Accor has signed a dual-branded hospitality development in Port Said with Atlas Integrated Contracting Company, marking the debut of ibis Styles and Adagio Original in Egypt and further accelerating the Group’s expansion across one of its key markets in the region, Invest-Gate reports.

The signing took place in the presence of Ibrahim Abu Limon, Governor of Port Said.

Project Opening

Scheduled to open in 2029, the project reflects Accor’s continued focus on high-potential destinations beyond traditional gateway cities, while reinforcing its long-term commitment to supporting Egypt’s evolving tourism and hospitality landscape.

Accor’s Expansion in Egypt

The signing also represents Accor’s third new brand entry into Egypt this year, underlining the Group’s sustained development momentum and the increasing depth and diversity of its national portfolio.

Port Said’s Strategic Location

Located on the Mediterranean coast at the northern entrance of the Suez Canal, Port Said occupies a pivotal position between Africa, the Middle East and Europe. Long recognised as one of Egypt’s most important maritime and commercial centres, the city is benefiting from significant infrastructure, logistics and economic investment, while remaining notably under-supplied in terms of internationally branded hospitality offerings.

Project Details

The development will comprise ibis Styles Port Said with 180 keys and Adagio Original Port Said with 100 keys, introducing two distinct hospitality offerings tailored to the evolving needs of business, leisure and extended-stay travellers.

Target Guests

The hotels are expected to attract corporate demand linked to the maritime, logistics and trade sectors, alongside domestic and international leisure visitors seeking access to one of Egypt’s emerging coastal and commercial destinations. Adagio will further address the growing demand for long-stay accommodation, offering flexible hospitality solutions tailored to evolving traveller needs.

Supporting Egypt Vision 2030

The signing aligns closely with Egypt Vision 2030 and supports the country’s ambition to expand national hotel room capacity to 500,000 keys. It also reflects rising investor confidence in secondary cities that are becoming increasingly relevant within Egypt’s wider tourism diversification strategy.

Statement by the Governor of Port Said

Ibrahim Abu Limon, Governor of Port Said, stated: “We are deeply proud of the remarkable growth and development witnessed across Port Said, reinforcing its status as a vital economic and commercial hub. This landmark project not only reflects growing investor confidence in our city’s infrastructure but also enriches our local hospitality offering. We welcome this partnership, which directly aligns with our vision for sustainable urban and economic advancement.”

Accor’s Statement

Maya Ziadeh. Chief Development Officer for the Premium, Midscale & Economy division across the Middle East & Africa & Türkiye at Accor, said: “Egypt remains a strategic growth market for Accor, with increasing opportunities emerging beyond the country’s traditional gateway cities and into high-potential destinations such as Port Said.”

“The introduction of ibis Styles and Adagio Original to Egypt brings two new and distinctive brands into the market, reflecting our commitment to bringing diverse hospitality experiences that cater to the evolving needs of travelers while supporting the country’s tourism growth ambitions”, Ziadeh added.

Atlas Integrated Contracting Company’s Statement

Ehab Soliman, Chairman of Atlas Integrated Contracting Company, said: “Hospitality represents a strategic investment pillar within our broader diversification plans, and we remain highly confident in Egypt’s long-term tourism growth trajectory. Port Said presents a compelling opportunity as a strategic city benefiting from increasing trade, connectivity and infrastructure development.”

“Through our partnership with Accor, we are introducing internationally recognised brands that will elevate hospitality standards in the city while supporting its continued transformation. This long-term investment reflects our commitment to contributing to Egypt’s wider economic and tourism ambitions under Egypt Vision 2030,” Soliman added.

Adagio’s Statement

“Our debut dual-branded hospitality development with ibis Styles in Port Said marks a defining milestone for Adagio Original as we enter the Egyptian market for the first time” said Arthur Jaeger, Chief Development & Real Estate Officer at Adagio. “Egypt is a fast-growing market with strong demand for flexible, longer-stay accommodation. We are expanding our hybrid hospitality model into high-potential destinations such as Port Said, supporting both business and leisure travel while contributing to the country’s tourism ambitions.”