management changes press release

MEININGER hotels is pleased to announce changes to its Board with immediate effect. Navneet Bali has been promoted to Chairman, Hannes Spanring becomes new CEO of MEININGER Hotels and Clare Gates joins the Board as Human Resources Director.

Navneet Bali, formerly the Company’s CEO has been promoted to Chairman. With MEININGER’s ambitious organic growth plans, this opportunity will allow him to provide the strategic direction and guidance to the Board. Navneet, providing his many years of in depth industry knowledge and expertise will enable MEININGER to continue on its path of growth both organically and through acquisition.

Hannes Spanring, formerly Managing Director and Head of Projects, takes over the reins as Chief Executive Officer for MEININGER with the Senior Executive Team and Business Development reporting directly into him. Hannes joined MEININGER in 2012 and has a wealth of commercial experience particularly in project selection, acquisition and development across Europe and Asia. With his impressive track record, Hannes brings invaluable know-how in his new role as CEO and together with his knowledge of commerce and international markets he will lead the business and direct the strategy in line with the exciting plans for MEININGER. 

Clare Gates, joins the Board as Human Resources Director. Clare has over 20 years HR experience where most recently she worked for LateRooms.com as their HR Director. Her previous experience includes leading global HR functions within technology, engineering & manufacturing sectors. It is Clare’s aim to create a positive and collaborative working environment building on the transformation of MEININGER’s business and culture where engagement, succession planning and talent management will help drive commercial success.

Peter Kerkar, Director, Cox & Kings says: “We are extremely fortunate at having such a talented team of executives taking MEININGER through its next phase of growth, and I have the utmost confidence in Hannes’s ability to make a significant impact in the role of CEO, working closely with the management team and the Board under Navneet’s guidance the team will continue to drive growth and excellence, executing our strategic plans and delivering value to the organisation and most importantly, our customers.”

 

About MEININGER

MEININGER is a subsidiary of Holidaybreak Ltd, the European Education & Leisure specialist activity travel group. Holidaybreak Ltd is a subsidiary of Prometheon Holdings (UK) Ltd, which is a part of Cox & Kings Ltd. Cox & Kings Ltd is listed on National Stock Exchange and BSE Ltd and also on Luxembourg Stock Exchange.

MEININGER provides the service and comfort of an international budget hotel with a combination of regular and multi-bedded rooms, guest kitchens and game zones. The central location, high quality furnishings and good value appeal to a variety of business and leisure customers. With innovative design and an enthusiastic team supporting it, MEININGER hotels provide a unique hotel experience that has proven popular with guests from across the world.

The bedrooms range from traditional double rooms through to rooms with multiple beds and dormitories, and are tailored and adapted to the particular target market the hotel is catering to in a specific location. The unique layout and design of a MEININGER Hotel enables it to cater equally to school groups, families, individual travellers and corporate guests.

MEININGER currently operates 16 hotels in Europe, with a total of 7,025 Beds in 10 European cities including Amsterdam, Berlin, Brussels, Frankfurt, Hamburg, Cologne, London, Munich, Salzburg and Vienna. MEININGER has now signed an additional 8 hotels with 5680 beds which are under development in Barcelona, Budapest, Paris, Munich, Amsterdam, Rome and 2x Berlin.

The group is headquartered in Berlin.

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