Cairo House Egypt for Real Estate has announced that it has signed an agreement with Tourism Investment SAE and Marriott International to convert the historic Mogamma Al Tahrir into an Autograph Collection Hotel, Invest-Gate reports.

This signing represents a major milestone in the consortium’s plan to repurpose the building into a prime hotel and world-class destination for the city. Bringing an Autograph Collection Hotel to the heart of Cairo aligns with The Sovereign Fund of Egypt’s (TSFE) broader plan for revitalizing downtown Cairo, with Mogamma Al Tahrir serving as an anchor and catalyst for future investments.

The development of the property will be led by an international consortium of developers and investors, including Global Ventures Group, Oxford Capital Group, Al Otaiba Investments, and Zoser Capital Partners.

Randall Langer, Chairman of Global Ventures Group, commented, “We are honored to work with Marriott International to bring an Autograph Collection hotel to the Mogamma Al Tahrir building. We value the Marriott alliance, the strong support of TSFE, and the substantial efforts of the numerous team members who are bringing this project to life.”

The Autograph Collection Hotel is expected to feature 500 guest rooms and serviced apartments, along with multiple dining and entertainment options. The hotel will also include a rooftop swimming pool overlooking Tahrir Square, with views of the Nile and the distant Giza Pyramids.

Additional plans for the property include expansive meeting and event spaces, such as a ballroom and a unique outdoor pavilion, as well as a fitness center and spa.

The investment in the Mogamma Al Tahrir complex signifies a catalyst for future investments in downtown Cairo and showcases Egypt’s strong initiative to boost its tourism sector.

For his part, John Rutledge, CEO of Oxford Capital Group, stated, “We are excited to have achieved this important milestone with our longtime friends and professional collaborators at Marriott International and look forward to advancing this iconic project in the historic city of Cairo.”

Shady Hassan, Vice President of Development for North Africa at Marriott International, added, “We have a long-standing presence in Egypt and remain committed to further enhancing our portfolio in the country while supporting the growth of its tourism sector. Autograph Collection features curated properties that celebrate individuality, and we look forward to working with the consortium and TSFE to bring the brand’s distinct perspective on design and hospitality to the city.”