Project summary
Traditional hotel developments can have a significant environmental footprint, while many people remain excluded from the labour market. The Good Hospitality Group believes hospitality can help address both challenges at once. Their hotels host guests, create longterm job opportunities for people with a distance to the labour market and fund education in Guatemala.
With a €5 million loan through DTIF, the fund Invest International manages on behalf of the Ministry of Foreign Affairs, the company is building a floating social impact hotel to locate in London.
The hotel is designed according to BREEAM sustainability standards and aims to operate as an energy-neutral building through solar panels, heat exchange from harbour water and high-performance insulation.
The floating structure is being built in the Netherlands together with Holland Shipyards, a family owned shipbuilder with a long track record in sustainable maritime solutions, before being transported to the UK. They have delivered dozens of electric and hybrid vessels and are exploring pioneering applications such as hydrogen propulsion, wind assisted transport and even 3Dprinted vessels. Their combination of deep technical expertise and practical innovation is exactly what keeps the Dutch maritime sector internationally relevant.
Photo: CEO of Invest International Melanie Maas Geesteranus visits Holland Shipyards together with the team of Investment Managers responsible for the project.
Together with ABN AMRO Bank, financing the topside construction, the innovative vessel will be brought to life.
Alongside sustainable hospitality, the project focuses on training and employing people who face barriers to finding long-term work, helping them develop skills and build sustainable careers: 177 direct jobs supported (167 UK / 10 NL).
Our impact
Contributing to the Netherlands earning capacity
Dutch shipbuilding, engineering and project expertise from Holland Shipyards play a central role in delivering the hotel.
Creating educational and job opportunities
The project supports training and employment for people with a distance to the labour market.
Creating energy-efficient and sustainable hospitality
The floating hotel is designed to be energy-efficient and built with low-carbon materials.
Supporting jobs in the NL & UK
The project will support 177 direct jobs of which 167 in the UK and 10 in the NL plus dozens of indirect jobs in London.
More information about this case
Sem Koolstra
Investment Manager SME & Mid Corporates
