SOUTHEAST ASIA BUILDING14 Dec 2018
Mövenpick Hotels & Resorts signs deal to manage property in Pakistan’s first smart city
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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.

“With this new dynamic development set to become the hub for modern commercial activities and major local and international organisations, our newly-signed upscale property will be well positioned to cater to their needs, from short- to long-term accommodation options, complemented by attractive business and leisure facilities,” explained Andrew Langdon, Global Chief Development Officer, Mövenpick Hotels & Resorts.