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Moevenpick loses its only Italian hotel.
Wednesday, 16th April 2008
Source : Mövenpick Hotels & Resorts
The Central Park Hotel in Rome is no longer part of the Mövenpick Hotels & Resorts` portfolio, and under its management.

The management contract between the owner company I.R.P.S. (Immobiliare Residenziale Pineta Sacchetti s.r.l.) and the international hotel chain based in Switzerland was terminated by mutual agreement on 1 April 2008.

The 4-star hotel with 162 rooms and suites, restaurants and banqueting facilities was part of Mövenpick Hotels & Resorts since November 2001 and was the Swiss Hotel Group's only operation in Italy.

"We can look back on a pleasant association with I.R.P.S.", says Jean Gabriel Pérès, President & CEO of Mövenpick Hotels & Resorts.

"We regret that strategic reasons have now brought the partnership to an end. Rome and Italy, however, are still part of our development plans."

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