THE FIZZ

What THE FIZZ does

THE FIZZ is a student housing brand operated by International Campus GmbH, a Munich-based holding entity within the International Campus Group. The company delivers fully furnished, all-inclusive student apartments targeting university students — including international and exchange students, interns, and young professionals — across 16+ cities in Germany (11 cities, including Munich, Berlin, Hamburg, Frankfurt, Aachen, Bremen, Darmstadt, Freiburg, Hannover, Ludwigshafen-Mannheim), Austria (Vienna Brigittenau and Vienna Hauptbahnhof), the Netherlands (Leiden and Utrecht), and the Czech Republic (Prague). Its tenant base draws from over 90 countries, anchored by an on-site House Management model and an active community programming layer (events, coworking, music rooms, rooftops).

The product portfolio centers on private studios, double studios, shared apartments, and the "Cluster Apartment" concept (Utrecht), augmented by the premium "THE FIZZ plus" tier (Nespresso kitchens, smart TVs, exclusive lounges) and a "Munich Flex" flexible-stay option. Distribution is digital-first through a localized website (five languages: German, English, Czech, Dutch, Traditional Chinese) and tenant portal, combined with in-person viewings and a waiting-list system. Revenue mechanics rely on subscription-style monthly rent under 5-month minimum contracts, with one-time admission/deposit fees, parking, and starter-set bundles (EUR 55–189) as ancillary streams. Marketing is content- and SEO-led via city-specific landing pages, a multilingual blog, house-tour videos, and a EUR 50 "Bring a Friend" referral program, supplemented by university and corporate B2B cooperation channels.

The operating model is essentially physical real estate with a hospitality/community layer rather than a technology platform. Each property is held in a dedicated wholly-owned subsidiary (e.g., IC München HBS S.à r.l, ICA FIZZ VIE GmbH & Co KG, IC Prague Party s.r.o), with no public revenue, funding, or investor disclosures available. Leadership comprises three Managing Directors of International Campus GmbH (Patrick Hanisch, Gawain S.E. Smart, Ufuk Kaynar) plus a network of local Cluster and Assistant House Managers.

Name

THE FIZZ

Legal name

International Campus GmbH

Website

https://the-fizz.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

THE FIZZ is a Munich-based student housing brand under International Campus Group, operating 16+ fully furnished, all-inclusive apartment buildings with on-site House Management and community amenities across Germany, Austria, the Netherlands, and the Czech Republic, serving university students and young professionals.

Ownership category

akta.pro rank

Product category

Student Housing

NAICS

Accommodation (721), Other Traveler Accommodation (72119)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro industry

PRIMARYTHAMAGAI

Student-Focused Co-Living (Flexible, Community-Led)

Travel & Hospitality/Vacation Rentals & Short-Term Stays/Student & Intern Short-Term Housing

SECONDARYTHAMAGAC

Off-Campus Shared Student Houses (Room-by-Room)

Travel & Hospitality/Vacation Rentals & Short-Term Stays/Student & Intern Short-Term Housing

SECONDARYTHAMAFAH

Student & Academic Term Monthly Housing

Travel & Hospitality/Vacation Rentals & Short-Term Stays/Extended-Stay & Monthly Short-Term Housing

SECONDARYTHAMABAI

Co-Living Private Rooms (Short-Term)

Travel & Hospitality/Vacation Rentals & Short-Term Stays/Private Rooms & Shared-Home Stays

Keywords

• Student housing
• Furnished apartments
• Co-living spaces
• Student accommodation
• Purpose-built student residence

Headquarters

HQ city

München

HQ country

Germany

HQ region

Europe

Offices14 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Monthly Rent: THE FIZZ generates its primary recurring revenue from monthly rental payments from student tenants. Rent is charged as an all-inclusive monthly price covering the furnished apartment, utilities, and selected services. The company operates a subscription-style recurring billing model where tenants sign contracts for defined periods (minimum 5 months). Pricing varies by city, apartment type (single, double, shared), and tier (standard vs THE FIZZ plus upgrade).
2. One-time Fees (Admission Fee, Deposit): One-time admission/entry fees and security deposits are charged at move-in. These are one-time payments separate from recurring rent.
3. Parking and Ancillary Services: Revenue is generated from optional add-on services including outdoor and underground parking spaces (available at select locations), starter sets (furniture/kitchen bundles priced at EUR 55-189), and THE FIZZ plus apartment upgrades at premium pricing.

