Vischer advised Meininger on the deal.
International hotel group Meininger managed its successful market entry in Switzerland and opens new hotels in Zurich (174 rooms, 582 beds) and Geneva (104 rooms, 368 beds).
Both hotels opened successfully in May (Zurich) and June (Geneva), and are welcoming guests since their openings.
Its Zurich hotel, with 174 rooms and 582 beds, has been built in the new sustainable Greencity district in the south of the city, not far from the popular recreation areas on the River Sihl. By public transport guests can reach the city centre from the MEININGER Hotel Zurich quickly and in an environmentally friendly way, and there are also two car sharing services in the immediate vicinity of the hotel. Greencity is 100 percent powered by renewable energy sources.
In the French-speaking part of Switzerland, in Geneva, 104 new rooms with a total of 368 beds have been built under the direction of MEININGER Hotels. The location in Switzerland’s second largest city occupies an important place in the MEININGER portfolio. After all, Geneva is not only a diplomatic centre but also an international showcase for science. Lake Geneva, the museums and other cultural attractions as well as the hotel’s proximity to the Swiss and French Alps should all attract additional visitors.
MEININGER is a unique hotel product that combines the service and comfort of an international budget hotel with extra facilities, such as a guest kitchen and a games zone. The central location, high quality furnishings and fair prices appeal to people of all ages and backgrounds. With the right dose of MEININGER humour and an enthusiastic team, MEININGER hotels with their guests from all over the world become a real home away from home.
The Vischer team, led by partner Urs Haegi (Picture – Regulatory), included Dr. Peter Kühn (Counsel, Corporate/M&A), Dr. Roland M. Müller (Partner, Head Real Estate), Moritz Jäggy (Managing Associate, Real Estate), Christoph Niederer (Partner, Head Tax), Beatrice Leistner (Managing Associate, Tax) and Hubert Steffen (Accountant).
Law Firms: VISCHER AG;
Clients: MEININGER Holding;