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The Hotel Show, 28-30 September 2015, Dubai World Trade Centre

Mövenpick Hotels charts out Gulf boom with 2020 expansion plan

In an effort to strengthen its regional presence, Mövenpick Hotels & Resorts recently announced its intent to ramp up its regional footprint by more than 10 hotels by 2020.

The company, which currently operates 30 hotels and resorts regionally, will increase its portfolio to 40-plus properties over the next five years, focusing on high-growth such as UAE, Saudi Arabia, Qatar and Oman.

Andreas Mattmüller, chief operating officer, Mövenpick Hotels & Resorts, Middle East and Asia said: “Our timing could not be better as the Middle East looks set to embark on an unprecedented growth phase, fuelled by a combination of renewed consumer confidence and increased regional public and private infrastructure investment.”

Tourism to GCC countries is on track to hit the 64.27 million mark by 2020, according to Statista. This compares to nearly 41 m in 2010 and a predicted 53.64 m in 2015.

Saudi Arabia has the lion’s share of the tourism pie, with more than 21 m visitors predicted for 2015, growing to 27.5 m by 2020, driven by an increasing number of pilgrims.

The Kingdom is on Mövenpick’s pipeline priority list with plans to boost numbers from nine to 13 properties by 2017. Two hotels will open this year, one in Riyadh and the other in Jeddah, while Mövenpick’s third property in Al Khobar, the 270-key Mövenpick Residences Al Khobar, will open next year. This will be followed in 2017 with the opening of the 353-room Mövenpick Hotel Financial District Riyadh, located in King Abdullah Financial District, the city’s new vibrant business hub.

“We are currently in negotiations with various owners with a view to adding five more upscale properties in the Kingdom,” revealed Mattmüller.

Expansion in the UAE is also high with recent plans for two more Dubai properties – the 251-key Mövenpick Hotel Dubai Media City and 246-key Mövenpick Hotel Apartments Downtown Dubai – both of which will open in 2017.

Other Middle East markets ripe for the picking, he disclosed, were Abu Dhabi, Ras Al Khaimah, Muscat, Salalah and Doha.

Source: www.traveldailymedia.com - April 30, 2015

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  • The Hotel Show has been very important to Intermetal as we have been participating for the past 15years and we have found there are key decision makers here. We’re happy to be part of the growth especially with the Expo 2020 & the Qatar 2022 World Cup and feel that this event is the perfect venue to present our furniture.

    Cathy Di Savino
    Marketing Manager, Intermetal Limited
  • I’m so happy to be at The Hotel Show and I feel that people are interested in our products because it’s a very high end finish and we are looking forward to showcasing more of our products.

    Hassan Janahi
    Executive Director, Classy Interiors
  • This has been an excellent show for us and we had good feedback from the customers. It has given us the right boost and right target clients. We are also involved in a couple of sponsorships like the banners and “You are here boards”.  The Hotel Show team has been very helpful.

    Inam Haider
    Marketing Manager, Guestotel
  • We have exhibited for the past 4 years and we think the market is promising that’s why we are here to exhibit our services.

    Jama Shasha’a
    Chairman & CEO, Artline Interiors
  • In the hotel show, we usually meet hotel investors, hotel operators and developers. In the past 6years we’ve met a high caliber of people, the quality of customers we meet here is very high and we are very pleased with this.

    Michael Lotfy
    Head of Building Automation India & MEA, ABB
  • This is a great show for us as we’ve had lots of appointments and lots of success at the show. We came across the whole main hospitality operators in Dubai and Middle East areas and we are in process with several projects.

    Olivier Charles
    Director, Edition Bougainville
  • It has been a very nice event, a very good experience that we are enjoying. We have met so many hotels and clients that we were never able to meet before. So this gave us chance to interact, build awareness around our products and what we are here for.

    Shadi Bahour
    General Manager, Canon Emirates