Mercon Developments has signed a partnership agreement with BirdNest to provide hotel management and operation services for its latest project in the North Coast, “Dayz”, Invest-Gate reports.
Enhancing Investment Value
The announcement comes as part of Mercon’s strategy to enhance the investment value of its projects. The agreement includes operating and managing the project’s tourism units, whether chalets or villas, ensuring a fully integrated customer experience in line with the highest hospitality standards.
Mercon’s Strategic Vision
Chairman of Mercon Developments, Mr. Ahmed Embaby, confirmed that this partnership represents an important strategic step in the company’s journey, emphasizing that Mercon prioritizes delivering integrated projects that go beyond construction to include operational quality and sustainable investment value.
Dayz Project Lifestyle Offering
He added that the Dayz project in the North Coast reflects the company’s vision of offering a unique experience that meets the expectations of clients seeking a high end lifestyle and real investment opportunities.
Selection of BirdNest
CEO of Mercon, Mr. Karim Mamoun, stated that BirdNest was selected based on its strong track record and extensive experience in managing and operating tourism projects, noting its collaborations with major developers in the North Coast such as Emaar Misr, SODIC, and New Giza.
Project Market Vision
He added that the Dayz project represents a new vision for Mercon, aiming to deliver a differentiated real estate product that combines residential quality of life with investment returns, in line with the evolving demands of the Egyptian market, particularly in the North Coast.
Unit Offering Strategy
He noted that the company is currently working on offering the project units through well studied plans to ensure maximum benefit for clients, whether for personal use or as a promising investment opportunity supported by professional operation services.
BirdNest’s Operational Approach
In the same context, Eng. Mostafa El Nahwy, CEO of BirdNest, confirmed that the collaboration with Mercon is a strong addition to the company’s portfolio, highlighting that BirdNest aims to deliver an advanced hospitality management model based on the latest global operational systems to ensure high occupancy rates and strong returns.
Operational Standards and Returns
Eng. Ahmed Fadda, Partner and Co-CEO of BirdNest, explained that the company relies on accumulated experience in managing tourism projects in the North Coast, confirming that the Dayz project will be operated according to precise standards to maintain asset quality and maximize investment returns.
Integration as a Success Factor
He added that the integration between real estate development and hotel management has become a key factor in the success of any modern tourism project.