Cox & Kings owned, MEININGER hotel group announced the signing of an agreement for a hotel in Reykjavik. The property is located on Vesturbaer district in Reykjavik, which is close to the city centre and the Harpa concert hall.

The opening is scheduled for the second quarter of 2020.

The MEININGER Hotel will be accommodated in the iconic JL House, a famous 1940s warehouse, and will be completely modernised to meet MEININGER's latest standards.

The hotel will have a gross floor area of 5,500 square meters. The 122 rooms and 442 beds will be spread over 5 floors.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)