Movenpick signs hotel in Basra, Iraq for Q1 2018 opening
Mövenpick Hotels & Resorts has signed an agreement to manage the 152-key Mövenpick Hotel Basra, which is scheduled to open in Q1 2018.
The deal was signed with Akeel Ibraheem Al-Khalidy, chairman of the South Group Corporation.
Located in the center of Basra, within the commercial district of Al Baradi'yah and 25km west of Basra International Airport, the new property will offer: one all-day dining and one speciality restaurant; an executive lounge and a lobby lounge; a meetings and events area featuring a 700m2 ballroom, multi-functional hall and meeting room; an indoor swimming pool, gym, spa, and beauty salon; and a retail area.
Mövenpick Hotels & Resorts president & CEO Olivier Chavy said in a statement: "Our upcoming property will cater to pent-up demand from the corporate sector, which contributes around 90% of hotel demand in Basra due to the high volume of oil and gas and shipping companies based in this booming region of Iraq."