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Adina Apartment Hotels

Asli Kutlucan, CEO Europe, TFE Hotels

Asset class
Serviced Living, Hotels & Resorts
Where
Germany, Austria, Denmark, Switzerland, Hungary and the UK – around 22 properties (December 2025); European base in Berlin
Stage
Operating
Adina Apartment Hotels
What it is
Apartment hotels with a full kitchen in every unit, from studios to three-bedroom apartments, plus hotel services, hosts and long-stay rates. The European business also runs A by Adina, a premium tier, and the MM:NT Berlin Lab, a six-room micro hotel that tests ideas on real guests before roll-out.
The gap
Extended-stay hospitality is still under-supplied in Europe compared with other markets. Younger guests raised on Airbnb, co-living and student housing expect flexibility and service at every life stage, and for many, convenience now matters more than ownership.
The answer
What Kutlucan calls casual living: hotel comfort with the freedom of a home. New supply increasingly comes from adaptive reuse of offices and retail, including a 161-unit A by Adina in Berlin's FÜRST quarter due in 2027.

161units in an A by Adina at Berlin's FÜRST quarter, due 2027

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