Name

The Steam Hotel

Legal name

Hotellet vid Sjön AB

Website

https://steamhotel.se

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Hospitality and destination hotel services

NAICS

Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211)

SIC

Hotels & Motels (7011), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Resort-Area Full-Service Hotels (Non–All-Inclusive) (THAGAAAD)

akta.pro secondary industries

Destination Spa Resorts (THAGAMAA), Resort Convention Hotels (THAGALAC)

Keywords

• Boutique hotel accommodation
• Conference and event hosting
• Spa and pool club
• Hotel restaurants and bars
• Experience packages and gaming

Headquarters

HQ city

Västerås

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Hotel Accommodations: Room bookings across multiple categories from compact Standard Rooms (12-14 sqm) to Suite (63 sqm) with panoramic Lake Mälaren views. Revenue generated through direct bookings and package deals combining accommodation with dining, spa, and activities.
2. Food & Beverage: Three restaurants (Chamberlin Grill - grill/steakhouse, Locavore - Asian fusion rooftop, Di Sopra - Italian kitchen), seven bars including rooftop bar, plus private dining rooms and Chef's Table experience. Revenue from à la carte dining, tasting menus, wine pairings, and special events.
3. Pool Club & Spa: Day passes and packages for Voltage Lounge Pool Club including pool access, sauna, relaxation areas with panoramic views. Also offers stay packages combining accommodation with pool club access.
4. Gaming Suite & Entertainment: Gaming suite bookings (evening sessions 17:00-23:00) and gaming experience packages including Ultimate Gaming Experience from 1,690 SEK per person. Also offers karaoke rooms, golf simulator, cinema, and creative activities like Bubbles & Clay pottery.
5. Conference & Events: Conference facilities accommodating up to 500 persons for business meetings, kickoffs, launches, and events. Day conference packages and custom event bookings.
6. Gift Cards: Presentkort (gift cards) valid for 3 years across all hotel services including accommodations, Voltage Lounge Pool Club, products, and restaurant visits.
7. Action Water Park (Kokpunkten): Co-located action bath with 8 floors of water attractions, VR experiences, and slides. Revenue from admission tickets as a separate attraction under same roof.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

The Steam Hotel operates an 18-floor, 227-room experiential boutique hotel in a converted 1917 steam power plant in Västerås, Sweden, selling accommodation, food and beverage (three restaurants and seven bars), a 1,000 sqm rooftop Voltage Lounge Pool Club & spa, a premium Webhallen-powered gaming suite, conference facilities for up to 500 persons, an integrated action water park (Kokpunkten), and an entertainment venue (Steam Live). Offerings are sold à la carte through room categories, day passes, dining reservations, event bookings, and bundled experience packages targeting leisure travelers, couples, families, friend groups, gaming enthusiasts, and corporate conference clients.

Product overview

The Steam Hotel is a converted 1917 steam power plant turned experiential hotel in Västerås, Sweden, offering a diverse portfolio of accommodations and experiences. The core product is hotel accommodation across 12 room categories ranging from compact 12 sqm Standard Rooms to a 63 sqm Suite on the 17th floor, all featuring industrial romantic decor. The hotel operates multiple food and beverage outlets including Chamberlin Grill (main restaurant), Locavore (Asian fusion on the 18th floor), Di Sopra (Italian kitchen), and Verket (outdoor summer venue). Voltage Lounge Pool Club & Spa on the 7th floor offers pool and wellness experiences, while the Gaming Suite in partnership with Webhallen provides adult gaming entertainment. Additional experiences include Kokpunkten Action Water Park, conference facilities for up to 500 guests, Steam Live entertainment venue, karaoke rooms, and various activity packages including golf getaways and family packages. The hotel's product architecture operates as an integrated destination resort where accommodation, dining, wellness, entertainment, and activities are bundled into various packages and add-on experiences.

Differentiator

Problem solved

Functional benefit

Brands

• Voltage Lounge Pool Club: Rooftop pool club and spa on the 7th floor featuring warm pools, colorful drinks, panoramic views over Västerås and Lake Mälaren
• Chamberlin Grill
• Locavore
• Di Sopra
• Steam Live
• Gaming Suite
• Kokpunkten Actionbad
• Power House Gym
• Verket

