Cox & Kings owned 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.
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.
According to Hannes Spanring, CEO of Meininger Hotels, “With this project 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.”
The signing of the Lisbon property takes the number of Meininger Hotels projects under development to 16.
