Hotels & Resorts News
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IHG signs agreement to open three new hotels in Egypt
IHG Hotels and Resorts has signed a management agreement with Arabella Group to open three new new-build hotels in Egypt between 2023 and 2026.
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Egypt and Marriott Power Hotel Development in Africa
This insight comes from this year’s African Hotel Chain Development Pipeline report, widely acknowledged as the industry’s most authoritative source.
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More than 110 Egyptian exhibitors at ITB 2023
With more than 110 exhibitors Egypt was the strongest country at the world’s leading travel trade show. Tourism minister Ahmed Issa attended the fair
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Tourism booms in Upper Egypt’s Aswan
Tourists coming from different countries enjoyed the beautiful weather and the marvelous buildings of the Philae temple complex.
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Abu Dhabi-based Rotana plans to open six hotels in Egypt
Currently, Rotana operates 72 hotels in the Middle East, Africa, Eastern Europe and Turkey, including 36 hotels in the UAE.
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Serry Beach Resort to open in Hurghada in 2023
Will welcome seekers of serenity and authenticity on a journey into experiencing the Red Sea like never before.
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Remco incurs EGP 118m consolidated losses in 9M-22; turns profitable in Q3-22
Remco for Tourism Villages Construction suffered consolidated net losses.
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Millennium Hotels Global to operate Nile Developments’ Taycoon Tower at New Capital
The company is working hard to attract foreign investments, accordingly, the state provides all means of support for them.
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Project of the week: Mandarin Oriental Shepheard
The project calls for the restoration of the historic Shepheard Hotel in Cairo, which first opened its doors in 1841.
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Egypt to trade shares in state-possessed hotels once valuation process is done
Global firms are determining the worth of Egypt’s state-possessed hotels before the administration trades shares in these properties.
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Saudi's Al-Sharif group awards $16mln Shepheard Hotel redevelopment contract to SIAC Contracting
$46mln is the estimated cost for the renovation and development of the historic Cairo property.
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Hilton adds second Marsa Alam site
The resort will provide a range of accommodation options across 282 units – from standard guestrooms and beachfront suites to stand-alone villas.
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1,500 more hotel rooms on way to serve visitors to Egypt’s pyramids, Grand Museum
Egypt’s Al-Ahram area real estate development project will add 1,500 hotel rooms to serve visitors to the Grand Museum and the pyramids.
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Egypt’s Maxim Hotels plans to open 20 hotels up to 2025
The Group plans to add 700 rooms in the current year in Cairo, New Administrative Capital and Sharm El Sheikh, and many more abroad.
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Strategic partnership between Pickalbatros hotel group, Booking.com
E-reservations have become imperative for tourism in Hurghada, Sharm El-Sheikh, Marsa Alam and all of Egypt in general.
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Tahrir Complex to be turned into a hotel
The most famous governmental building in Cairo was established in 1948 and was opened in its current form during the reign of King Farouk in 1951.
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Rixos Hotels Egypt bagged a recognition of the booking.com traveller review award 2023
This distinguished award is an annual appreciation program for various hospitality partners with remarkable services, determined by review scores.
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Egypt to offer 30% stake in 7 state-run hotels to GCC funds within 2 months
One of the sources said that TSFE is undergoing the final stage of the pre-IPO evaluation.
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Travco Group to boost hotel capacity in 2023 with EGP 7B in investments
The group will directly finance 60% of the investments, with the remaining to be funded through loans from banks, the CEO revealed.
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Hurghada ranks as 2nd best tourist destination in the Middle East for 2023
Egypt’s capital Cairo came in third place, while the city of Jerusalem came in last. The list also included Qatar, Bahrain, Oman, and Jordan.