Pricing tiers

Distribution channels4 records

Marketing channels8 records

Core offering

THE FIZZ is a European student housing brand that leases fully furnished private and shared apartments to university students and young professionals on an all-inclusive monthly subscription basis. Each apartment includes a private bathroom, kitchenette, furnishings, and access to extensive communal amenities (kitchens, study rooms, gyms, rooftop terraces, cinema and music rooms), supported by on-site House Management, community events, and bundled utilities and internet. The company operates 16+ locations across Germany (11 cities), Austria (2 in Vienna), the Netherlands (Leiden, Utrecht), and Czech Republic (Prague).

Product overview

THE FIZZ is a student housing provider operating a portfolio of fully furnished apartments across Germany, Austria, Czech Republic, and the Netherlands. The core offering consists of student apartments combined with extensive communal amenities (kitchens, movie lounges, gaming areas, study rooms, gyms, rooftop terraces) and on-site House Management services. The portfolio includes THE FIZZ plus (premium upgraded apartments with enhanced furnishings and exclusive communal spaces), Starter Sets (optional bedding, kitchen, and bathroom bundles), parking facilities, and flexible living options like Munich Flex. Residents access services through an online booking platform and can participate in regular community events. The offering spans multiple apartment types including single studios, double studios, shared apartments, and cluster apartments (Utrecht).

Differentiator

Problem solved

Functional benefit

Products and services

• THE FIZZ Student Apartments (Single & Double Studios) Fully furnished private studios (single or double occupancy) with private bathroom, kitchenette, storage, and workspace, plus access to communal amenities. All-inclusive monthly rent covers utilities and internet. Available across 16+ locations in Germany, Austria, Netherlands, and Czech Republic.
• Shared Apartments Modern co-living arrangement for two to three residents sharing a common apartment with private bedrooms. Each resident has duplicated amenities (wardrobe, desk, chair). Available in Hamburg Hammerbrook, Hannover, and Prague.
• Cluster Apartment Utrecht Private fully furnished apartment in Utrecht combined with exclusive access to a shared kitchen for five residents, forming a micro-community within the larger property.
• THE FIZZ plus (Premium Apartment Upgrade) Premium apartment upgrade available at Berlin Kreuzberg and Vienna Brigittenau featuring fully equipped kitchens with Nespresso machines, smart TVs, towels, bed linen, beamer, Bluetooth speaker, stylish lighting, and access to exclusive common areas.
• Munich Flex (Flexibles Wohnen) Flexible-stay apartment option at THE FIZZ Munich featuring fully equipped kitchens with optional dishwasher, plus access to exclusive coworking spaces, lounge with kitchen, and rooftop. Targets students and young professionals needing shorter or more flexible tenancies.
• Starter Sets Optional move-in bundles sold to new residents at move-in: Kitchen set (EUR 139), Pillow & Duvet bedding set (EUR 189), Bathroom set (EUR 55). Available in Germany and Austria; Prague offers a boutique sale of similar items at reception.
• Parking Spaces Outdoor and underground parking available at select THE FIZZ locations for an additional monthly fee. Provides vehicle storage for residents who bring or rent a car.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered minor and core.

