Mövenpick Hotels & Resorts
 |
|
| Private | |
| Industry | Hospitality, Tourism |
| Founded | Zurich, Switzerland (1973) |
| Founder | Ueli Prager |
| Headquarters | Baar, Switzerland |
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Number of locations
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83 hotels |
|
Area served
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Europe, Africa, Middle East and Asia |
|
Key people
|
Olivier Chavy, CEO |
| Products | Business/Leisure Hotels, Resorts |
| Revenue | CHF978.800 Million (2015) |
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Number of employees
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>16,000 |
| Website | http://www.movenpick.com |
Mövenpick Hotels & Resorts (German pronunciation: [ˈmœːvənˌpɪk]; English /ˈmuːvənˌpɪk/) is a hotel management company headquartered in Baar, Switzerland. It is owned by Mövenpick Holding (66.7%) and the Saudi based Kingdom Group (33.3%). It operates over 80 properties, including hotels, resorts and Nile cruisers, with another 30 resorts planned or under construction across the Middle East and Asia.
The hotel chain serves 5.8 million people per year, and in 2003 was named the “fastest growing hotel chain in the Middle East” by The World Travel Market.
Olivier Chavy took up the position of CEO in September 2016
Mövenpick Hotels & Resorts traces its roots back to the privately owned Mövenpick Group, which was founded by the late Ueli Prager in 1948 when he opened his first restaurant in Zurich. The name was apparently inspired by the feeding action of a gull (in German, a Möwe) and how its simple movements reflected the restaurant’s theme of food served as quickly as possible.
The official launch of Mövenpick Hotels & Resorts was marked by the opening of two hotels at Zurich-Airport and Zurich-Regensdorf. Expansion beyond Europe started in 1976 with the opening in Cairo of the Mövenpick Hotel Jolie Ville. Mövenpick Hotels & Resorts were among the first companies to operate hotels under management contracts, which helped allow rapid growth. Expansion continued through the 1980s into Egypt, with the chain’s first cruise ship (HS Radamis) beginning operations in 1991.
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Wikipedia