Netherlands: Mövenpick set to build presence in the country
Mövenpick Hotels & Resorts has signed a lease agreement with German real estate asset managers, Deka Immobilien, to operate a property in The Hague.
The deal marks another step in the brand’s expansion in the Netherlands. Mövenpick recently secured a lease extension for Mövenpick Hotel Amsterdam City Centre.
The 72-room Mövenpick Hotel The Hague will also mark a new phase for the Swiss hospitality firm as it looks to grow its interior design strategy with concepts that appeal to modern travellers.
Olivier Chavy, President & CEO, Mövenpick Hotels & Resorts said: “Securing a lease for the Mövenpick Hotel The Hague not only bolsters our European expansion plans, but marks the first time we have signed a new hotel and renewed a lease for an existing hotel simultaneous. This pioneering deal structure demonstrates our strong relationship with Deka Immobilien and our commitment to maintaining and growing our assets in strategically-critical locations, not only in Europe, but globally.”
The design will take influences from Dutch contemporary culture and art. The new Mövenpick Coffee & Wine Lounge concept will be unveiled at this property, while various hotel features include an all-day dining brasserie, a gym and three meeting rooms, all designed to appeal to modern travellers.
Andrew Langdon, Chief Development Officer, Mövenpick Hotels & Resorts said: “We are strengthening our cluster of properties in The Netherlands as part of our ambitious European growth strategy. Our willingness to operate hotels under lease agreements in Europe is presenting us with significant expansion opportunities, particularly as investors welcome this type of investment model, and we are confident of achieving our development goals going forward.”
Mövenpick Hotels & Resorts currently operates 20 properties in four European countries. Mövenpick Hotel The Hague is set to open in 2019.