MEININGER Hotels and project developer Nelson Canal Portugal have signed the agreement for a hotel in Lisbon. The building is located in the Santos quarter on Avenida 24 de Julho, on the banks of the Tejo River. The opening of the 121-room and 453-bed hotel is scheduled for the end of 2019.
Santos is a lively quarter, which is worth exploring, right on the waterfront and not far from the city center. Also known as Lisbon's "design district", the Lisbon Art Center & Studios, the Barraca Theater and the well-known art university IADE are based here as well as numerous galleries, shops, cafes and restaurants. "The hotel's location midst the dynamic design district Santos, with its cosmopolitan and creative residents and visitors, perfectly fits with the diverse MEININGER guest mix of backpackers, business travellers, groups, families and individual travellers," says Hannes Spanring, CEO of MEININGER Hotels.
Another highlight is the Time Out Market, not far from the hotel, Lisbon's largest preserved market hall and a well-known food court with stalls offering a variety of Portuguese food and drinks.
The city centre of Lisbon is just a few minutes away by public transport and 20 minutes by walking. The connection of the hotel to the public transport is excellent. The nearest bus and tram stations are only 5 minutes away from the MEININGER Hotel. Thanks to a good train and ferry connection it’s not far to the beaches near Lisbon. The beach of Cascais can be reached in just 30 minutes.
The hotel, with a gross floor area of 5,530 square meters, will be located in a former office building, which will be converted to a MEININGER Hotel. The building will have 121 rooms and 453 beds spread over 6 floors. All rooms are equipped with TV, free Wi-Fi and ensuite bathrooms. The room types will range from standard double rooms, to private rooms with multiple beds through to a bed in a dormitory. All public spaces including the reception, lobby, lounge, breakfast room and bar as well as guest kitchen and games room, which are all typical features of a MEININGER hotel, will be located on the ground floor. The hotel will offer own parking spaces for guests.
Hannes Spanring is pleased about the signing: "With the project in Lisbon we enter a new and important market. Lisbon is a beautiful city and has enjoyed increasing popularity with travellers from Portugal and across Europe for years. We have been looking for a suitable property for some time and are therefore very happy about this new project."
With Lisbon, the number of MEININGER projects under development is growing to 16. The MEININGER Hotels continue to expand and examine opportunities in North America and South Asia. However, the focus remains on Europe.
About MEININGER Hotels:
MEININGER is a subsidiary of Holidaybreak Ltd, a travel group specialising in educational and activity holidays. Holidaybreak Ltd is a subsidiary of Prometheon Holdings (UK) Ltd, which is a part of Cox & Kings Ltd. Cox & Kings Ltd is listed on the National Stock Exchange, the BSE Ltd in Mumbai.
MEININGER is a unique hotel product that combines the service and comfort of an international budget hotel with extra facilities, such as a guest kitchen and a games zone. The central location, high quality furnishings and fair prices appeal to people of all ages and backgrounds. With the right dose of MEININGER humour and an enthusiastic team, MEININGER hotels with their guests from all over the world become a real home away from home.
The bedrooms range from traditional double rooms through private rooms with multiple beds right down to a bed in a dorm room. The hotels are tailored and adapted to the specific location and the market served by the hotel. The unique and flexible design of each hotel makes it possible to appeal to various target groups alike, such as school groups, families, individual travellers and corporate guests.
MEININGER currently operates 20 hybrid hotels in Europe, with a total of 10,492 beds in 12 European cities including Amsterdam, Berlin, Brussels, Copenhagen, Frankfurt/Main, Hamburg, Leipzig, London, Milan, Munich, Salzburg and Vienna. Contracts for 16 new hotels in Berlin, Bordeaux, Brussels, Budapest, Dresden, Geneva, Glasgow, Heidelberg, Lyon, Milan, Munich, Paris, Rome, Saint Petersburg, Zurich and now Lisbon have already been signed. MEININGER has ambitious plans for growth - in this regard, the focus is no longer only on Europe – possibilities for an expansion to North America and Asia are also being sounded out.
In the ‘TREUGAST Investment Ranking 2016’, the MEININGER Group achieved an AA rating. The group is headquartered in Berlin.