Mövenpick on track to triple Asian portfolio

Mövenpick Hotels & Resorts is undertaking a major expansion in Asia, with plans to more than triple its regional portfolio from nine to 30 properties by 2020.

Speaking to Travel Daily at ITB Asia on Wednesday, Holger Jakobs, Mövenpick’s vice president of sales & marketing for Asia, revealed that Thailand, Vietnam and Malaysia would account for a large part of this growth, with multiple new hotels either signed or under negotiation in these countries.

“There is a lot of focus on our region,” said Jakobs. “We just signed a triple deal in Thailand, which will take us to seven hotels in the country. These will be quite quick turnarounds.”

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