Swiss chain Mövenpick Hotels & Resorts has secured a management agreement to operate a 180-room property in Sri Lanka, which is expected to open by mid 2013.

The upscale Mövenpick Hotel Colombo is located next to Liberty Plaza in the heart of the city, and is surrounded by commercial businesses, high-end residences and prestigious restaurants according to a company release.

The 19-floor hotel's room sizes vary from 36sqm for standard rooms to 70sqm for a suite. It features one speciality restaurant, an all-day dining venue, rooftop bar and nightclub. Mövenpick Hotels & Resorts chief operating officer for Middle East & Asia Andreas Mattmüller said the hotel management company is very excited about opening in Colombo, which is in line with its development strategy to secure projects in key Asian markets. “It’s a great opportunity to expand our presence in such an emerging travel destination,” he said.

He added that Mövenpick Hotels & Resorts look forward to working with owners SoftLogic Holdings in establishing and growing the business.