Following a deal with chairman, South Group Corporation, Akeel Ibraheem Al-Khalidy, Mövenpick Hotels & Resorts will be launching a new hotel in Basra, Iraq, in Q1 of this year.
The five-star property, which will stand in Iraq’s economic capital and a regional oil and gas hub, will be home to 152 rooms; an all-day dining outlet and one specialty restaurant; an executive lounge and a lobby lounge; a meetings and events area inclusive of a 700m2 ballroom, a multi-functional hall and a meeting room; an indoor swimming pool, gym, spa, and beauty salon; and a retail area.
Filling a gap in the market, the luxurious Mövenpick Hotel Basra will target corporate guests, investors and local companies operating in Basra. The property stands in the centre of the city, within the commercial district of Al Baradi’yah, and is 25km west of Basra International Airport.
President and CEO, Mövenpick Hotels & Resorts, Olivier Chavy enthused on the development: “Basra is one of the Middle East’s fastest-growing economic centres, a major oil producer and is undergoing rapid infrastructure development, so the time is right for Mövenpick to cement its presence in this flourishing city.
“Our upcoming property will cater to pent-up demand from the corporate sector, which contributes around 90 per cent of hotel demand in Basra due to the high volume of oil and gas and shipping companies based in this booming region of Iraq,” he added.
Meanwhile, Al-Khalidy of South Group Corporation declared: “With tens of thousands of foreign workers and businessmen travelling in and out of Basra every day, and thousands more based in the city, Mövenpick Hotel Basra will be well placed to provide them with high-quality business, dining and leisure facilities and accommodation that set new hospitality standards in this thriving area of Iraq.”