Islande Hotel

What Islande Hotel does

Islande Hotel (legal entity: SIA Islande Hotel) is a privately held full-service hotel established in 2002 in Riga, Latvia, operating a 205-room property at Ķīpsalas iela 2 with capacity for up to 360 guests across eight room categories ranging from single rooms to a 102 m² Luxury Suite. The hotel is positioned as a mid-market to upper-mid-market property with a panoramic rooftop restaurant (10th floor), a 9th-floor restaurant with Old Town views, a 1st-floor breakfast and group dining venue, and a lobby bar, plus a 240 m² transformable conference hall (with 150 m² and 80 m² configurations and two 18 m² meeting rooms), a sauna relaxation area, a six-lane bowling center, a 24/7 Life Fitness gym, and free private parking for 80 cars and 8 buses with EV charging.

The business operates a horizontal multi-segment model serving three primary customer groups: corporate/business travelers using the conference halls and event services, celebration hosts (weddings, banquets, up to 150 guests on the 1st floor and 50 guests on the 9th floor), and leisure travelers visiting Riga. Revenue is generated across four streams — room accommodation (quote-based, not publicly disclosed), food and beverage (transaction-based), conference and event services, and ancillary services (sauna at 50 EUR/hour, bowling at 150 EUR/hour private rental, gym at 5 EUR/day, parking free for guests, pet accommodation at 30 EUR/night). Go-to-market is direct-to-consumer through the multi-language website (EN/LV/RU) with 24/7 phone and email reservations, supplemented by OTA listings and a dedicated corporate sales team ([email protected], +371 67 608 016) handling long-term partnership contracts with event clients.

Technology is limited to standard hotel property management and reservation systems plus web analytics (Google Analytics, Yandex Metrica) and social integrations (Facebook, Instagram, draugiem.lv, LinkedIn). The hotel's most notable technology and infrastructure investment is the August 2023 rooftop solar installation (one of the first in Riga, generating ~7% of annual consumption), paired with Green Key (November 2024) and Powered by Green sustainability certifications, which together represent its primary ESG and differentiation strategy rather than any AI or platform buildout.

Name

Islande Hotel

Legal name

SIA Islande Hotel

Website

https://islandehotel.lv

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

Islande Hotel is a privately held 205-room full-service hotel in Riga, Latvia, serving corporate conference clients, celebration hosts, and leisure travelers with on-site dining, event venues, and sustainability-certified operations.

Ownership category

akta.pro rank

Product category

Hospitality Services

NAICS

Hotels (except Casino Hotels) and Motels (72111), Hotels (except Casino Hotels) and Motels (721110), 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

Hotel & Resort Convention Venues (Convention Hotels) (THAHAAAC), Hotel & Resort Restaurants (THAFACAH)

Keywords

• Hotel accommodation
• Conference event venues
• Banquet celebration hosting
• Leisure hospitality services
• Hotel dining restaurants

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Hotel Accommodation: Room rentals across 205 rooms of various categories including single, double/twin, triple, family, accessible, superior, deluxe, and luxury suite rooms. Capacity up to 360 guests. Revenue generated from nightly stays with check-in from 2:00pm and check-out at 12:00pm.
2. Food & Beverage: Multiple dining venues including rooftop terrace restaurant (10th floor), 9th floor restaurant with panoramic views, 1st floor restaurant for breakfast and group dining, and lobby bar. Revenue from meals, beverages, catering for events, and restaurant discounts for hotel guests.
3. Conference & Event Services: Conference halls rental (240m2 transformable space), meeting rooms, event organization services for banquets, weddings, and celebrations. Includes technical equipment, coffee breaks, lunches, dinners. Capacity up to 200 people for conferences, up to 150 for banquets.
4. Ancillary Services: Sauna relaxation area (50 EUR/h, min 2h), bowling center (150 EUR/h private rental), gym (5 EUR/day), transfer services, parking (free for guests), pet accommodation (30 EUR/night).

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Islande Hotel operates a 205-room hotel in Riga, Latvia offering accommodation across eight room categories with capacity for up to 360 guests. The hotel complements lodging with multi-floor dining venues, a 240m2 transformable conference hall, banquet facilities for weddings and celebrations, and ancillary amenities including a sauna relaxation area, bowling center, gym, and free parking for 80 cars and 8 buses.

Product overview

Islande Hotel operates as a traditional hospitality establishment offering accommodation and event services. The core product portfolio centers on 205 hotel rooms across eight categories (Single, Double/Twin, Triple, Family, Accessible, Superior, Deluxe, and Luxury Suite) with total capacity for 360 guests. Supporting facilities include conference halls (240m2 main venue transformable into smaller configurations), multiple dining venues (rooftop terrace, 9th-floor panoramic restaurant, 1st-floor breakfast restaurant, and lobby bar), and leisure amenities (sauna relaxation area, bowling center, and gym). Additional services encompass parking with EV charging, transfer arrangements, and comprehensive banquet/celebration hosting for up to 150 guests.

