Mövenpick Hotels step up African expansion

In a recent announcement, Mövenpick Hotels & Resorts will debut in three new African markets over next four years. This is part of a plans to establish a presence in key cities in the Sub-Saharan region.

This new announcement will take its Africa portfolio to 28 properties. The Group will open three upscale hotels across Kenya in East Africa and Nigeria and Cote d’Ivoire in West Africa, between 2016 and early 2019.

The expansion trail will commence with opening of the 223-key Mövenpick Hotel & Residences Nairobi in mid-2016, followed by the 212-key Mövenpick Hotel Abidjan in early 2018, rounding off with the 250-key Mövenpick Hotel and Conference Centre Abuja in 2019.

“Sub-Saharan Africa is forecast to be the fastest growing region in the world over the next five years with a projected GDP growth rate of 4.8% from 2014 to 2018, according to research by Deloitte,” said Alan O’Dea, senior vice president Africa, Mövenpick Hotels & Resorts.

He further added: “It is therefore crucial we get a strong foothold in this market, which is undergoing a trade and investment boom right now. Our three new properties are well positioned to capitalise on the economic growth.”

Mövenpick Hotel & Residences Nairobi is a 15-storey property owned by Golf Course Hotel (K) Ltd and will features a revolving tower plus dining, leisure and meetings facilities. Mövenpick Hotel Abidjan is a joint venture between land owner Société Abidjanese de Promotion Industrielles et Immobilières (SAPRIM) and Bouygues Batiment International.

Mövenpick Hotel and Conference Centre Abuja is owned by Queen Amina Garden Ventures Ltd in conjunction with Occel Engineering Ltd. The property will offer five food and beverage outlets, conference centre and spa and fitness facilities.

Mövenpick Hotels & Resorts’ African portfolio currently comprises 23 hotels, resorts, and cruise ships spanning five countries including Egypt, Tunisia, Morocco, and Ghana.