General Travel News

IKEA plans to build an entire city district

If you remember, a few days ago IKEA had announced plans to open and run hotels.

Now the Swedish furniture giant plans to build a brand-new district with shops, flats and office space for thousands of people in the northern German city of Hamburg.

“We want to build a new city district for the benefit of Hamburg,” Harald Mueller, head of the firm’s property subsidiary Landprop, told the Hamburger Abendblatt.

Mueller said they were searching in Hamburg, a major port city, for a plot of land of at least five acres (two hectares) to build on, in conjunction with the city authorities.

The Hamburger Abendblatt said the project would run along similar lines to a planned development in eastern London for which Ikea is preparing to build around 1,200 flats, offices, hotels and shops.

The firm, which specialises in inexpensive furnishings that consumers assemble themselves, last week announced a one-billion-euro ($1.25 billion) move into the hotel sector, opening at least 100 hotels in Europe.

Construction of the hotels will be funded from revenues from the Ikea brand, which the company recently valued at 9 billion euros, but will not bear the company logo and be operated by a hotel management company.

More General Travel News
French halal gastronomy to tempt diners at Geneva’s Michelin-star restaurant, Le Chat-Botté
Emirates SkyCargo flying in racehorses for Dubai World Cup
Muslim Ban 3.0: restrictions on cabin luggage to the United States
Latest Travel News
Emirates launches A380 flights to Tokyo,...
Emirates SkyCargo flying in racehorses f...
Muslim Ban 3.0: restrictions on cabin lu...
Featured Sights To See
Diving in Sharm El Sheikh

Diving in Sharm El Sheikh

Sharm el Sheikh, Egypt

Kids of today love to play in water. Diving in the sea waters isn’t something that kids get to do everywhere. But Sharm El Sheikh has several places where kids could go for water recreational sports. Such places have trained lifeguards to avoid any accident or casualty. ...

Kurfurstendamm

Kurfurstendamm

Berlin, Germany

The large luxury shopping precinct is located in this borough. More information in the ‘Shopping’ section ...

Alliance Francaise

Alliance Francaise

Johannesburg, South Africa

The Alliance hosts contemporary South African and international art exhibitions, usually by solo artists. Exhibitions are solicited through proposals.   Address: 17 Lower Park Drive, Parkview Telephone: +27 (0)11 646 1169 Website: http://www.alliance.org.za/  ...

Edo-Tokyo Museum

Edo-Tokyo Museum

Tokyo, Japan

This museum showcases the evolution of the city of Tokyo through the ages; in particular from 1590- 1964 spanning almost four centuries from the era in which Tokyo was made the capital by the Shogun to when the Olympics were held in this amazing city. The history, geography, culture and social life of the city are showcased here. Edo literally means Old Tokyo and the Museum shows how the city as i...