FX Excursions

FX Excursions offers the chance for once-in-a-lifetime experiences in destinations around the world.

Movenpick Expands African Portfolio With New Sub-Saharan Properties

Oct 8, 2015
Daily

Movenpick Hotels & Resorts strengthens its presence in both East and West Africa with the signing of new upscale hotels in Kenya, Nigeria and Cote d’Ivoire. The Swiss hospitality brand plans to establish a presence in these key cities between 2016 and 2019.

The expansion trail will commence with the opening of the 223-key Movenpick Hotel & Residences Nairobi in mid-2016, followed by the 212-key Movenpick Hotel Abidjan in early 2018, rounding off with the 250-key Movenpick Hotel and Conference Centre Abuja in 2019.

“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 percent from 2014 to 2018, according to research by Deloitte,” said Alan O’Dea, senior vice president, Africa, Movenpick Hotels & Resorts. “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 capitalize on the economic growth projected across both East and West Africa.”

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