Ready for IKEA Hotels?

What's Hot


5 Reasons to Shop for a Home in DecemberFamily

Shoppers Boycott Businesses Selling Trump-Branded ProductsBusiness

15 Things You Should Always Buy at a Dollar StoreMore

Giving Thanks: Why Foreigners Find America AmazingAround The House

New Email Phishing Scam Targets Amazon ShoppersMore

50 Best Gifts Under $25 for Everyone on Your ListFamily

Why Washing Your Turkey Can Make You IllFamily

Pay $2 and Get Unlimited Wendy’s Frosty Treats in 2017Family

The 7 Worst Things to Buy at a Dollar StoreMore

What the Richest 1 Percent Earns in Every StateFamily

10 Ways to Retire Earlier Than Friends on the Same SalaryGrow

The 10 Best Ways to Blow Your MoneyCredit & Debt

The 50 Hottest Toys of the Past 50 YearsFamily

30 Awesome Things to Do in RetirementCollege

IKEA and Marriott are teaming up to build budget hotels – in Europe, for now.

The Wall Street Journal reported yesterday that IKEA lovers are going to get some budget accommodations to go with their budget furniture.

A new brand under development by the company and Marriott will be called Moxy. The first one will be in Milan a year from now, and 50 are planned over the next five years. They’ll mostly be located in the  U.K., Germany, Italy, Austria and the Netherlands. The hotels will have up to 300 rooms each, and will be primarily located near office parks and transportation hubs: airports, train stations and subway stations.

Rooms are expected to run about $78 a night, and no, they won’t have IKEA furniture.  But they will be assembled like IKEA furniture, with a modular, prefabricated design.

IKEA’s pouring $500 million into the project, but Marriott is bringing the customer base and expertise and will own the brand. Will they ever appear on our side of the Atlantic? Only time will tell. IKEA’s interested in the European hotel market now for two reasons – one, they don’t have a lot of established chains over there. Two, they think budget hotels are a relatively stable (and maybe even smart) investment in the middle of Europe’s economic crisis.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: Missed HBO’s ‘Westworld’? Here’s How to Watch it, Along With Everything on HBO, Free

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,756 more deals!