Swiss-Belhotel inks new property in Egypt

Global hotel management company Swiss-Belhotel International has announced its further expansion in Egypt with the signing of Swiss-Belresort Marseilia Beach 4 on the country’s stunning north coast.

The agreement was formalised at the Arabian Travel Market in Dubai in the presence Mohamed Yehia Rashed, Minister of Tourism for Egypt.

Swiss-Belresort Marseilia Beach 4 is the second property owned by Marseilia Egyptian Gulf Real Estate Investment that will be managed by Swiss-Belhotel International.

Yasser Ragab, chairman of Marseilia Group, said: “Swiss-Belresort Marseilia Beach 4 is a very significant project for us and we are pleased to partner once again with Swiss-Belhotel International to operate this fantastic property that is scheduled to open in 2020. We are confident their extensive global expertise and network will prove invaluable in establishing the resort as a popular holiday destination for visitors from around the world.”

Ragab added: “Marseilia Group is one of that largest real estate and tourism developer where we developed over 2 million-sq-m during the last 15 years in Egypt and it has a long history full of achievements and we always seek to add a new distinctive touristic interface in our projects, today we are about to add new ones to our projects portfolio in collaboration with Swiss-Belhotel International."