Mövenpick Hotels & Resorts taps into Iraq’s hotel market potential as Basra property deal signed for 2018 – Basra hotel to open in early 2018
Basra, Iraq – 8 January 2018 –
Mövenpick Hotels & Resorts will open a new property in Basra early this year as it looks to capitalise on the city’s status as Iraq’s economic capital and a regional oil and gas hub.
The global hospitality firm has signed a deal with Mr. Akeel Ibraheem Al-Khalidy to manage the five-star Mövenpick Hotel Basra, a 152-key property that is on track to open its doors in the first quarter of 2018.
Strategically 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 fill a gap in the market for upscale hotels.
Mövenpick Hotel Basra will feature high-quality rooms and suites, dining venues and facilities that target corporate guests, investors and local companies operating in Basra, which include some of the world’s largest multinational energy firms.
Amenities will include one all-day dining and one specialty restaurant; an executive lounge and a lobby lounge; a meetings and events area featuring a 700-square metre ballroom, multi-functional hall and meeting room; an indoor swimming pool, gym, spa, and beauty salon; and a retail area.