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Thu 23 Jun 2005 04:00 AM

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Movenpick launches first Middle East residence project

Movenpick Hotels & Resorts (MH&R) has unveiled plans for its first residential project in the Middle East, situated in Doha and scheduled for a 2007 completion.

Movenpick Hotels & Resorts (MH&R) has unveiled plans for its first residential project in the Middle East, situated in Doha and scheduled for a 2007 completion.

The Swiss chain has entered into an agreement with local real estate and construction company the Regency Group to build Movenpick Residence & Suites Doha. “We are very proud to be associated with such a distinguished company,” said Jean Gabriel Pérès, president and CEO of Movenpick Hotels & Resorts.

The 25-storey Movenpick Residence will be situated in the city’s West Bay area, in the heart of the commercial district and 15 minutes from the airport. The majority of the 204 studios and 140 one-bedroom apartments will have kitchenettes, but will also receive 24-hour room service.

The company’s decision to expand into the residential market was based on the current boom in Doha’s hospitality industry, according to Mattmuller. “Movenpick Hotels & Resorts expect economic progress [in the city] to not only continue but accelerate in the long term creating a need for medium term accommodation for middle management and executives on assignment for six months to a year,” he told Hotelier.

“A fully serviced residence, with all the luxuries of a hotel but with the comforts of home, is the perfect solution to satisfy the needs of long-term visitors, as well as bridging the gap in the accommodation options currently available in Doha,” he added.

“The residence market is definitely growing across the Middle East, both in terms of corporate guests and family leisure travellers seeking more space at reasonable rates,” said Mattmuller.

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