Strategic Hospitality Portfolio
Presenting a prime investment opportunity to acquire a prestigious portfolio of five institutional-grade hotel assets in Riga, Latvia. This diversified collection, managed under the globally recognized Radisson brands to ensure operational excellence, offers a total of 765 keys and approximately 56,071.2 square meters of prime real estate, and features a diversified asset class ranging from business-centric conference hotels to upscale boutique stays in the Old Town.
This portfolio combines upper upscale, upscale, and upper midscale assets, providing a comprehensive footprint across Riga’s most sought-after districts, including the historic Old Town and the thriving city center.
- Radisson Blu Daugava Hotel
- Positioning: Upper Upscale
- Capacity: 354 keys
- Building Area: 33,446.4 sqm
- Key Amenities: Features an indoor swimming pool, fitness center, full-service restaurant and bar, and a comprehensive conference and business center. It also includes unique assets such as an indoor garden, an atrium, and an observation deck.
- Future Potential: Plans for a future development conference center designed to be the largest in the Baltic states with a capacity for 3,000 people.
- Radisson Blu Ridzene Hotel
- Positioning: Upper Upscale
- Capacity: 95 keys
- Building Area: 7,955 sqm
- Key Amenities: Includes a restaurant, bar, gym, and nine spacious meeting rooms, complemented by on-site parking.
- Park Inn by Radisson Valdemara Hotel & Conference
- Positioning: Upper Midscale
- Capacity: 178 keys
- Building Area: 7,825.1 sqm
- Key Amenities: Equipped with a restaurant, bar, fitness center, and dedicated conference and business facilities.
- Park Inn by Radisson Barona Hotel & Residence
- Positioning: Upper Midscale
- Capacity: 78 apartment-style keys
- Building Area: 4,972.7 sqm
- Key Amenities: Features a restaurant, shopping area, business center, and parking, catering to both short-term and extended-stay guests.
- Radisson Riga Old Town Hotel
- Positioning: Upscale
- Capacity: 60 keys
- Gross Internal Area: 1,872 sqm
- Key Amenities: Located in the heart of the city, offering a restaurant, bar, terrace, and integrated conference and business centers.
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Latvia Sotheby's International Realty has been representing the prestigious Sotheby's International Realty brand in Latvia since 2010. We are part of a global luxury real estate network that includes 26,000 agents across more than 1,100 offices in 86 countries and territories. Our team in Latvia collaborates closely with this international network to provide global sales support and top-tier services at the local level. We offer luxury real estate services, comprehensive legal consultations, and effective marketing solutions. Our experts provide exclusive international marketing opportunities and access to a unique global high-class real estate network, collaborating with esteemed media outlets such as the Financial Times, The New York Times, The Wall Street Journal, and Elite Traveler. We are committed to delivering first-class service and a personalized approach to each client.
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