The 250-room hotel will be located on the harbor waterfront in the heart of downtown Reykjavik, immediately adjacent to Harpa, the city’s award winning concert and conference hall.
“This project provides a unique opportunity to bring the first world-class, five-star hotel to the booming Icelandic market,” says Richard Friedman, president and chief executive officer of Carpenter & Company, the Boston-based owner and developer of the property.
“We have a long standing history in our company of building highly innovative and successful luxury hotels and we are highly confident that this hotel will be a game changer for all parties. The location of this hotel couldn’t be more spectacular – with the hotel working in conjunction with the city’s well known Harpa center and its location steps away from the vibrant downtown of Reykjavik.”
Ian Schrager, chairman and chief executive officer of Ian Schrager Company, commented: “I am thrilled to continue the global expansion of the new EDITION lifestyle brand with this incredibly exciting project in Reykjavik. The city is emerging as a fascinating cultural hub making it the perfect location for an EDITION.”
Future hotels are planned for Abu Dhabi (2016), Sanya, China (2016), Bangkok (2016), Times Square (2018), West Hollywood (2018), Reykjavik, Iceland (2018), Wuhan, China (2019), and Bali, Indonesia (2019).