Hotel & Restaurant NEIBURGS

What Hotel & Restaurant NEIBURGS does

Hotel & Restaurant Neiburgs is a family-owned boutique hotel and fine-dining restaurant operating from a single 1903 Art Nouveau building at Jauniela 25/27 in Riga's Old Town, a UNESCO World Heritage Site adjacent to the Dom Cathedral. The legal entity is SIA Jauniela 25/29 (Latvia, registration No. 40003779664), and the property was restituted to the Neiburgs family heirs after Latvian independence and reopened as a restaurant in 2009 and a hotel in 2010. The hotel offers 55 apartment-style rooms ranging from 25m² Studios to 62m² Two-Storey Deluxe Suites, every unit equipped with a kitchenette, workspace, and original graphic art by co-owner Katrīna Neiburga. The company serves four named segments: leisure travelers seeking cultural immersion, business and corporate clients, long-stay guests (including digital nomads targeted via the Work & Relax Package), and local diners in the restaurant.

The revenue stack comprises accommodation (rooms from €93/night for the Work & Relax package), restaurant dining (starters €7-26, mains €7-24, desserts €6.50-9, wines €4-110, Michelin Guide 2024-2026), five conference and event venues with capacities from 6 to 60 persons, spa services (in-house sauna/steam plus PARK SPA treatments), and gift cards valid 6 months. Distribution is direct via the bouk.io booking engine on neiburgs.com, supplemented by Booking.com and walk-in restaurant traffic; marketing relies on the official website, Facebook, two Instagram accounts, and TripAdvisor. Pricing models include nightly stays, à la carte and lunch set menus, multi-tier discounts (15% for 3+ nights, 20% for early booking), and the Work & Relax package. Corporate events are sold via [email protected].

The leadership team is family-centric: co-owners Katrīna and Kristīne Neiburga, executive chef Vlads Gerki (seasonal European cuisine with Latvian influences), and photographer Antons Georgs Grauds. The headcount is approximately 10 employees, and the operating license is SKV-L-2019/95 (issued 2 August 2019). The property has won the Latvian Building of the Year 2009 (Restauration category) and the Annual Prize in Interior Design 2010. The company has no parent, no external investors, no funding rounds, and no subsidiaries; expansion is organic and constrained to the single heritage asset.

Name

Hotel & Restaurant NEIBURGS

Legal name

SIA Jauniela 25/29

Website

https://neiburgs.com

Company type

Private

Founded year

1903

Operating status

Operating

Headcount range

1–10 employees

Short description

Hotel & Restaurant Neiburgs is a family-owned boutique hotel and Michelin Guide-featured restaurant in Riga's UNESCO-listed Old Town, offering 55 apartment-style rooms, fine dining, conference venues, and spa services to leisure travelers, business clients, and local diners.

Ownership category

akta.pro rank

Product category

Boutique Hotels

NAICS

Hotels (except Casino Hotels) and Motels (72111), Full-Service Restaurants (722511)

SIC

Hotels & Motels (7011), Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Gastronomy & Wine-Focused Boutique Hotels (THAGADAG)

akta.pro secondary industries

Lifestyle & Social Hotels (THAGADAB), Art & Culture (Gallery/Museum) Hotels (THAGADAC), Hotel & Resort Restaurants (THAFACAH)

Keywords

• Boutique hotel accommodation
• Fine dining restaurant
• Conference event venues
• Spa wellness services
• Art nouveau hospitality

