A buffet laid out at the Movenpick Hotel in Nairobi- AccorHotels has acquired Mövenpick resorts. FILE PHOTO | NMG
Global hospitality group AccorHotels has increased the number of
its properties in the country and globally following its acquisition of
Mövenpick Hotels and Resorts for Sh56.7 billion ($567 million)
This
will see the new Mövenpick Nairobi Hotel fall under the AccorHotels
umbrella alongside Fairmont the Norfolk, Fairmont Mara Safari Club and
Fairmount Mount Kenya Safari Club, Ibis and Pullman which is set to open
later in the year.
French conglomerate AccorHotels
announced the deal as it accelerated growth in emerging markets with a
focus on Africa, Middle East and Asia-Pacific.
“With the acquisition of Mövenpick, we are consolidating our
leadership in the European market and are further accelerating our
growth in emerging markets, in particular in Middle East, Africa and
Asia-Pacific,” Sébastien Bazin, chairman and CEO of AccorHotels said in a
statement.
Mövenpick Hotels & Resorts is operating
in 27 countries with 84 hotels, approximately 20,000 rooms and a
particularly strong presence in Europe and the Middle East.
It opened its first property in Nairobi last month featuring a rooftop revolving restaurant.
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