GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate and Retail

 
  Share

Hospitality firm secures its third project in the country in just two years as agreement to manage Mövenpick Hotel & Apartments Lahore is finalised

Dubai, United Arab Emirates, 19 April 2017 – Mövenpick Hotels & Resorts has expanded its footprint in Pakistan after finalising an agreement to operate its third property in the country. The Swiss hospitality firm has signed a deal with the Orient Group of Companies to manage the 310-key Mövenpick Hotel & Apartments Lahore, part of a new mixed-used development the government has earmarked as the city's new commercial hub.

Set to be one of the tallest buildings in Pakistan when it opens in 2021, the property will be the focal point of the high-profile Finance and Trade Centre project in Johar Town, an up-and-coming district earmarked for significant development.

The hotel will also be close to the Lahore International Expo Centre, the Bank Square financial precinct and several corporate and government offices, as well as new and upcoming theme parks and shopping malls.

“Mövenpick Hotel & Apartments Lahore will be perfectly positioned to capitalise on the significant resident and visiting population this new commercial hub will attract,” said Mian Ahmad Fazal, Executive Director of Orient Group of Companies.

“We are pleased to be able to support the government's ambitions for infrastructure development and look forward to Mövenpick Hotels & Resorts setting new hospitality standards in Lahore, as it has in other key cities across the region.”

Known as the ‘city of gardens', Lahore is the Punjab province's capital and its commercial and banking centre.

The Finance and Trade Centre development, which aims to grow the city's prominence as a regional financial hub, comes as Pakistan ploughs significant investment into developments designed to transform the country's economic landscape.

Located at the heart of this new project, Mövenpick Hotel & Apartments Lahore will feature 260 rooms and 50 serviced apartments; five restaurants and lounges; 1,500 square metres of meeting and event space, including a large ballroom; a 700-square-metre spa and fitness area; and a kids' club and business centre.

Mövenpick already operates the 407-room Mövenpick Hotel Karachi and is scheduled to open the 361-key Mövenpick Hotel Centaurus Islamabad in 2018.

“Signing our third property in Pakistan marks yet another milestone in our expansion strategy, which focuses on operating properties in key gateway cities across the Middle East and Asia regions,” said Andrew Langdon, Chief Development Officer, Mövenpick Hotels & Resorts.

“Pakistan is undergoing rapid development and we are actively seeking opportunities to further expand our footprint in a country that offers strong growth potential.”



Posted by : GoDubai Editorial Team
Viewed 69577 times
Posted on : Wednesday, April 19, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : HMH Appoints a New CEO
Next Story : H.H. Sheikh Ahmed lays foundation stone of Silicon Mall at Dubai Silicon Oasis
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Reverse the effects of hair fall with Crescina Re-Growth HFSC Shampoo
Achieve whiter teeth at home with Spotlight Teeth White Strips
Noble™ Anti-aging Skin Care Products
Golden Bridge Rectangle Diamonds Celebrates The Virtuosity Of Art Deco Design Genius
Skyline Conducted Women of Substance: A Panel Discussion on Women Empowerment
UAE National Day celebrated in Skyline Carnival 2017
Mido's Multifort Escape - An uncompromising timepiece for exploring new horizons
Mohammed bin Rashid Launches UAE Astronaut Programme
Calvin Klein Presents Steadfast Collection
SUC conducted Tour Guide Training Program for SCTDA
SUC signed MOU with Waldorf Astoria Ras Al Khaimah
Eberhard & Co. celebrates 130th Anniversary with special commemorative Edition C...
British Orchard Nursery wins the BIZZ Award for the 2nd year in a row
NIVEA MEN and Real Madrid Extend Partnership Globally Covering 70+ Countries
Gift gorgeous skin this festive season.
Sthan, bringing you authentic Frontier food from beyond borders, is now open in Dubai
Celebrate the Festive Season With the Galleria on Al Maryah Island in Abu Dhabi
RUNWAY DUBAI creates a new buzz campaign for fashion tourism
Dubai Land Department Launches its Smart Archiving System
Time for Some AIGNER Love
Feast your way into the festive season at The Coffee Club
Coach Women's Lex Stainless Steel Bracelet Watch Collection
Bovet Presents Brilliant Is Beautiful Gala Benefitting Artists for Peace and Ju...
Robinsons National Day Trunk Show
‘Artistry' - Branded Jewellery show at Malabar Gold & Diamonds' outlet in Meena ...
Svelte BU4108-11H dress watch in black and rose gold plating makes an impact
Together for Egyptian Cinema: A Million happy viewers
Gourmet Gifting at Tub of Butter
Hottest Smartphone ever! Go get a true luxury phone from HUAWEI
Over 200 developers across India participate in CREDAI's Indian Property Show
Globally-Renowned Modest Fashion Week Debuts in Dubai This December
More Than 6,000 Bears Donated to Toys With Wings & Emirates Red Crescent for Nov...
Unilever's Lipton Jebel Ali Tea Factory First in MENA to Achieve Bronze World Cl...
BOSS watches presents Navigator Collection
Ghantoot present 17th Emirates Open Polo Championship International
Lg V30+ Launches in the Uae and Makes Its Way Into Customers' Pockets and Lives
Dubai Customs reaffirms efforts to combat counterfeit goods with Japanese partners
Epson to showcases the future of large laser display technology at InfoComm MEA 2017
Awqaf and Minors Affairs Foundation, Family Village Celebrate 46th UAE National Day
Absolutely Rejuvenated Skin to Start the New Year
Automechanika Riyadh turns focus on exciting growth potential of Saudi automotiv...
The First “Dilmah Silver Jubilee Gourmet” in a Middle East Hotel Opens in Pullma...
The Verses of Peace Exhibition begins at the Abu Dhabi World Trade Centre
Green Hope on Former US Vice President Al Gore's 24 Hours of Climate Reality telecast
China Homelife 2017 Strengthens Sourcing Opportunities with Higher Exhibitor Par...
The du Youth Council Holds a Volunteering Day at Al Ain Zoo with People of Deter...
Strong Airline Profitability Continues in 2018
Phumzile: UN Women uses rigorous methods to monitor and evaluate its programmes
Saxo Bank 2018 Outrageous Predictions: 2018 will be a true roller coaster ride c...
Indian realty in revival mode, says industry expert