Differentiator

Problem solved

Functional benefit

Products and services

• Hotel Rooms 205 rooms across 8 categories (Single, Double/Twin, Triple, Family, Accessible, Superior, Deluxe, Luxury Suite) accommodating up to 360 guests, featuring amenities including minibar, Wi-Fi, satellite TV, air conditioning, and panoramic Old Town views in select rooms.
• Conference Halls 240m2 main conference room transformable into 150m2 and 80m2 spaces, plus two 18m2 meeting rooms, accommodating up to 200 guests with full technical equipment including laser projectors, sound systems, Wi-Fi, and catering services.
• Restaurants and Bars Multi-floor dining facilities including a 10th-floor rooftop terrace bar, 9th-floor restaurant with panoramic Old Town views, 1st-floor restaurant for breakfast and group dining, and lobby bar, serving European cuisine with gluten-free and lactose-free options.
• Sauna Relaxation Area 9th-floor relaxation zone featuring sauna, steam bath, cold plunge pool, and heated seating area for groups up to 10 persons, available for private reservations at 50 EUR/hour with minimum 2-hour booking.
• Bowling Center Entertainment facility with 6 bowling lanes (2 child-adapted), 2 billiard tables, children's playroom, air hockey, table football, and darts, available for private events at 150 EUR/hour.
• Gym Fitness center equipped with professional Life Fitness strength and cardio equipment, open 24/7 to hotel guests for an additional 5 EUR/day fee.
• Transfer Service Taxi and transportation services available to guests for travel within Riga and Latvia by prior arrangement.
• Parking Free private parking facility with capacity for up to 80 passenger cars and 8 buses, including electric vehicle charging stations with two charging docks.
• Banquets and Celebrations Event organization services for weddings, banquets, and social events for up to 50 persons on the 9th floor or up to 150 persons on the 1st floor, including venue, catering, and partner services for decorations, floristry, entertainment, and photography.

Quantifiable outcome

• Sauna relaxation area capacity: up to 10 persons, 50 EUR/h minimum 2 hours
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Partnerships

One partnership is on record.

• Wedding Service Partners (Decorations, Floral design, Event Manager, Music, Photos & video, Transport)minorOthersThe hotel offers reliable partners to take care of celebration services including decorations, floral design, event management, music, photography & video, and transport for wedding and event clients. These are recommended vendors rather than formal exclusive partnerships.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Park Inn by Radisson Riga: Mid-to-upper scale Riga property under the Radisson umbrella, overlapping with Islande on both leisure and conference demand at a similar price band but with stronger distribution via the Radisson network.
• Pullman Riga Old Town: Newer international-brand property in Riga with modern conference infrastructure and Accor loyalty reach. Represents the modern chain competitive threat to Islande's mid-tier MICE positioning.
• Grand Hotel Kempinski Riga: Luxury five-star hotel in Old Town Riga competing for high-end corporate events and weddings. Sets the upper pricing benchmark for Riga event venues against which Islande's mid-scale panoramic offerings compete.
• Radisson Blu Hotel Latvija, Riga: Larger international-brand hotel in central Riga with extensive conference facilities and broad F&B. Competes in the same MICE and leisure segments but at a higher price tier and with global distribution advantages.

Direct peers

• Hotel Roma Riga: Independently operated mid-scale Riga hotel catering to a similar leisure and small-event mix. Comparable in scale, independence, and target customer profile.
• Avalon Hotel & Conferences: Riga-based hotel with comparable conference and event focus, similar mid-scale positioning, and overlapping corporate MICE clientele. Most directly comparable in business mix and target segments within the Riga market.
• Wellton Hotels & Spa (Riga): Latvian hotel group operating multiple Riga properties at the mid-scale tier, competing for both leisure and conference/event demand. Closest domestic multi-property competitor in scale and pricing band.
• Bellevue Park Hotel Riga: Mid-scale Riga hotel with significant conference facilities and group-booking focus, targeting a similar corporate and leisure mix. Direct overlap in MICE infrastructure and pricing tier.

Regional players

• Tallink Hotel Riga: Estonian-headquartered hotel chain with a Riga property, bringing regional distribution and ferry/loyalty cross-selling into the same Baltic market. Comparable on geography and corporate-customer overlap.
• Hestia Hotel Group: Baltic hotel group operating multiple mid-scale properties across Estonia and Latvia, including Riga. Comparable in scale and multi-property operating model, even if Riga-specific overlap is partial.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/rigaislandehotel
• Instagraminstagram.com/rigaislandehotel
• LinkedInlinkedin.com/company/islande-hotel

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 Islande Hotel