November 2, 2024

Exclusive: Event Hospitality acquires Jucy Snooze brand in full

” Jucy Snooze is at the leading edge of the budget accommodation market segment using an experience that satisfies the new and emerging requirements of these visitors. We are thrilled about the ability for Event group to support Tim Alpe (initial founder) who will continue to lead the business for Event and broaden in the future.

The accommodation brand known for its pod-style micro-hotel dorms popular with backpackers will now sit alongside Rydges Hotels and Resorts, QT Hotels and Resorts, Atura and the Independent Collection in the companys hotel and hospitality division. The service will continue to be led by Alpe who stays in the role of “Chief Jucyfier”.

Jucy Snooze Co-founder and “Chief Jucyfier”, Tim Alpe.

Jucy Snooze Christchurch.

The brand names signature pods were custom created to integrate functions young visitors were looking for, based on research study and focus groups. Each pod includes a USB charging port, safe and secure travel luggage storage space, power supply, individual lighting, temperature level control, linen including a personal privacy screen and WiFi connectivity. Residence offer visitors access to a restaurant and bar as well as common locations for visitors to mingle and hang out.

Jucy Snooze is presently active in three New Zealand cities– Auckland, Queenstown and Christchurch– with plans in the works to see the brand enter Australia.

” Jucy Snooze sits together with Events present stable of award-winning hotels and resorts across Australia and New Zealand that consist of Rydges, QT, Atura and the Independent Collection by Event, completing the Groups hotel offering across all market sectors.”

The acquisition uses just to the Jucy Snooze lodging sector, with the businesss cars and truck and camper van rental service comprehended to not belong to the offer.

The brands signature pods were custom designed to include features young visitors were looking for, based on research study and focus groups. Each pod consists of a USB charging port, protected travel luggage storage space, power supply, individual lighting, temperature control, linen consisting of a privacy screen and WiFi connection. Residence offer guests access to a dining establishment and bar in addition to communal locations for visitors to hang out and socialize.

Occasion Hospitality has actually totally integrated the Jucy Snooze budget and backpacker accommodation brand name into its portfolio having now totally obtained the label from founders Tim and Dan Alpe.

” Event believes in a strong recovery in the spending plan market sector once international travel resumes and the timing was ideal to protect the staying 50% at a favourable acquisition cost.

A representative for Event Hospitality said the full purchase followed the initial 50% stake taken by the company in 2020.

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