Credit Suisse brings Mama Shelter Hotel to Zurich

Zürich, January 2022

Credit Suisse Asset Management is bringing a Mama Shelter hotel to Zurich Oerlikon. It will occupy nine floors of the listed high-rise near the train station. The remaining floors will be converted into 132 apartments.

A Mama Shelter hotel will move into the skyscraper at Zurich Oerlikon train station. Credit Suisse Asset Management has concluded a corresponding contract with the operating company KNSA Hospitality on behalf of a real estate fund, Credit Suisse informs in a message . The opening of the first Mama Shelter hotel in Switzerland is planned for the second half of 2024.

The listed building had previously housed the Swissôtel, which went bankrupt in 2020. The successor Mama Shelter will occupy nine of the total of 28 floors. A total of 132 apartments, mostly with 1.5 to 2.5 rooms, are to be built on the remaining floors. The base of the building will also have a publicly accessible city balcony with a bar, the message says.

The hotels of the Mama Shelter brand are not only designed as typical hotels, but also as meeting places, work and living spaces, is further explained in the communication. The concept also provides for innovative gastronomy and a co-working zone. The renovation work is to begin next March.

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