Mövenpick expands its presence in KSA
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Mövenpick Hotels & Resorts (MHR) has revealed plans to open its first hotel and apartment property in Jeddah in 2017.
The new property has been planned in a bid to meet strong demand for branded extended-stay accommodation in Saudi Arabia. The Group has signed an agreement with Hadia Abdul Latif Jameel Group, to manage the 164-unit Mövenpick Hotel & Apartments Al Tahlia Jeddah.
The property will cater to the modern-day corporate traveller and will feature a mixed-use development with suites, an all-day-dining outlet, casual fine-food Indian restaurant, gym with two spa treatment rooms, and four meeting rooms.
“It’s a flexible hotel and apartment model that caters to both short- and long-stay clients, capitalising on the gap in the market for branded extended-stay accommodation,” explained Andreas Mattmüller, chief operating officer, Mövenpick Hotels & Resorts Middle East and South Asia.
MHR plans to increase its KSA footprint by one-third, from a current 10 properties (3,907 keys) to 15 (5,204) by 2018. Upcoming projects include Mövenpick Hotel City Star Jeddah, opening this year, Mövenpick Residences Al Khobar (2017), Mövenpick Hotel Financial District Riyadh (2017) and Mövenpick Hotel Heraa Jeddah (2018).
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