Deutsche Hospitality’s brand Zleep Hotels has completed a topping-out ceremony for its forthcoming property in Prague, slated to open in 2024.

The brand’s first hotel in the Czech Republic will be part of a mixed-use development project in Waltrovka, consisting of an international school, residential units, offices, a retail area and a two-hectare park.

The 166-room Zleep Hotel Prague will feature a lobby, reception and snack bar, all with Scandinavian design.

Peter Haaber, CEO of Zleep Hotels, commented:

“With the topping-out ceremony for Zleep Hotel Prague, we are able to write a new chapter in the success story of our brand, bringing us a good deal closer to the scheduled opening. Thus, we are looking forward to 2024 and the opening of this hotel, which is a perfect addition to our portfolio.

The mixed-use development is being carried out by Penta Real Estate.

“In addition, we would like to express our gratitude to our partner Penta Real Estate. Thanks to their expertise, we have been able to establish a presence in Eastern Europe for the first time and help meet the high tourist demand for the Czech capital.”

The brand’s portfolio currently includes 15 hotels in Denmark and Sweden. There are additional hotels under construction in Hamburg, Frankfurt, Madrid, and Zurich.