Mövenpick Hotels & Resorts is to manage a new hotel in the heart of Pakistan’s first smart city, growing its portfolio in the country to four properties strong.
The hospitality firm has signed an agreement with Smart Properties, an affiliate of one of Pakistan’s leading real estate developers, Future Development Holdings (FDH), to operate Mövenpick Hotel & Residences Capital Smart City, Islamabad, which is expected to open in 2023.
Islamabad Capital Smart City is a mixed-used mega development featuring residential, retail, commercial, entertainment and hospitality components that’s just five minutes by car from Islamabad’s new international airport and located on the main road connecting Pakistan’s capital with its second most populous city, Lahore, home to almost 12 million people.
Mövenpick Hotel & Residences Capital Smart City, Islamabad, the hotel group’s second property planned for the city, will feature 250 hotel rooms and 150 serviced apartments, four dining venues, meeting facilities, a fitness centre and two swimming pools.
Mövenpick currently operates Mövenpick Hotel Karachi and has two more hotels in active development in Pakistan. They include Mövenpick Hotel Centaurus Islamabad, set to open in 2019, and Mövenpick Hotel & Apartments Lahore, mooted for completion in 2021.