Movenpick Hotel and Resorts has plans to open a series of hotels and properties this year. The 11 new properties, spread throughout nine countries highlight the international hospitality giant’s expansion expansion plans which will include Mövenpick’s debut in five new countries as the company continues to grow its global footprint.
The five new countries to get a taste of Movenpick include Kenya, Bangladesh, Iraq and Maldives. Through a streak of portfolio expansion, the global hospitality firm currently operates 83 hotel properties spread over Arica, Asia, Europe and the Middle East. The company will be rolling out the group of new additions to its portfolio over the next ten months, a move experts say is a strategic advantage.
The experts also lauded the choice of locations which will include interesting locations in the Maldives as well two of Dubai’s hottest districts. Dubai is dubbed by many in the hotel industry as one of the hottest locations for hotel and tourism due to its prestigious market. The Maldives however, will offer Movenpick the opportunity to grow its prospects in the Indian ocean.
This marks yet another year of Movenpick Hotel and Resorts gearing up for another period of significant portfolio expansion.
Already, Mövenpick Hotel & Residences in Nairobi, Kenya; Mövenpick Asara Resort & Spa, Hua Hin in Thailand; and Mövenpick Hotel du Lac Tunis are scheduled to set tune as they will be unveiled over the next few months. This will mark the company’s first establishment in Kenya and east Africa, while it will be the seventh and third time in Thailand and Tunisia respectively. The Kenya property is set to be a luxurious five-star property with ample accommodation and conference facilities.
The remaining eight properties that constitute this expansion effort will also launch before the end of the year. Apart from its near-term plans, Mövenpick currently has more than 40 properties in its pipeline with some prospects including Muscat (Oman), Ras Al Khaimah (United Arab Emirates), Abidjan (Cote d’Ivorie), Addis Ababa (Ethiopia), and Abuja (Nigeria).
The hospitality player is targeting countries good potential for future growth.