Cox and Kings-owned MEININGER Hotels and Fonciere des Regions, through its subsidiary Fonciere des Murs, today said they have signed an agreement for a MEININGER Hotel in Lyon, France.
The 169-room and 580-bed hotel is expected to open ain mid 2019, the company said in a release issued here.
This is the fourth joint hotel deal of MEININGER and Fonciere des Regions.
Three further joint projects in Munich, Paris and Milan are currently under development.
"We are very happy with this great new addition to our portfolio and about realising it together with Fonciere des Regions. Lyon is a popular travel destination, furthermore it is France's second most popular business hub. This means the city attracts city tourist and business traveller alike," MEININGER Hotels CEO Hannes Spanring said.
MEININGER currently operates 17 hotels in 11 European cities including Amsterdam, Berlin, Brussels, Frankfurt, Hamburg, Cologne, London, Munich, Salzburg, Vienna and Copenhagen.
The company is a subsidiary of Holidaybreak, a travel group specialising in educational and activity holidays.
Holidaybreak is a subsidiary of Prometheon Holdings (UK), which is a part of Cox and Kings.
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