Niels Fennet
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[edit]
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[edit]
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[edit]
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[edit]
Niels Fennet lives with his wife Lise Fennet on the Hegnsholt estate at Fredensborg north of Copenhagen. They have three daughters.[2]
References[edit]
- ^ "Godsejeren fra stenbroen". Berlingske (in Danish). Retrieved 16 September 2015.
- ^ a b c "Niels Fennet:1.000 værelser på Cab Inn Hoteller". Selskabet Byens Ejendomme (in Danish). Retrieved 16 September 2015.
- ^ "Milliardær lokker Brødrene Price med ny restaurant i legendarisk kro". SelskPolitiken (in Danish). Retrieved 16 September 2015.