Switzerland -headquartered Movenpick Hotels & Resorts has signed a deal with Smart Properties , an affiliate of Movenpick Hotel & Residences Capital , to operate a hotel in Pakistan 's second smart city. Movenpick Hotel & Residences Capital Smart City , Islamabad , is set to open in next year . Like Loading... The move expands Luis Fernandez-Reyes 's portfolio in the country to four sites, comprising the operational Hotel Karachi , the Centaurus Islamabad , set to open next year , and Future Development Holdings , scheduled for completion in 2021 .
Switzerland -headquartered Movenpick Hotels & Resorts has signed a deal with Smart Properties , an affiliate of Movenpick Hotel & Residences Capital , to operate a hotel in Pakistan 's second smart city. Movenpick Hotel & Residences Capital Smart City , Islamabad , is set to open in next year . The move expands Luis Fernandez-Reyes 's portfolio in the country to four sites, comprising the operational Hotel Karachi , the Centaurus Islamabad , set to open next year , and Future Development Holdings , scheduled for completion in 2021 .