Home Hotels & Resorts New Hotels Mövenpick Opening 3 New African Hotels in 4 Years

Mövenpick Opening 3 New African Hotels in 4 Years

Mövenpick Hotels & Resorts has announced that over the next four years, it will debut three new properties across Africa.

The African expansion will start in mid-2016 with the opening of the Mövenpick Hotel & Residences Nairobi in Kenya. In 2018, the Mövenpick Hotel Abidjan in Nigeria will open its doors while the following year will mark the opening of the Mövenpick Hotel and Conference Centre Abuja in Cote d’Ivoire.

The upcoming hotel in Kenya will be found within a 15-story building owned by regional real estate developer Golf Course Hotel Ltd. It will include a large revolving tower providing views of downtown Nairobi.

Discussing the expansion, senior vice president Africa for Mövenpick Hotels & Resorts Alan O’Dea said “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. It is therefore crucial we get a strong foothold in this market, which is undergoing a trade and investment boom right now, and our three new properties are well positioned to capitalise on the economic growth projected across both East and West Africa.

“Our new properties are strategically located in Sub-Saharan Africa’s most economically prosperous cities. But this is just the start of our ambitious expansion campaign and we will continue to look for growth opportunities across the region as its rapid transformation takes shape.”

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here