Mövenpick Signs Hotel in Basra, Iraq
Mövenpick has signed a deal to manage a five-star, 152-key hotel in Basra, Iraq"s economic capital and a regional oil and gas hub. The Mövenpick Hotel Basra is scheduled to open in the first quarter of 2018. Located in the center of Basra, within the commercial district of Al Baradi'yah and 25km west of Basra International Airport, the new property will help to fill a gap in the market for upscale hotels.