18 February 2013.
- ^ "Go Dutch in Bankside". Conde Nast Traveller. July 2012. Retrieved 18 February 2013.
- ^ "The TV Loses Its Top Spot in Hotel-Room Entertainment". Today (Singaporean newspaper). The New York Times. June 1, 2013.
- ^ "GIC investment values CitizenM hotels at €2bn". Financial Times. 26 March 2019. Retrieved 12 August 2019.
- ^ "GIC Secures 25% Stake in CitizenM". 27 March 2019.
- ^ "CitizenM owners explore potential sale of hotel group". Financial Times. Retrieved 2024-03-27.
- ^ Fernandez, Christin; Burka McConagha, Jackie (2025-07-23). "Marriott International Completes Acquisition of citizenM Brand" (Press release). Bethesda, Maryland: Marriott International, Inc. Retrieved 2025-07-29.
- ^ Martin, Luke; O'Neill, Sean (2025-04-28). "Marriott to Buy CitizenM for $355 Million". Skift. Retrieved 2025-07-29.
- ^ "CITIZENM BANKSIDE, LONDON". Axis Architects. 2012. Retrieved 22 July 2017.
- ^ "citizenM's Portfolio and Rollout". citizenM. 26 December 2023. Retrieved 26 December 2023.
- ^ "CitizenM by Concrete". Dezeen. 7 November 2008. Retrieved 18 February 2013.
- ^ "Fodor's Hotel Awards 2011 – Design". Foder's. Archived from the original on 4 November 2012. Retrieved 18 February 2013.
