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Mövenpick has signed a deal to manage a five-star, 152-key
hotel in Basra, Iraq’s economic capital and a regional oil and
gas hub.
The Mövenpick Hotel Basra is scheduled to open in the first quarter of 2018.
Located in the center of Basra, within the commercial district of
Al Baradi'yah and 25km west of Basra International Airport, the
new property will help to fill a gap in the market for upscale hotels.
“Basra is one of the Middle East’s fastest-growing economic
centres, a major oil producer and is undergoing rapid
infrastructure development, so the time is right for Mövenpick to
cement its presence in this flourishing city,” said Olivier Chavy, President & CEO, Mövenpick Hotels & Resorts. “Our
upcoming property will cater to pent-up demand from the corporate
sector, which contributes around 90% of hotel demand in Basra due
to the high volume of oil and gas and shipping companies based in
this booming region of Iraq.”
Amenities at the Mövenpick Hotel Basra will
include
one all-day dining and one specialty restaurant; an executive
lounge and a lobby lounge; a meetings and events area featuring a
700-square metre ballroom, multi-functional hall and meeting room;
an indoor swimming pool, gym, spa, and beauty salon; and a retail
area.
Mr. Akeel Ibraheem Al-Khalidy, Chairman of the South
Group Corporation and Chairman of the Committee on Economic
Development and Investment, part of Basra Council, said, “With
tens of thousands of foreign workers and businessmen travelling in
and out of Basra every day and thousands more based in the city,
Mövenpick Hotel Basra will be well placed to provide them with
high-quality business, dining and leisure facilities and
accommodation that set new hospitality standards in this thriving
area of Iraq.”
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