User:Matzemaidsen/Meininger Hotel Group

MEININGER hotels was founded in 1999 in Berlin, Germany. The hotel chain is based on a hybrid concept, a unique product that combines the service and comfort of an international budget hotel with extra facilities, such as a guest kitchen and game zone. All MEININGER hotels are central located and close to public transport links. The hotels have modern facilities and competitive prices. MEININGER hotels HQ is in Berlin. They currently have 24 operating hotels and are expanding rapidly across Europe and also into North America and South Asia.

History
The company began in 1999 when Nizar Rokbani along with his business partner opened the first hotel on Meininger street in Berlin. The hotel chain grew from there and has since established itself as a leader in the market.

In November 2010, Holidaybreak Ltd, the British travel group, specialising in educational and activity based holidays, bought a 50% stake in MEININGER with the option to buy the remaining shares. In April 2012, Holidaybreak Ltd purchased a further 24%. In February 2013, MEININGER announced they had sold the remaining 26% to Holidaybreak Ltd. The purchase price was undisclosed. Holidaybreak Ltd itself is a subsidiary of Cox & Kings Ltd, the Indian travel company which is one of the longest established travel companies in the world (founded in 1758) and is listed on the National Stock Exchange, the BSE Ltd in Mumbai.

MEININGER hotels have grown rapidly over the past few years. Their most recent hotel opening was MEININGER hotel Berlin Tiergarten on 14th September 2018.

Hotel Concept
The hotels themselves are tailored and adapted to the specific location and the market served in the area. The unique and flexible design of each hotel makes it possible to appeal to various target groups alike including school groups, families, backpackers and business travellers. The bedrooms range from traditional double rooms through private rooms with multiple beds right down to a bed in a dormitory.

Awards and Recognition
MEININGER hotels were awarded with the prestigious “Global Travel Youth Award” in 2017. Additionally, MEININGER hotel Leipzig Central Station recently received the “German Design Award Special 2019”.