Hotels & Resorts News
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7 facts about Egypt's new $1B tourism initiative
Egypt has recently unveiled a $1 billion initiative to enhance its tourism sector by expanding hotel capacity.
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IHG Hotels & Resorts all set to launch Holiday Inn Express brand in Egypt
The longstanding partnership with Arkan Palm for Real Estate Investment sees IHG’s expansion in Egypt with the new 200-keys Holiday Inn Express West.
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Novotel Sidi Abd El Rahman
Accor signs new Novotel property on Egypt’s North Coast
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Arkan Palm and IHG Hotels & Resorts partner to launch first Holiday Inn Express
This collaboration will expand the number of rooms of all three IHG hotels in 205 to a total of 700.
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Abu Dhabi Tourism Investments announced readiness of the Mövenpick Sharm El Sheikh hotel
The Mövenpick Sharm El Sheikh hotel is ready after completing the first phase of renovation and development with investments of 2 billion pounds.
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Marriott to launch new Tribute Portfolio hotels in Egypt
The new hotels is set to open in 2027 and 2029 respectively in West Cairo and the North Coast.
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Egypt to build world-class hotels near Grand Egyptian Museum
Complimentary aesthetic touches are needed in the area surrounding the museum and all roads leading to it.
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Egypt to launch subsidized loans initiative for hotel rooms expansion
This move aims to encourage investing in the Egyptian tourism sector, the sources added.
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Thousands of hotel rooms launched in Egypt in Q1 of 2024
In 2023, the figure of international tourists to Egypt jumped by 27.4 percent hitting 14.9 million, which is the highest in the country's history.
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Rixos Premium Alamein opens in Egypt
The luxurious property features six towers housing 469 residences and 732 rooms and suites.
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Waldorf Astoria Cairo Heliopolis adds luxury to Egypt's ancient history
The five-star hotel group launched its first African property in Heliopolis last summer, with the property officially opening its doors in February.
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Rixos Group plans to turn historic Montaza Palace in Alexandria into luxurious hotel
The Montaza Palace was built in 1892 by Khedive Abbas II, which he used for hunting purposes.
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Egypt has largest hotel pipeline in Africa with 109 hotels in development
New report said there was 9% YoY growth in hotel pipelines in both North and sub-Saharan Africa.
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Tahrir Complex will be one of the most luxurious hotels in Egypt
The historical character of the building, especially its facades, will be preserved as it's registered in National Organization for Urban Harmony.
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German Steigenberger Hotels AG signs contract to manage hotels at South Sinai’s Great Transfiguration site
The German company will be in charge of the management of hotels and tourist resorts located on the lands owned by Misr Sinai Tourism Company.
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Emirati businessman Khalaf al-Habtoor renews desire to invest in Egypt’s Regal Heights Hotel
The announcement of the historic investment initiative constitutes a great incentive for a large number of businessmen to invest in Egypt.
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Hurghada among best global tourist destinations for 2024: TripAdvisor
The city has witnessed significant improvements recently, making it a prime destination for European tourists in particular.
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Abu Dhabi wealth fund ADQ signs deal for stake in Egypt luxury hotels
Under the deal, a special purpose vehicle owned by ADQ and its unit ADNEC, with respective 49% and 51% holdings.
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2,600 new hotel rooms in downtown Cairo
Mugamma Al-Tahrir building is set for a transformation into a luxury hotel through a $200 million investment by a US consortium.
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Abu Dhabi government-backed hotel group plans USD 170 mn investment in three Egyptian hotels
The Egypt-focussed Abu Dhabi Tourism Investment Company (ADTIC) that is 84% owned by the government of Abu Dhabi’s Abu Dhabi Fund for Development.