The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn (EGP 190.1 mn) long-term loan to Al Dau Al Haram for Hotel Operations for the regeneration of a brownfield site into a Hyatt Reg ...
After reopening at a quarter of regular capacity in a bid to contain the spread of COVID-19, Egyptian hotels are almost fully booked for domestic tourism, coinciding with the peak season of Eid Al Fitr holiday.
Orascom Development Holding (ODH) will gradually reopen hotels in its Red Sea resort town of El Gouna for domestic tourism as of May 15, with plans to have all on-site hospitality facilities fully operational almo ...
InterContinental Hotels Group (IHG), one of the world's leading hotel companies, is planning to further expand its presence in Egypt and set foot into Tunisia as tourism in both North African countries recovers.
UAE-based developer Miral and Warner Bros. (WB) have uncovered that the world's first WB branded hotel, called "The WB Abu Dhabi," is currently under development in Yas Island, Abu Dhabi, hitting a completion rate ...
French hotel giant Accor inked on November 3 a renovation and management deal for Naama Bay Promenade Resort in Sharm El Sheikh, agreeing to re-brand the beachside project as Pullman Hotels and Resorts by January ...
UAE's real estate company Deyaar Development announced on October 9 that work on its Dubai-based Millennium Executive Apartments Mont Rose project has been concluded, expecting the latest addition to be operationa ...
Jaz Hotel Group, the hospitality arm of Egypt's travel conglomerate Travco Group International, has inked a ten-year management agreement for Sharm Dreams Resort, located in Naama Bay, along the coastline of Sharm ...
Egypt's property developer ALDAU Development has entered into a franchise agreement with an affiliate to Hyatt Hotels Corporation for a Hyatt-branded hotel in west Cairo, marking the return of the hospitality bran ...
Palm Hills Developments (PHD) has invested nearly EGP 300 mn in the Egyptian hospitality industry to implement two niche boutique hotels within Hacienda White and Hacienda Bay, its flagship projects on the North C ...
