Vastint Hospitality has purchased a hotel site in Dresden, Germany. The subject site is located directly opposite of the railway station “Neustadt”. This quarter is known for its lively bar and restaurant scene, which is dominated by the young and urban crowd. The historical old town can be reached conveniently via tram or combined with a walk (approx. 1.7 km). Additional sights are the very popular baroque and bohemian quarters in Neustadt, which can be reached within walking distance.