• HelloGetSafeminorOthersGetSafe is a digital insurance provider featured as a partner on THE FIZZ website, offering insurance products potentially relevant to international students. The nature of the partnership (co-marketing, referral, or exclusive offer) is not detailed.
• Elephant BayminorOthersLuggage and shipping service for students, potentially offering international moving services. Partnership details are not disclosed.
• TK Techniker (Techniker Krankenkasse)minorOthersGermany's largest statutory health insurance provider, offering student health insurance plans. Partnership appears to be a referral/exclusive offer arrangement for international students.
• Unicum TVminorOthersStudent media platform (Unicum TV) in Germany/Austria, offering student-oriented TV content. Partnership likely involves co-marketing to student audiences.
• Fritz KolaminorOthersGerman craft soda brand offered as a partner brand at THE FIZZ properties, possibly through on-site vending or exclusive student discounts.
• Clever-FitminorOthersFitness studio chain with locations near THE FIZZ buildings. At Vienna Brigittenau, a Cleverfit studio is located in the building itself with a basic membership included for residents.
• EverdropminorOthersSustainable consumer goods brand (eco-friendly cleaning and personal care products). Partnership likely offers exclusive discounts to THE FIZZ residents.
• ExpatriominorOthersFinancial services platform for international students in Germany, offering blocked account, health insurance, and visa services. Partnership likely drives student referrals to THE FIZZ.
• Share NowminorOthersCar sharing service offering THE FIZZ residents exclusive promotional rates for car sharing, complementing the housing service with mobility solutions.
• International Campus GroupcoreOthersTHE FIZZ is a brand and property of International Campus Group (IC Campus GmbH), headquartered at Blumenstrasse 28, 80331 Munich, Germany. International Campus Group is the parent company and strategic platform behind THE FIZZ brand.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Habyt: Habyt is a European co-living operator with flexible, all-inclusive rooms targeting students and young professionals across Germany, Spain, Portugal, and other markets. It directly competes with THE FIZZ for the same young tenant profile in major German cities.
• Quarters (Quarters Living): Quarters operates co-living buildings in Berlin, Cologne, and other German cities targeting students and young professionals with fully furnished rooms and community amenities. It is a direct German co-living competitor to THE FIZZ.
• Collegiate AC: Collegiate AC develops and operates premium student accommodation across the UK and continental Europe with all-inclusive offerings and amenity-rich buildings. It is comparable to THE FIZZ in product, customer, and premium positioning.
• The Student Hotel: The Student Hotel operates hybrid student housing and short-stay co-living hubs across Europe with premium design, common areas, and community programming. It overlaps directly with THE FIZZ's premium positioning (THE FIZZ plus) and community-driven value proposition.
• Yugo: Yugo is a global student housing operator with all-inclusive apartments and a strong community-led brand identity across Europe, the US, and Australia. It is the closest direct competitor to THE FIZZ in concept, target customer, and operating model.

Regional players

• Meininger Hotels: Meininger operates hybrid hotel/hostel properties across major European cities with budget-friendly, often student-skewed, all-inclusive rates. It is comparable to THE FIZZ in serving student and budget traveler demand in similar urban European locations.

Broad incumbents

• Unite Group: Unite Group is the UK's largest listed PBSA operator with a multi-decade track record and pan-UK university-city portfolio. It serves as a publicly traded benchmark for European student housing operators like THE FIZZ.
• iQ Student Accommodation: iQ is one of the largest UK-led purpose-built student accommodation (PBSA) operators, with growing European exposure. It serves a similar student tenant base with all-inclusive studios and represents a scaled incumbent benchmark for THE FIZZ.
• Numa Group: Numa operates aparthotels and short-stay serviced apartments across European cities with a fully digital, app-driven guest experience. It is comparable to THE FIZZ in the German short-stay furnished accommodation category, with a stronger tech platform.
• Global Student Accommodation (GSA): GSA invests in and operates student housing across multiple European countries, partnering with local operators. It is comparable to THE FIZZ as a pan-European student housing platform, although it operates more as an investor/operator hybrid.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about THE FIZZ