A view on Egypt by the hotel makers...
The hotel industry is one that is for life; it is a long-term decision almost like a marriage. Coming together with an owner to invest in a hotel requires effort. It is not a decision that can be based on just a few months of discussion—sometimes not even after a year or two—as realistically, it would take two to three years to build a hotel. After which the owner, of course, wants a return on his investments.
In the last months, Egypt witnessed the opening of new luxury hotels as well as signing new hotel management contracts in different locations.
“Egypt is an important location for the Steigenberger Hotel Group,” said Puneet Chhatwal, CEO of Steigenberger Hotels AG. “The new resort in Sharm El Sheikh fits seamlessly into our existing portfolio and strengthens our position on the market together with the opening of the Steigenberger Tahrir Square we are now well set.”
Steigenberger El Tahrir Cairo
The new Steigenberger Hotel El Tahrir is ideally located at the heart of Cairo down town. Within walking minutes to the Egyptian Museum, Khan El Khalili and the Arab League building.
The 4 star hotel offers 295 modernly furnished rooms and suites. Designed to meet business guests’ needs with free Wi-Fi, 24 hour in-room dining, on-site parking facilities, concierge services, an all-day dining and a lobby bar.
Meeting rooms are efficiently spread over one floor with 1782 sq. m. with a main multi-purpose hall taking up to 350 guests, a foyer and 6 private meeting rooms. The swimming pool is on second floor next to the fitness center.
Steigenberger Alcazar Sharm El Sheikh
The Alcazar Resort is situated in the Bay of Nabq on the Sinai Peninsula and offers hotel guests the use of a 3,000 m2 private sandy beach. The area features an extensive underwater environment which is ideal for diving and snorkeling.
Steigenberger Alcazar offers 610 guest rooms that were designed to create a total holiday experience that is second to none. Superior Rooms and Deluxe Family Rooms stand just off the beach while Villas and Junior Suites accommodate larger groups.
Steigenberger Alcazar brings unprecedented luxury and hospitality offering guests a distinctive stay right on the magnificent shores of the Red Sea.
Latif Group signed a management agreement that will bring the Ritz-Carlton hotel to the resort town of Sharm El-Sheikh in South Sinai.
The signing ceremony was led by founder and chairperson of the group Nasser Abdel Latif, and president and managing director of Marriott International for the Middle East and Africa Alex Kyriakidis.
The all-new Ritz-Carlton Sharm El-Sheikh will be located in Sharks Bay which is often described as the ‘gem of the Red Sea’. This project is funded with total investments of $600m and the hotel is expected to be operational by 2020. With a primary target of capturing the global affluent leisure traveler, the resort will have 252 rooms, including 12 villas, three restaurants (including two specialty restaurants), a number of pools, a destination spa with private treatment suites, and a range of water sports activities as well as the largest shopping complex in Sharm El-Sheikh.
Hilton Hotels & Resorts is planning to expand in Egypt by adding five hotels under its management in the next few years.
Christian Muhr, vice president of Egypt and Levant Operations, said Hilton manages 18 hotels in Egypt, and is considered the largest hotel management company in Egypt.
Muhr noted that the company plans to manage a new hotel in the Pyramids area, next to the Grand Egyptian Museum. Implementation will begin in 2017.
He added that the Hilton also plans to launch a 197 rooms DoubleTree hotel by Hilton in Ain Sokhna by the end of 2017, as well as another hotel in Ain Sokhna under the Hilton brand.
The company plans to launch the Hilton Cairo Nile Maadi Hotel, which is an important addition to the Hilton Hotels network in Egypt, and is part of Hilton’s expansion plan in the Egyptian market.
Another management contract has been signed for a hotel in Damietta, he continued, saying that Damietta is a promising area, especially as it is geared to receive more investments during the upcoming period.
“We believe in the institutions of the Egyptian market and seek to increase the number of our hotels, especially as growth opportunities in the tourism sector are very large. I expect that the hotels carrying the Hilton brand to triple the current number within 10 years,” said Muhr.
Starwood Hotels & Resorts
Starwood Hotels & Resorts Worldwide, announced the opening of The Westin Cairo Golf Resort & Spa Katameya Dunes
Situated in a breath-taking landscaped enclave, The Westin Cairo offers 127 beautifully-appointed guest rooms and one presidential suite, all featuring the latest in-room technology as well as the renowned Westin Heavenly Bed®, Heavenly Bath®, Heavenly® Shower, Heavenly® Robe and exclusive White Tea Aloe bath amenities. The Westin Cairo Hotel & Spa also offers four dining venues, including an all-day dining restaurant, a café, a bar and a lounge. Spanning 12,500 square metres, the hotel will provide other facilities such as a spacious ballroom, The Heavenly Spa by Westin™, the Nick Faldo & Brian Curley designed golf course, a pool, fitness center and a 24-hour business center.
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