MOVENPICK Hotels and Resorts has added a new four-star hotel in Beirut to its portfolio.
HRH Prince Alwaleed Bin Talal Bin Abdul Aziz Alsaud, owner of Kingdom Company which holds a 30% interest in Movenpick, has taken complete ownership of the Movenpick Hotel Beirut by increasing his 50% existing share of the property to a full 100% ownership. The 284-room hotel is located in the centre of Lebanon’s capital city.