Hospitality firm Louvre plans 40 budget hotel in MENA by 2021

Louvre Hotels Group has announced plans to expand its presence in the Middle East and North Africa (MENA) by opening 40 budget and economy hotels over the next five years.

Driving the group’s expansion in the region will be two of its fastest-growing brands – Première Classe and Campanile, said Rami Moukarzel, vice president – Development & Acquisitions, MENA, Louvre Hotels Group.

“The new hotels aim to fill the existing gap in the budget and economy segment,” Moukarzel said.

Louvre Hotels already has a footprint in MENA, managing 60 hotels and more than 8,000 guest rooms. Expansion opportunities have been identified across the GCC, commencing with Saudi Arabia, the UAE and Oman, he added.

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