Tivolihotel rebranded as Hilton Garden Inn after €4 million modernisation

Union Investment has completed a €4 million modernisation of a prominent hotel in Innsbruck, transforming it into a Hilton Garden Inn. The renovation and rebranding mark a significant upgrade for the property, which has been part of the immofonds 1 portfolio since 2015.

Originally built in 2011, the hotel operated as a Ramada Hotel until July 2021 before transitioning to the HR Group’s management and being temporarily branded as Tivolihotel Innsbruck. Following a comprehensive renovation between November 2023 and October 2024, the property has now reopened under the globally recognised Hilton Garden Inn banner.

Hilton has entered a franchise agreement with the HR Group to operate the hotel, aligning the property with Hilton’s higher standards. The modernisation reflects Union Investment’s strategic approach to active asset management, enhancing the value of immofonds 1, an open-ended real estate fund marketed exclusively in Austria.

“The modernisation is a testament to the potential that active asset management can unlock. By repositioning the hotel with a globally recognised brand, we have created significant added value for immofonds 1,” said Thorsten Purkus, Head of Asset Management Hospitality at Union Investment.

The €4 million refurbishment encompassed all 159 guest rooms, as well as the hotel’s public spaces, restaurant, and bar areas. A key highlight is the new Tivoli restaurant, set to open on the 11th floor. Offering regional cuisine, the restaurant features an exclusive terrace with breathtaking panoramic views of Innsbruck and the Alps.

The modernisation also included the addition of a state-of-the-art seminar room, catering to conferences and smaller events. With its fresh new look and upgraded facilities, the hotel now meets the elevated expectations of Hilton Garden Inn guests.

The Hilton Garden Inn stands out for its distinctive architecture and prime location south of Innsbruck’s historic city centre. Positioned directly opposite the Olympia World complex, it is just steps away from the Olympia ice stadium and Tivoli football stadium. The hotel offers convenient access to the airport, train station, and key city attractions, making it an ideal choice for both business and leisure travelers.

With its transformation complete, the Hilton Garden Inn promises to set a new benchmark for hospitality in Innsbruck, combining modern amenities, exceptional views, and the trusted service of a global hotel brand.