Europe's Meininger Hotels Mulls Going Public: Report


Skift Take

After months of problems, Mumbai-headquartered Cox & Kings is now undergoing insolvency proceedings in India. Will Meininger, its hybrid hotel chain, get a new lease on life?

Cox & Kings-owned Meininger, a hybrid hostel/hotel chain, is planning to go public, according to a report in the Times of London. If successful, the mooted listing is understood to value the business at around $437 million (€400 million). The Times reports that investment bank Zeus Capital is targeting a floatation on AIM, a sub-market of the London Stock Exchange, in the next four to six weeks. Mumbai-headquartered Cox and Kin