Hybrid hotel brand MEININGER Hotels has announced that it has formed a strategic investment partnership with Fonciére des Régions for the expansion of the brand throughout Europe. MEININGER is to source opportunities for new hotels, which will be financed by Fonciére and managed by MEININGER under its own brand in a lease structure. The main gateway cities to be targeted are Amsterdam, Barcelona, Brussels, Berlin, Geneva, Hamburg, Frankfurt, London, Madrid, Milan, Munich, Paris, Rome, Vienna and Zürich; other Western and Eastern European cities will also be part of the expansion plan. "MEININGER's aim is to operate an 'urban traveller's home' in every major European city," said Navneet Bali, chief executive of MEININGER Hotels.
HVS EMEA HOSPITALITY NEWSLETTER.