Products and services

• Hotel Accommodation (Room Categories) 227 rooms across 12 categories ranging from compact Sleep Well Without Windows (12 sqm) to Suite (63 sqm) with panoramic Lake Mälaren views, featuring industrial-romantic decor with brick walls and iron beams. Targeted at leisure and business travelers.
• Chamberlin Grill Main restaurant at The Steam Hotel serving grilled comfort food for breakfast, lunch, brunch, and dinner with views over Lake Mälaren; open to hotel guests and walk-ins.
• Locavore (Asian Fusion Rooftop Restaurant) Asian fusion restaurant on the 18th floor with panoramic views over Västerås and Lake Mälaren, featuring small sharing dishes, DJ music, and The Rooftop Bar.
• Di Sopra (Italian Kitchen) Italian kitchen serving pizza, antipasti, pasta, and wine, styled as an Italian bakery corner with take-away options.
• Verket (Outdoor Summer Pier Venue) Outdoor venue on the pier serving gelato, Neapolitan pizza, and drinks during the summer season.
• Voltage Lounge Pool Club & Spa 1,000 sqm pool club and spa on the 7th floor featuring warm pools, saunas, lounge areas, a poolside bar, and panoramic views over Västerås; sold via day passes and stay packages.
• Power House Gym Hotel gym on the 7th floor adjacent to Voltage Lounge Pool Club, open daily 06:00-22:30, bundled with day-pass and stay offerings.
• Gaming Suite (powered by Webhallen) Premium gaming suite in partnership with Webhallen featuring five top-tier gaming PC setups (Intel Core i9-13900K, ASUS RTX 4070, Corsair), a Formula 1 racing rig with Moza R5 and Playseat Formula Instinct, PlayStation 5 Pro, Nintendo Switch 2, and a 77-inch LG OLED gaming TV; sold via evening sessions and the Ultimate Gaming Experience package.
• Steam Live (Entertainment Venue) Live entertainment venue at The Steam Hotel hosting stand-up, improvisation, concerts, and dinner clubs with live music — from intimate shows to well-known artists.
• Conference & Event Facilities Conference and meeting facilities accommodating up to 500 persons in a converted steam power plant, featuring live meeting rooms, premium catering, and team-building activities; led by a dedicated conference sales team.
• Kokpunkten Actionbad (Action Water Park) Sweden's first action water park located in the same building, featuring eight floors of attractions including slides, VR experiences, climbing wall, hot tub, and adventure pool; sold via admission tickets and bundled packages.
• Playhouse (Entertainment Area with Karaoke, Cinema, Golf Simulator) On-site entertainment area featuring shuffleboard, table tennis, skee ball, cinema, two fully equipped karaoke rooms (up to 8 persons each), and golf simulator.
• Presentkort (Gift Cards) Gift cards with customizable denomination, valid for 3 years across accommodation, Voltage Lounge Pool Club, hotel products, and all restaurants; available as email/PDF (free) or physical card with postage (55 SEK fee).

Quantifiable outcome

• Up to 30% discount available on summer bookings
• +2 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• WebhallencoreTechnology or IntegrationPremium gaming suite partnership featuring Webhallen Config custom-built gaming PCs with Intel Core i9-13900K, ASUS RTX 4070, Corsair components. Includes Formula 1 racing rig with Moza R5 system and Playseat Formula Instinct. Equipment sourced and maintained by Webhallen, a leading Swedish gaming and electronics retailer founded in 1999.
• ESS Group (Essential Hotell & Destinations)coreOthersParent company and brand portfolio managing 20+ boutique hotels and resorts across Sweden and internationally. Includes properties like Jacy'z Hotel & Resort, Hotel Pigalle, Hotel Bellora, Ystad Saltsjöbad, and others. Steam Hotel is part of this collection enabling cross-promotion and brand synergies.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Ystad Saltsjöbad: ESS Group coastal resort hotel combining accommodation, multiple restaurants, spa, and conference facilities. Directly comparable destination-resort model with similar breadth of on-site amenities.
• Jacy'z Hotel & Resort: Sister property within the ESS Group portfolio offering a similar experiential destination hotel concept with multiple restaurants, spa, and entertainment amenities. Directly comparable in business model, parent backing, and lifestyle positioning.
• Yasuragi: Japanese-inspired spa and conference hotel in the Stockholm archipelago operated by Nordic Hotels & Resorts. Comparable as a Swedish experiential destination hotel combining spa/wellness, dining, and conference facilities.
• Fyri Resort: ESS Group resort property featuring accommodation, dining, and wellness experiences. Comparable as a sister experiential destination resort within the same parent portfolio.
• Hotel Pigalle: ESS Group boutique hotel in Gothenburg with a similar experiential positioning, combining accommodation, dining, and nightlife under one roof. Comparable as a sister destination hotel within the same parent portfolio.
• Hotel Bellora: Another ESS Group boutique hotel with dining and event offerings. Comparable as a sister property leveraging the same parent distribution and brand platform.

Broad incumbents

• Scandic Hotels: Largest hotel operator in the Nordic region with a broad portfolio of full-service and conference hotels across Sweden. Competes with Steam Hotel for corporate conference bookings and Stockholm-area leisure demand.
• Elite Hotels of Sweden: Swedish hotel chain operating full-service and conference hotels across major Swedish cities. Comparable in conference capacity and full-service amenity breadth, though less experiential and lifestyle-driven.
• Nordic Hotels & Resorts: Hotel management company operating Yasuragi and other Nordic experiential and conference properties. Comparable as a Swedish hospitality operator with destination resort and conference positioning.

Regional players

• Grand Hotel Saltsjöbaden: Historic Swedish conference and spa hotel in the Stockholm archipelago. Comparable as a destination property combining accommodation, dining, wellness, and conference facilities, though positioned in a different sub-region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/steamhotel
• Facebookfacebook.com/steamhotel
• LinkedInlinkedin.com/company/the-steam-hotel

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Steam Hotel