Switzerland-based Mövenpick Hotels & Resorts has signed a lease agreement with German real estate asset manager Deka Immobilien for the Mövenpick Hotel The Hague in the Netherlands.
The 72-room hotel is scheduled to open in 2019 and will be the group’s second hotel in The Hague and its fourth in the Netherlands overall.
Additionally, Deka Immobilien has renewed the existing lease for the 408-room Mövenpick Hotel Amsterdam City Centre for more than 30 years.
“Securing a lease for the Mövenpick Hotel The Hague not only bolsters our European expansion plans, but marks the first time we have signed a new hotel and renewed a lease for an existing hotel simultaneously,” said Olivier Chavy, Mövenpick’s president and chief executive officer.
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