Emaar Hospitality eyes massive expansion across Egypt

The new Address Beach Resort Marassi is now open, one of 10 hotels Dubai’s Mohamed Alabbar wants to open across Egypt.

This marks Egypt’s second hotel and resort under the Address Hotels and Resorts brand which is located in Dubai, Turkey, Saudi Arabia, and Bahrain. The hotel comprises 118 rooms and suites, 169 serviced apartments in addition to 69 cabanas located a few steps away from the sea and Marassi Marina.

Alabbar said: “Emaar aims to develop a portfolio of 10 hotels, which represents approximately 3,000 hotel rooms in Egypt’s North Coast with an investment of $860 million, including both the previously launched hotels and those that are still under construction.

“This reflects the company’s vision to enhance the hotels and hospitality sector in this destination, and building on this belief, Emaar Misr launched Address Marassi Golf Resort, in addition to renovating and launching Alamein Hotel, along with five Boutique Hotels. The company is planning to inaugurate Vida Marina Resort very soon.”