Mövenpick Hotels & Resorts has reached a milestone in its worldwide expansion efforts with the initiation of 11 new hotel projects across nine countries, bringing the company’s total number of operating and planned hotels to 100.
The new projects are in Thailand, France, Egypt, Tunisia, Morocco, China, Indonesia, Malaysia and Bangladesh. The upscale hotel company of Swiss heritage now has 69 operating hotels and 31 in development, nine of which will open in 2012.
“We have always believed in growth, but at a sustainable pace,” said Jean Gabriel Pérès, Mövenpick president and chief operating officer. “In every region from Europe and Africa to the Middle East and Asia we have carefully consolidated our developments to maintain a balanced portfolio distribution that ensures decision-making is effective, resources are efficiently utilised and development is sustainable.”
Mövenpick will open a 26-villa boutique-style resort, surrounded by lush tropical gardens, in Samoeng, Chiang Mai, later this year.