MEININGER to open a hotel in Glasgow, United Kingdom
Mumbai: 29th March 2018: Cox & Kings owned MEININGER Hotels and investor LGIM Real Assets (Legal & General) have signed an agreement for a hotel in Glasgow. The hotel will be located on West George Street opposite Queen Street Train Station and will offer 160 rooms and 590 beds. The opening is scheduled for 2020.
Due to its strategic location in the centre ofGlasgow, opposite to Queen Street Train Station which is currently undergoing amajor redevelopment, many of the city's sights, museums and monuments arewithin walking distance from the hotel. Equally, there are numerousrestaurants, pubs and venues nearby. The Gallery of Modern Art is just a3-minute walk from the hotel and the Royal Concert Hall just 9 minutes.
Due to its proximity to the train station, the hotelis well connected to both local and long-distance destinations, with trainsrunning to the north of Scotland and to Edinburgh, which can easily be reachedwithin40 minutes. The nearest underground station is also just 160 meters from thehotel.
The MEININGER Hotel will have 160 rooms and 590 beds,spread over 5 floors of the new building. The room types will range fromclassic double rooms through private multi-bed rooms to beds in a dorm room.The public areas such as reception, lobby, lounge, breakfast room and bar aswell as a guest kitchen and game zone, which are all typical features of aMEININGER, will be located on the first floor of the building. At basement,ground and mezzanine levels the scheme will also create around 1400 sqm of newretail space.
The hotel in Glasgow will be the second hotel for theMEININGER Group in the UK. MEININGER already operates a hotel in London since2006.
Hannes Spanring, CEO of the MEININGER Hotels, ispleased about the new project: "Great Britain is a very important marketfor us and Glasgow as Scotland's largest city is the perfect location foranother MEININGER hotel in the UK. The Glasgow hotel is an excellent additionto our portfolio, due to its prime location in the heart of the citycentre."
Craig Westmacott, Senior Fund Manager, LGIM RealAssets, said: “We are pleased to be working with MEININGER Hotels as they seekto expand their successful brand into the UK. This site is an excellentlocation for a new hotel and together with the redevelopment of Queen Streetstation will bring significant improvements to this key area of Glasgow citycentre.”