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Others

Revenue model

1. Accommodation Services: 55-room boutique hotel with various apartment types from Studio to Two-Storey Deluxe Suite. Rooms feature kitchenettes, workspaces, designer furniture, and views of Old Town or Dom Cathedral. Revenue generated from nightly stays with seasonal pricing and special offers.
2. Restaurant Dining: Michelin Guide-featured restaurant serving European cuisine with Latvian influence. Offers à la carte menu, wine list, and chef's specials. Breakfast buffet, lunch, and dinner service. Private dining and event hosting in restaurant space (84m², 60-person capacity).
3. Conference & Event Venues: Multiple event spaces: Lily (30 ppl), Amaryllis (50 ppl), Library (40 ppl), Restaurant (60 ppl), Business Room (6 ppl). Equipment includes WiFi, projector, CD/DVD player, flipchart. Catering services for events.
4. Spa & Wellness Services: Sauna, steam bath, rain showers, and partnership with PARK SPA for extended treatments. Baltic amber therapy, honey wraps, classic massages, and facial treatments available.
5. Gift Cards: Gift cards for hotel stays or restaurant services, valid for 6 months from issuance. Sold via website or at hotel.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Hotel & Restaurant Neiburgs operates a family-owned boutique hotel with 55 apartment-style rooms in a 1903 Art Nouveau building in Riga's Old Town, alongside an on-site Michelin Guide-featured restaurant serving European cuisine with a contemporary Latvian touch. The property also offers multiple conference and event venues, a spa with sauna and steam bath, and a business center, targeting leisure travelers, business guests, and corporate event organizers.

Product overview

Hotel & Restaurant Neiburgs is a family-owned boutique hotel and Michelin-recommended restaurant located in Riga's Old Town UNESCO World Heritage Site. The hotel offers 55 apartment-style rooms (Two-Storey Deluxe Suites, Two-Storey Suites, Senior Suites, Studio Deluxe, and Studio Apartments) equipped with kitchenettes, workspaces, and designer furniture. The property includes Conference Facilities (Amaryllis hall, Restaurant venue, Library, and Business Room), an on-site SPA with Finnish sauna and steam bath, and Restaurant Neiburgs featuring contemporary Latvian-European cuisine. The hotel provides special packages including Work & Relax stays, gift cards, and early booking discounts. All facilities are housed in a historic Art Nouveau building dating to 1903.

Differentiator

Problem solved

Functional benefit

Products and services

• Hotel Neiburgs - Apartment Rooms 55 apartment-style rooms in a 1903 Art Nouveau building featuring built-in kitchenettes, ergonomic workspaces, designer furniture, parquet floors, natural silk curtains, and original graphic art by co-owner Katrīna Neiburga; targeting leisure and business travelers seeking character-rich accommodation in Riga's Old Town.
• Restaurant Neiburgs Family-owned fine dining restaurant serving distinctive European cuisine with a contemporary Latvian touch, with seasonal menus based on local ingredients, an extensive wine list, à la carte and chef's specials lunch set offerings, breakfast buffet, and a summer terrace; serves hotel guests, walk-in diners, and private event bookings.
• Conference Venue - Amaryllis 52m² conference and event venue accommodating up to 50 guests with projector, screen, wireless presenter, CD/DVD player, and flipchart; supports theatre (55), U-shape (28), boardroom (24), classroom (28), banquet (24), and reception (50) layouts; targeting corporate events, seminars, and private gatherings.
• Conference Venue - Restaurant Neiburgs (Event Space) 84m² restaurant event space accommodating up to 60 guests, with a 24-person summer terrace and maximum of 24 guests at one table; suitable for business events, private gatherings, and banquets.
• Conference Venue - Library 48m² conference room next to hotel reception accommodating 30 guests, featuring ZAVA OCIU ceiling lamps, Ligne Roset armchairs, restored Thonet furniture, and books in multiple languages; suitable for coffee breaks, small celebrations, and press conferences.
• Conference Venue - Business Room Small meeting room accommodating 6 guests, featuring an Apple iMac computer with fast internet connection, Wi-Fi, projector, screen, wireless presenter, CD/DVD player, and flipchart; for small business meetings and private workspace needs.
• SPA Services On-site spa offering Finnish sauna, steam bath, and rain shower, with extended wellness treatments delivered through partnership with PARK SPA, including Baltic amber therapy, Latvian buckwheat honey wraps, classic aromatherapy massages, and facial treatments.

