- Meininger plans to open a Madrid hotel in 2028 as part of expansion to nine more Spanish properties
- The German chain’s Barcelona hotel generated €800,000 in summer revenue after July opening
- The move reflects continued international operator interest in the Spanish market
- The company sees strong potential in the budget and mid-range segment
- Meininger has operated properties across European cities
Meininger has prepared to open a hotel in Madrid in 2028 as part of plans to expand to nine more properties across Spain. The German chain’s Barcelona hotel, which opened in July, generated €800,000 in revenue over the summer. The move has reflected continued interest from international operators in the Spanish market despite high levels of existing supply.
The company has seen strong potential in the budget and mid-range segment. Meininger has operated properties across European cities. The Madrid hotel formed part of the chain’s expansion strategy. The Spanish market attracted international hotel operators. Meininger targetted budget-conscious travellers as the chain expanded its presence in Southern Europe.
