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with Three New Projects in Egypt and New 4-star Hotel in Beirut |
Stuttgart, January 2000 - Mövenpick Hotels
& Resorts is planning to double its portfolio within three to five
years. President and CEO Jean Gabriel Pérès said �We are
well on the way to achieving our aggressive expansion target of adding
8 to 10 hotels per year in Europe, Middle East and Africa. These projects
are part of our organic growth strategy, which is supported by other acquisition
and merger deals we are currently evaluating�.
In line with this goal, Mövenpick Hotels & Resorts announces three new hotel projects in Egypt. These include a Golf Hotel and a 4 star business hotel near Cairo and a 5 star holiday resort on the Red Sea. This expansion will bring the number of Mövenpick Hotels & Resorts in Egypt to eleven and one Nile cruiser. The international Hotel Group will open two new establishments in the Egyptian capital in 2002. A 5-star hotel in Obour City, a district of Cairo, will have 250 rooms and suites, 4 restaurants, 3 bars and a coffee shop. For fitness and relaxation a lavish spa, tennis courts and a neighbouring 18-hole golf course await guests. This Mövenpick Hotel will place particular emphasis on banqueting and meeting facilities; two conference halls each seating 450 and two rooms, each with capacity 80, as well as an exhibition area of 3,600 m² will be available for all types of events. The adjacent shopping mall and local theatres offer a wide range of leisure choices directly on the doorstep. The second new project in this region is on the edge of Cairo in the "6th of October City". The hotel will be part of the "Media Production City 2" - a site of modern industrial complexes and large corporate facilities. The hotel will feature several speciality and theme restaurants, 2 bars, a patisserie and bakery as well as a pool snack-bar. For fitness and relaxation there will be a swimming pool, a children's pool, 3 tennis courts and a children's club. A multi-purpose conference hall, catering for events with up to 350 people, will complete the facilities offered. On the Red Sea coast, renowned for sun, sea and diving, between Hurghada and Mersa Alam, Mövenpick Hotels & Resorts are simultaneously constructing an exclusive 5-star resort. The Mövenpick Resort Red Sea Sharm, due to open in 2001, is currently being constructed on the "Oriental Coast" of the Red Sea between Safaga and Mersa Alam. Offering all the infra-structure necessary for an ideal conference or holiday in Egypt, it will include 243 rooms and suites, numerous restaurants and bars as well as two interconnecting conference rooms (60 m² each). The most demanding fitness or health connoisseur will be satisfied with the choice of a heated freshwater pool, a sea water pool with whirlpool, a fitness and spa centre, 4 tennis courts with floodlighting and a full programme of sporting activities. There will also be a children's pool, a Snoopy- and an Adventure-Club. New Project in Lebanon Mövenpick Hotels & Resorts which has recently signed new projects in Egypt is adding a further operation to its Middle Eastern portfolio: A new 4-star hotel in Beirut, the capital of Lebanon, which will open by 2001. Strategically located only a few minutes from Beirut city center and catering for both business and leisure travelers, the new project is a beachfront hotel near the famous Raouche Rock. The Mövenpick Hotel Beirut will be a 284 room four-star international hotel, with 69 luxury chalets, numerous cabins, seven speciality restaurants, in- and outdoor fitness facilities, conference and convention space, a 165 boat Marina with an access tunnel, and 50-car surface parking. HRH Prince Alwaleed Bin Talal Bin Abdul Aziz Alsaud, owner of Kingdom
Company which holds a 30% interest in Mövenpick Hotels & Resorts,
has taken complete ownership of the Mövenpick Hotel Beirut by increasing
his 50% existing share of the property to a full 100%.
Mövenpick is one of the largest foreign hotel operator in Jordan and Egypt and has recently signed management contracts in Accra (Ghana), Egypt and Aqaba (Jordan). "Mövenpick is a highly respected throughout Europe and the Middle East, and we will continue to underscore our Swiss brand values of innovation, efficient customer driven hotel management and strong gastronomic expertise" states Jean Gabriel Pérès, President & CEO of Mövenpick Hotels & Resorts. |
Mövenpick Hotels & Resorts, Eva-Maria Panzer, PR Manager Europe Esslinger Strasse 7, D-70771 Leinfelden-Echterdingen, Tel. +49 +711/9493-202, http://www.movenpick-hotels.com [email protected] |
Also See: | HRH Prince Alwaleed and Interests Now the Sole Owner of Fairmont Copley Plaza Hotel / Sept 1999 |
Hostmark Opening First Branded Resort at Taba on the Egyptian Rivera / Oct 1999 |