Backpacking across Europe? Soon, travelers may be able to bunk in budget hotels from Swedish home furnishing giant Ikea.
The owner of Ikea’s intellectual property rights, Inter Ikea, is planning to open at least 100 such lodgings across the continent, according to the Financial Times. But the company won’t run the affordably priced boutique hotels, nor will it give them the Ikea name.
Instead, an established hotel operator will take charge, according to the Times. Inter Ikea is also looking at building residences for students.
No word on whether such properties – which will likely be scattered across established markets such as Britain, the Netherlands and Poland and new ones such as Germany – will also serve the Swedish meatballs available in the stores.