Kingdom Hotel Investments acquires Mvenpick Resort & Spa Mauritius

Travel News Asia Friday, 21 April 2006

Last October Mvenpick Hotels & Resorts took over the Voile dOr Resort & Spa on the basis of a management contract with the proprietor company Salt Lake Resorts Ltd. Now Kingdom Hotel Investments (KHI), a leading hotel & resort acquisition and development company and partner in Mvenpick Hotels & Resorts, has acquired the hotel on Mauritius to become the new owners of this first-rate holiday resort in the Indian Ocean. The acquisition has also resulted in a change in the hotels name: the term Voile dOr is to be omitted, and the resort will now be called Mvenpick Resort & Spa Mauritius.

The four-star plus hotel, located in Bel Ombre on the islands south-west coast, has 181 spacious rooms and suites.

Were very pleased that the Mvenpick Resort & Spa Mauritius now complements our portfolio, said Sarmad Zok, CEO of Kingdom Hotel Investments. The acquisition is entirely in keeping with our strategy of investing in hotel projects with a strong growth potential. Mauritius is a key player in the development of tourism in the Indian Ocean, and this hotel is a first-rate establishment in a paradise setting.

See other recent news regarding: Mauritius, Movenpick

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