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Movenpick Hotels & Resorts Signs Management Agreement with SoftLogic Holdings
to Operate the 180-room Movenpick Hotel Colombo in  Sri Lanka

DUBAI, UAE, December 13, 2010, - Movenpick Hotels & Resorts has secured a management agreement to operate the Movenpick Hotel Colombo, a 180-room property in Sri Lanka, which is expected to open by mid 2013.

The upscale property, located next to Liberty Plaza in the heart of the city, will occupy half an acre in the prime downtown district, surrounded by commercial businesses, high-end residences and prestigious restaurants.

The 19-floor hotel - being designed with sustainable build and operating requirements - will feature contemporary architecture and room sizes vary from 36sqm for standard rooms up to 70sqm for a suite.

Alongside one speciality restaurant will be an all-day dining venue, rooftop bar and nightclub, and guests will be able to unwind in the fitness centre, spa and pool and receive 24-hour room service, while executives will be able to avail of the Boardroom and Business Centre.

Andreas Mattmuller, Chief Operating Officer of Movenpick Hotels & Resorts, Middle East & Asia, said the company is very excited about opening in Colombo, which is in line with its development strategy to secure projects in key Asian markets.

"It's a great opportunity to expand our presence in such an emerging travel destination," he said. "It dovetails perfectly with our commitment to international expansion and will strengthen our brand portfolio in Asia."

He added that Movenpick Hotels & Resorts look forward to working with owners SoftLogic Holdings in establishing and growing the business.

Ashok Pathirage, Chairman of SoftLogic Holdings, said: "We were keen to work with a globally recognised brand and Movenpick Hotels & Resorts meets our criteria perfectly. I am sure with their world-renowned levels of service and large client base, they will be a successful addition to the Colombo hospitality scene."

Movenpick Hotels & Resorts, an upscale hotel management company with over 12,000 employees, is represented through over 90 hotels existing or under construction in 26 countries with a concentration on its core markets in Europe, Africa, the Middle East and Asia. The international hotel group with roots in Switzerland is expanding and has a stated objective of increasing its hotel portfolio (existing and under construction) to 100 by the year end 2010. With two hotel types, business and conference hotels, as well as holiday resorts, Movenpick Hotels & Resorts has clearly positioned itself in the upscale segment and stands for quality, reliability and care with a personal touch. The hotel group is owned by Movenpick Holding (66.7%) and the Kingdom Group (33.3%).


  Movenpick Hotels & Resorts
 Laura Perez
 Director of Communications
 ME Shatha Tower, Floor 39
Office 3903 P.O.Box 500590
 Dubai , UAE Phone +971-4-367-1927
Fax +971-4-367-2688
Also See: Roger Kacou Appointed Senior Vice President Africa of Mövenpick Hotels & Resorts / July 2010

Mövenpick Hotels & Resorts Appoints Ola Ivarsson as Senior Vice President Europe / February 2008

Taninvest Group of Companies Signs Movenpick to Operate a 200 room Resort Near Serengeti National Park in Tanzania / June 2008

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