Committed to Sustainability: Mövenpick Hotels & Resorts and Green Globe Announce Ambitious Partnership

ZURICH, November 10, 2010 - Mövenpick Hotels & Resorts is to Become one of the Largest Hotel Groups
to Commit to Green Globe Certification for all Properties Worldwide. With the
new Partnership the Swiss Hotel Company Underpins its Ambition to set an
Example for the Industry. The Strategy is Part of a Company-wide Programme to
Establish a Common and Global Approach to Environmental, Employer and Social
Sustainability.

Mövenpick Hotels & Resorts is aiming to set a new benchmark
for sustainability by committing to a certification partnership with the
internationally acclaimed Green Globe. The aim is inspiring: to certify 20
per cent of operating Mövenpick hotels, resorts and cruises by the end of
2011 as well as all properties of the company over the following 24 months.
In cooperation with Green Globe, clear and measurable objectives for
environmental sustainability are set.

Environmental awareness is nothing new to Mövenpick Hotels &
Resorts. With Swiss heritage and values at its heart, the company celebrates
practices that demonstrate environmental responsibility. So far, several
properties of the hotel group have been awarded for their commitment to
sustainability with local and global prizes.

"Now more than ever, we believe it is time to not only
increase awareness with regards to sustainability in Mövenpick Hotels &
Resorts and share best practice, but also to more effectively measure our
progress towards a sustainable future", declares Jean Gabriel Pérès,
President & CEO of Mövenpick Hotels & Resorts.

For further information, please visit
www.moevenpick-hotels.com/en/pub/service/media_lounge/news.cfm

About Green Globe

The origins of the Green Globe organisation can be traced back
to the United Nations Rio de Janeiro Earth Summit in 1992, where 182 heads of
state from around the world endorsed the Agenda 21 principles of sustainable
development. Two years later, the Green Globe membership was established. The
Green Globe brand represents the best in sustainable practice within the
travel and tourism sector and provides certification, training and marketing
services in 83 countries. For information visit www.greenglobe.com

About Mövenpick Hotels & Resorts

Mövenpick Hotels & Resorts, an upscale hotel management
company with over 12,000 employees, is represented through over 90 hotels
existing or under construction in 27 countries with a concentration on its
core markets in Europe, Africa, the Middle East and Asia. The hotel group is
owned by Mövenpick Holding (66.7%) and the Kingdom Group (33.3%).

Kersrin Lehnert, kerstin.lehnert@moevenpick.com

Kersrin Lehnert, +41(4)4 828-41-48, kerstin.lehnert at moevenpick.com