Al-Fath Group (AFG) announces launching its first integrated hotel tower in the New Administrative Capital (NAC), with expected sales exceeding EGP 300 mn, Invest-Gate reports.

The company contracted its alliance with Facil, an international company, to manage its latest project SkyBridge Hotel.

Salah Eldin El-Hilali, chairman of AFG, highlights that AFG is the first company to implement an integrated hotel with a separate building and entrance in the NAC’s Downtown.

Commenting on this alliance, El-Hilali points out that Facil manages a group of the world’s largest hotels, including Mövenpick Radisson, Hilton and others. He further adds this alliance comes as a part of the company’s strategy, which is based on diversifying its investment portfolio and cooperating with international companies.

SkyBridge Hotel is 12-story hotel spans over 4,270 sqm, comprising 113 rooms, he uncovers, “The project overlooks three of the downtown landmarks including, the tourist walkway, landscape and the main road.”

Furthermore, he explains that the company provides flexible installment systems up to 12 years and the lowest load rate in NAC that reaches 28%, adding that the price starts from EGP 27,000/ meter for the fully furnished units.

Consisting of 113 rooms, the hotel features a group of distinguished facilities including a club house, franchise of international brands, maintenance and cleaning services, gym, spa, sauna, swimming pool and 560 m- hanging restaurant.

The project consists of two buildings linked by a suspension bridge. The first building includes various commercial and administrative spaces, while the second building contains international hotel apartments, he explains.

SkyBridge Hotel is located in the NAC’s Downtown on the western axis linking the Green River and the Government District, which guarantees easy access to the Gold Market, the Monorail Station and Al Masa Hotel.

El-Hilali concludes that AFG has contracted with the consultancy office (DCI+) for the engineering and construction designs of the project, noting that the company presents an exclusive offer to its customers, a discount that is double the down payment on a limited number of units.