The Bench Advises Golden Group Holding on Mövenpick Hotel Muscat
The Bench FZE today announced it advised investment firm Golden Group Holding on its negotiations with Mövenpick for their new Muscat property.
The Mövenpick Hotel Muscat will be located next to the Muscat International Airport and will have 250 guestrooms and 115 serviced apartments. The hotel is part of a OMR60 million, 172 thousand square-foot mixed-use development with offices, apartments and retail outlets.
Pascal Eppink, Managing Director of Golden Group commented “in the process of finalization the management agreements with Mövenpick Hotels & Resorts, we were pleased with the services provided to us by The Bench out of the UAE. We approached them due to their extensive experience in the field of hotel development and hotel management contracts, and they lived up to the expectations to assist us in concluding the agreement smoothly, efficiently and timely”.
The Bench has advised on 12 hotel management agreements in the last 12 months including projects in the Maldives, Montenegro, Morocco, Oman, Serbia, Turkey and the UAE. It was also recently shortlisted for Real Estate Law Firm of the Year by The Oath magazine and received a special mention for being a disruptor in the Middle East legal market.