Mövenpick Hands Over Only Italian Operation

18th April 2008 (Last Updated April 18th, 2008 09:14)

Mövenpick Hotels & Resorts has handed over control of the Central Park Hotel in Rome to its owner Immobiliare Residenziale Pineta Sacchetti. The Swiss-based company had managed the hotel since November 2001 – its only operation in Italy. Mövenpick cited "strategic reason

Mövenpick Hotels & Resorts has handed over control of the Central Park Hotel in Rome to its owner Immobiliare Residenziale Pineta Sacchetti.

The Swiss-based company had managed the hotel since November 2001 – its only operation in Italy.

Mövenpick cited “strategic reasons” as being behind the decision by the owner, but said it would be looking for other opportunities in Italy.

By staff writer