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In keeping with its expansion objectives Movenpick Hotels & Resorts (MH&R) is now also breaking into the Indian market. A management contract for a Business Hotel in Bangalore has just been signed with the…
In keeping with its expansion objectives Movenpick Hotels & Resorts (MH&R) is now also breaking into the Indian market. A management contract for a Business Hotel in Bangalore has just been signed with the owning company MS Ramaiah Hotels, a member of the MS Ramaiah Group. The 5-star hotel is scheduled to open in 2008.
The new development is ideally located in a prime business and residential district of Bangalore, only 30 minutes from the new international airport, which will also be inaugurated in 2008.
Movenpick Hotels & Resorts is very well established in Europe, Africa and the Middle East and enjoys an outstanding reputation, says Kodandaram Ramaiah, Director of the MS Ramaiah Hotels. We’re convinced that the philosophy of genuine Swiss hospitality will also be enthusiastically embraced in India.
The fact that Bangalore has a strong demand for hotels of this standard makes us extremely confident, explains Jean Gabriel Peres, President & CEO Movenpick Hotels & Resorts. We’re delighted to have found a strong partner in the MS Ramaiah Group to enable to take this first step into the Indian market. We expect to be able to announce further projects soon, aimed at establishing our brand on a broader base in India.
