As of 2010, Movenpick Hotels & Resorts will be represented in Libya as well. A management contract was recently signed with the owning company, the Bank of Commerce and Development, Libya’s oldest and largest privately held bank, for an urban resort hotel with over 500 units in Tripoli.
Movenpick Hotel Diar Assalam will be situated in the most upmarket residential district of Tripoli as part of a multipurpose development which has planned features including a commercial centre and a yacht club.
“It is an honour for us to cooperate with one of the leading hotel chains in the Middle East”, says Jamal T Abdulmalek, chairman of the board of management of the Bank of Commerce and Development. “We are confident that Movenpick Hotels & Resorts will be very successful in Libya as well.”
Situated directly on the waterfront, the upscale resort offers 320 rooms and suites, nine villas as well as 213 serviced apartments. Among these are several restaurants and bars, a conference hall accommodating 400 delegates as well as a spa complex.
“Libya has been high up on our wish list of countries we would like to expand into, and we are very pleased that thanks to our association with the Bank of Commerce & Development we are now able to open our first Movenpick hotel in the capital,” said Jean Gabriel Pérès, president and CEO Movenpick Hotels & Resorts. “Our aim is to realise additional projects in Libya with the same owner in the near future.”
TTN is the most established trade publication in the Middle East distributed on a controlled circulation basis to members of the travel and tourism industry.
Published monthly by Al Hilal Publishing and Marketing Group, the region’s foremost trade publisher, TTN is aimed at professionals in the industry, from travel agents to airline and hotel personnel.
TTN provides in-depth and extensive coverage of relevant issues in the Middle East and North Africa as well as in other parts of the world. Travel related news, analysis, and new appointments together with information on up-coming exhibitions, marketing and promotional campaigns are presented in an innovative and striking colour tabloid.
Every issue also contains a collation of international and regional news and topical features of interest to readers.