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Mövenpick Signs Dubai Management Contract

Mövenpick Hotels & Resorts (MH&R), the international
Swiss based chain has announced to manage the Möven-pick
Dubai Pearl Hotel in the United Arab Emirates. The new
450-room hotel is currently in the final planning stage with
an estimated construction cost of 82$million. The new hotel
is due to open in 2005.
On 28 October, a partnership was forged when Saudi Prince Al
Waleed Bin Talal Bin Abdulaziz, Chairman of Kingdom Hotel Invest-ment
Group (KHI) and holding 30 percent of the shares of MH&R and
Jamal Abu Issa, Chairman of Omnix Group signed agreements to in-vest
$19 million in the property.
Mövenpick Dubai Pearl Hotel is ideally located for the business travel-ler
within the Media City Free Trade Zone (TECOM) where it is
planned to introduce a new class of quality and technology in a smart
hotel. The area comprises the Dubai Internet City, Dubai Ideas Oasis
and Dubai Media City, enterprises that have put the Emirate on the
global map of the IT industry and E - business. The hotel will reflect the
technology bias of its location.
This property will also enjoy a spectacular setting at the foot of Palm
Island, the revolutionary multi-billion dollar project to create two is-lands
in the shape of palm trees, which on completion will be the
world`s largest man-made islands.
Mövenpick Dubai Pearl Hotel, offering spectacular sea views and tar-getting
international business traveller, will offer spacious state-of-the-art
guestrooms, a variety of luxurious suites and apartments all equipped with very latest modern conveniences for a trouble free and
memorable stay. Over 2,000 square metres of fully equipped confer-ence
space will satisfy even the most discerning meeting planner. A
3,000 square metre spa under professional international management
and recreational and leisure facilities such as indoor and outdoor swim-ming
pools, squash-, volleyball and tennis courts, hotel shops and a
nightclub will provide entertainment and relaxation. Building on its
reputation for excellence in true Swiss hospitality, the Mövenpick Du-bai
Pearl Hotel will offer seven dining and entertainment venues with a
wide range of culinary delights in settings to suit every need.
Andreas Mattmueller, Senior Vice President for Mövenpick Hotels &
Resorts in the Middle East said “Being represented in Egypt, Jordan,
Lebanon, Morocco, Qatar, Saudi Arabia and Tunisia, Mövenpick rec-ognises
that Dubai is a valuable addition to its portfolio, as the Emirate
has become one of the world`s premier tourist and business destina-tions.
Located at the crossroads of the Middle East, Africa and South
Asia, the region`s sunny weather, vast stretches of beaches and moun-tains,
as well as its modern cities make it ideal for all sectors of the
travel industry”.
``Following Mövenpick`s latest hotel developments in Rome, Beirut,
Madinah, Jeddah and Doha, and the scheduled new openings in Is-tanbul,
Berlin, Bahrain, Taba and El Alamein in 2003, Dubai comes as
an important new milestone in the successful growth of Mövenpick Ho-tels
& Resorts. This landmark hotel further reinforces Mövenpick`s repu-tation
as one of the leading upscale hotel operators in the Middle
East”, added Jean Gabriel Pérès, President and CEO of the Swiss
based international hotel chain.
Mövenpick Hotels & Resorts is currently represented with 45 hotels in 12 countries
and focuses on two hotel types, the business and conference hotel and the holiday
resort. Whilst the business hotels are located near the city centre or the airport and
offer an optimum infrastructure for the business traveller, the holiday resorts are situ-ated
in outstanding destinations. The hotel group is represented in Germany, Switzer-land,
the Netherlands, Italy, the Czech Republic, Jordan, Egypt, Morocco, Tunisia,
Lebanon, Saudi-Arabia and Qatar.