gathering and reusing part-used bottles of shampoo , or running clothes collections for local charities , Chavy is adamant that 100 % of Mövenpick hotels should and will be gold-certified in the near future .
125 ——— BY ———
2020
MÖVENPICK ’ S HOTEL AND RESORT PORTFOILIO TARGET
125 BY 2020 Indeed , half of the new hotels opened by the company last year are already up to Green Globe ’ s gold standard , and several more openings are planned for 2018 and beyond . At the turn of the year , Mövenpick had 83 hotels on its books , and Chavy plans to open at least 14 more throughout the year , with another 40 agreements already sitting in a construction pipeline . The company ’ s target of a 125-strong portfolio by 2020 appears to be well on track .
Last year , the CEO eagerly discussed the company ’ s then recent unveiling of a vertical resort in Sri Lanka ’ s capital Colombo , which Chavy described as the city ’ s first relevant hotel opening for 25 years . So , how has the first year of operation been ? “ When you open a hotel it ’ s what we call a rampart , the period of time before it reaches a stabilised year , which is generally after two or three years . But year one
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