Quantifiable outcome

• Michelin Guide recognition for 3 consecutive years (2024, 2025, 2026)

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Booking.comminorChannel Partner/ Reseller/ DistributorOnline travel agency partner for accommodation bookings. Hotel receives guest booking data from Booking.com to provide hospitality services.
• PARK SPAcoreStrategic or Co-development PartnerSpa partnership providing extended wellness treatments. Hotel Neiburgs offers in-house spa services including Finnish sauna, steam bath, and partners with PARK SPA for treatments that relieve travel stress and rejuvenate guests.
• PLŪKT (PLUKT Tea)minorGTM or Marketing PartnerNordic wild meadow and forest biological tea brand. Provides hand-picked teas for guest rooms as part of work/rest package offerings.
• Travel Agencies & Tour OperatorsminorChannel Partner/ Reseller/ DistributorThird-party booking partners including travel agencies and tour operators who book hotel services on behalf of guests.
• Local Craft Beer Producers (Zoltners, Lielvārde, Labietis)minorOthersLocal Latvian breweries supplying draft and bottled beer: Zoltners draft beer, Lielvārde bottled beer, Labietis Microbrewery Juniper Red Ale 'Mežs', and Estrella Galicia non-alcoholic beer.
• Latvian National Symphony Orchestra (LNSO)minorGTM or Marketing PartnerCultural partner. Hotel recommends LNSO concerts to guests as nearby cultural attraction in Great Guild Hall, 5-minute walk from hotel.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Radisson Blu Latvija: Largest international-chain hotel in Riga city center with 571 rooms, multiple F&B outlets, and large conference capacity. Competes with Neiburgs for corporate RFPs and group bookings but with a mass-market, broad-portfolio approach.
• Pullman Riga Old Town: International upscale-brand hotel in Riga Old Town. Overlaps Neiburgs's geographic and luxury positioning but operates at a larger scale and with Accor's global distribution, posing competitive pressure on boutique ADR.
• Park Inn by Radisson Riga Valdemara: Modern international mid-scale hotel in Riga, competing with Neiburgs's conference and business-traveler segments at a lower price point, capturing price-sensitive corporate demand that Neiburgs may not reach.

Direct peers

• Hotel Bergs: Family-owned boutique hotel in Riga's upscale Bergs Bazaar area, a comparable 5-star boutique property with strong design and dining credentials. Direct competitor for high-end leisure and corporate guests in the Riga market.
• Grand Palace Hotel: Luxury hotel in a restored 19th-century building in Riga Old Town, walking distance to Neiburgs. Direct competitor for heritage-luxury travelers and corporate clients booking upscale Old Town accommodation.
• Royal Square Hotel & Suites: Small boutique hotel in Riga Old Town focusing on premium, design-led stays. Comparable in scale and product (rooms + on-site dining in the Old Town) to Neiburgs and competing for the same inbound leisure traveler.
• Dome Hotel & Spa: Relais & Châteaux boutique hotel in Riga Old Town, located next to Dom Cathedral—just metres from Neiburgs. Highly comparable luxury boutique product with spa, fine dining, and heritage positioning for the same Old Town guest.
• Hotel Justus: Boutique hotel in a restored 16th-century building in Riga Old Town. Comparable in heritage positioning, small room count, and cultural-tourism focus, competing directly for art-and-architecture-oriented travelers.

Regional players

• Semarah Hotel Lielupe: Resort hotel in Jūrmala, Latvia's Baltic beach resort, focused on spa, conferences, and leisure. Comparable in size and event focus, but a regional-resort variant rather than an Old Town city competitor.
• Wellton Riverside SPA Hotel: 4-star hotel in central Riga with strong spa positioning, comparable conference and F&B facilities. Competes for mid-to-upper scale business and leisure guests in the broader Riga catchment rather than the Old Town heritage niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Neiburgs
• Instagraminstagram.com/neiburgs_hotel
• LinkedInlinkedin.com/company/hotel-restaurant-neiburgs

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Hotel & Restaurant NEIBURGS