M?venpick Hotels & Resorts will debut in three African markets over the next four years as its plans to establish a presence in key cities across the continent?s thriving Sub-Saharan region come to fruition.
In a move that will take its Africa portfolio to 28 properties, the brand will open three upscale hotels across Kenya in East Africa and Nigeria and Cote d?Ivoire in West Africa between 2016 and early 2019.
The 223-key M?venpick Hotel & Residences Nairobi is scheduled to open in mid-2016 followed by the 212-key M?venpick Hotel Abidjan in early 2018 and the 250-key M?venpick Hotel and Conference Centre Abuja in 2019.
?Sub-Saharan Africa is forecast to be the fastest growing region in the world over the next five years with a projected GDP growth rate of 4.8 percent from 2014 to 2018, according to research by Deloitte,? said Alan O?Dea, senior vice president Africa, M?venpick Hotels & Resorts.
?It is therefore crucial we get a strong foothold in this market, which is undergoing a trade and investment boom right now, and our three new properties are well positioned to capitalise on the economic growth projected across both East and West Africa.?
M?venpick adds three hotels in Africa
