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Moevenpick Hotels & Resorts Assumes Management of the Moevenpick Resorts & Spa Cebu
on Mactan Island in the Philippines

DUBAI, UAE, April 5, 2011 -- Moevenpick Hotels & Resorts is further strengthening its Asian network by undertaking management of the Moevenpick Resort & Spa Cebu with immediate effect.

The Mediterranean-inspired enclave, set on its own private beach on Mactan Island, offers white sandy beaches and excellent diving and snorkelling, while guests looking for a more energetic stay can head into Cebu, with its vibrant nightlife and extensive shopping, half an hour away.

An impressive range of room categories includes deluxe and executive rooms, as well as one and two-bedroom Executive Spa Suites. Most of the rooms offer direct sea views and the suites are designed in striking Art Deco style, offering balconies with sea views, living room and expansive bathroom with Jacuzzi. The stunning two bedroom Ocean Suite features a separate dining area.

The resort contains three executive floors and an executive lounge, making it perfect for meeting retreats or unwinding executives looking to combine work and leisure.

Guests can choose from five restaurants and bars, with open kitchens designed by Dan Kwan, and keep in shape at the fully equipped health club, professional gym, steam room and garden spa.

Jean Gabriel Pérès, President and CEO of Moevenpick Hotels & Resorts, said: "We are very excited about our arrival in the Philippines. It is a significant milestone for Moevenpick Hotels & Resorts as it marks our 15th signed hotel in Asia."

Manuel Osmeña, Group Chairman of property owner Oikonomos International Resources Corporation said: "We are delighted to have joined hands with Moevenpick Hotels & Resorts, a highly regarded international hotel management company. We look forward to a successful collaboration and tofurther position our resort as a preferred leisure destination within the Philippines and Asia."

Since late 2010 Moevenpick Hotels & Resorts has extended its Asian presence beyond Thailand and Vietnam, with recent developments announced in China, Malaysia, Sri Lanka and India. In addition, this month's soft opening of the Moevenpick Heritage Hotel Sentosa in Singapore is further evidence of the expansion of the Moevenpick Hotels & Resorts portfolio in Asia.

Laura Perez
Moevenpick Hotels & Resorts
Ph: 971-4-367-1927
Fax: 971-4-367-2688

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