Mövenpick adds third hotel to Oman portfolio

Mövenpick Hotels & Resorts’ Oman expansion strategy is gathering pace: The company has announced plans to operate its third property in the Sultanate’s capital, Muscat.

Mövenpick has inked an agreement with Oman’s Golden Group of Companies to manage the 370-guestroom Mövenpick Hotel Muscat Airport, part of a new upscale mixed-use project under development near Muscat International Airport slated to open in 2021.

It expands Mövenpick’s inventory pipeline to almost 1,000 guestrooms countrywide after deals to operate Mövenpick Hotel & Apartments Al Azaiba Muscat and Mövenpick Hotel Bausher Muscat were recently signed.

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The three properties will capitalize on Oman’s growing importance as a regional hub for business and leisure tourism, spurred by the development of new infrastructure that ranges from conference centers to cruise terminals. At the same time, Muscat International Airport is undergoing extensive renovations and expansion that will boost its annual capacity from 12 million to 48 million passengers when the redevelopment project is fully completed.

“Adding a third property to our Muscat portfolio cements our position as a prominent hotel operator in the Sultanate’s capital and supports our cluster strategy for the city, with each hotel offering a unique product, design and location to target different guest demographics,” Andrew Langdon, CDO of Mövenpick Hotels & Resorts, said in a statement. “Mövenpick Hotel Muscat Airport is just minutes from one of the Gulf region’s most active airports and as Muscat International and its home carrier, Oman Air, continue to witness strong growth, bringing millions of visitors to Muscat each year, the property is well placed to meet this demand with a convenient and high-quality hospitality offering.”

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The company expects to open more than 30 new Comfort properties in the market by 2033 via its existing franchising agreement with Choice Hotels Japan.

While consolidated revenue for the quarter was up 10.9 percent as reported, it was up 4.1 percent on a like-for-like basis compared to Q3 2018.

Sam Schwartz has spent more than four years with First Hospitality, including most recently as a general manager.