MEININGER Hotels chooses once again Coldwell Banker Commercial to continue its growth in Italy
Leveraging the potential of budget hotels and the strategic importance of the Italian market, MEININGER Hotels is focusing once again its growth on Italy, planning new openings. The search is targeted on existing hotels or buildings to be converted accordingly, to be managed under lease agreements, with a minimum surface area of 3.500 sqm, in the major Italian cities.
MEININGER Hotels , founded in 1999, has 36 operating hotels, over 20,000 beds in 26 European cities and multiple upcoming openings including Barcelona, Edinburgh, Strasbourg and Tel Aviv. The European hotel chain has become a key player for investors in income-generating hospitality assets. MEININGER properties are owned by leading investors such as AXA, BNP, Covivio, Deka Immobilien and Patrizia.
MEININGER’s expansion in Italy began with Coldwell Banker Commercial between 2017 and 2018, with the first openings of Milano Garibaldi, Milano Lambrate and Roma Termini, followed by the Venice Mestre property, bringing the group’s Italian portfolio to four locations.
The hotel chain embraces the concept of affordable comfort, combining the best features of a hotel and a hostel, catering to a diverse range of guests, including groups, backpackers, business travelers and families. The key strengths of its hotel model lie in its ability to welcome a broad target audience, its attractive design and its excellent price-quality ratio.
MEININGER’s development in Italy will be managed by Tiziana Oggionni and Pietro Nastasi, part of CBC’s hospitality team, who have taken on the roles of Development Manager Italy and Development Analyst Italy for Meininger, respectively. “We are excited to work with the MEININGER team and support the brand’s expansion in Italy”.
“We are pleased to announce this partnership with CBC” – commented Nicolas Capelle, Vice President Development & Asset Management of MEININGER Hotels – its expertise, combined with its in-depth market knowledge, will support our brand’s growth journey in Italy which is our second biggest demand market after Germany”.
This partnership reaffirms Coldwell Banker Commercial’s role as a leading real estate consulting and advisory firm, recognized as a key partner for international operators seeking an experienced and knowledgeable local developer in the Italian market.
For potential opportunities, please contact the following email address: sviluppo.italia@meininger-hotels.com