Vasint Hospitality has acquired a parcel of land in the business park Sophia Antipolis in Southern France. Situated northwest of Antibes and southwest of Nice, Sophia Antipolis is the very first technology park which was established in Europe. It houses primarily companies in the fields of computing, electronics, pharmacology, science, research and biotechnology. The property is located at Route des Lucioles and is being surrounded by corporate offices and university buildings. The intended Moxy development encompasses a minimum of 140 keys.