
Moscow Bank announced the successful sale of the Mövenpick hotel in Jumeirah Beach Residence in Dubai. The bank managed this hotel and decided to sell it. Neither the representatives of the buyer nor the cost of the deal are being disclosed.
"We are very pleased to successfully complete this transaction and hand over the hotel to the new owner," said the bank's representative. "With gratitude, we recall our partnership, and we are confident that the new owner will take care of the management of this hotel with the same attention and dedication as we did."
The Mövenpick hotel in Jumeirah Beach Residence is a popular destination for tourists and travelers due to its location, service, and amenities.