"We counter this with our community manager and events at which we introduce new tenants. The events are held digitally only due to coronavirus, Sauer pointed out. "Contacts and friendships are formed when our customers decide to go running together and people get to know each other that way." Residents of PHNX meet in the in-house restaurant, sky lounge bar or in the co-working space that was once the realm of the last CEO of Phoenix.
The 225-room aparthotel opened in July 2020 in the landmarked Phoenix rubber factory, which dates back to 1940. Hence the name PHNX i.e., Phoenix without vowels. The redesign won Best Co-Living Interior Design at the LIV Hospitality Design Awards and the European Property Award for Best New Hotel Construction & Design.