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Niels Fennet

From Wikipedia, the free encyclopedia

Niels Fennet (born 1944) is a Danish engineer and businessman best known for founding the low-cost hotel chain Cabinn. He is also the owner of the historic inn Store Kro in Fredensborg.

Early life and career

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Fennet was born in 1944 in Valby in North Zealand but grew up with his mother in the Vesterbro district of Copenhagen after his parents divorced. His mother was a teacher and later became the principal of several primary schools.[1] Fennet studied engineering and opened his own engineering consultancy at age 24. The company grew to have 45 employees.[2]

Founding of the Cabinn chain

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In the late 1980s, Fennet conceived the idea for the CABINN chain and decided to use his experience with cost-efficient construction projects in a new venture and sold his company to the employees in 1989. His first hotel opened in Copenhagen in 1990.

Other investments

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Fennet also owns a portfolio of other properties.[2]

In 2013, Fennet purchased the historic inn Store Kro situated next to Fredensborg Palace in Fredensborg.[3]

Personal life

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Niels Fennet lives with his wife Lise Fennet on the Hegnsholt estate at Fredensborg north of Copenhagen. They have three daughters.[2]

References

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  1. ^ "Godsejeren fra stenbroen". Berlingske (in Danish). Retrieved 16 September 2015.
  2. ^ a b c "Niels Fennet:1.000 værelser på Cab Inn Hoteller". Selskabet Byens Ejendomme (in Danish). Retrieved 16 September 2015.
  3. ^ "Milliardær lokker Brødrene Price med ny restaurant i legendarisk kro". SelskPolitiken (in Danish). Retrieved 16 September 2015.