Cox & Kings-owned Meininger Hotels to enter Switzerland

Image
Press Trust of India Mumbai
Last Updated : Nov 11 2016 | 5:49 PM IST
Tour and travel firm Cox & Kings- owned Meininger Hotels and Losinger Marazzi AG have signed a contract to open a property in Zurich, Switzerland.
With about 170 rooms and 600 beds, the hotel is expected to open by the end of 2019, a release issued here said.
It will be the first hotel of the Meininger Group in Switzerland.
"We are pleased to announce our entry into Switzerland with the signing of this project in Zurich. The city is well connected to the rest of Europe and a popular tourist destination. The hotel will be an exceptional addition to our portfolio," Cox & Kings Director Peter Kerkar said.
Meininger is a subsidiary of Holidaybreak, a travel group specialising in educational and activity holidays.
Holidaybreak Ltd is a subsidiary of Prometheon Holdings (UK), which is part of Cox & Kings.
Meininger currently operates 16 low budget hotels in Europe, with a total of 7,025 beds in 10 European cities, including one in Amsterdam, four in Berlin, two in Frankfurt, three in Vienna and one each in Brussels, Hamburg, Cologne, London, Munich and Salzburg.
The company has signed contracts for 12 new hotels, with a total of 7,517 beds.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 11 2016 | 5:49 PM IST

Next Story