Marriott International has signed a landmark agreement with Misr Italia Properties and People & Places to develop nine hospitality projects across Egypt, adding more than 1,500 hotel rooms and branded residences as the country expands its tourism and real estate sectors.

The developments will span Egypt's key coastal and urban destinations, including Ras Al Hekma, Ain Sokhna, West Cairo and East Cairo, featuring Marriott's luxury and premium brands such as The Ritz-Carlton, The Luxury Collection and Autograph Collection.

Among the planned projects is a 170-room Ritz-Carlton hotel with 268 branded residences at The Med Ras El Hekma, alongside a 180-room Autograph Collection hotel with 250 residences at Solare Ras El Hekma.

Other developments include a 180-room Luxury Collection hotel with 180 residences at The Hills of One in West Cairo, an 80-room Autograph Collection hotel with 172 residences at Kai Sokhna Red Sea, and a 100-room Autograph Collection hotel at Garden 8 in East Cairo.

The agreement builds on Marriott's existing partnership with Misr Italia, following the signing of Marriott Executive Apartments and Westin Residences projects in Cairo's New Administrative Capital in 2022.

Misr Italia Properties and People & Places aim to build a portfolio of around 50 hospitality assets by 2037, supporting Egypt's ambition to strengthen its tourism industry, attract international investment and expand its portfolio of integrated hospitality and lifestyle destinations.

“Egypt remains a strategic growth market for Marriott underpinned by strong tourism fundamentals, expanding infrastructure and increasing demand for premium hospitality and branded residential experiences,” said Shady Hassan, Vice President, Development – North Africa, Marriott International. “This agreement underscores our long-term commitment to the market and our confidence in the country’s continued growth trajectory. Together with Misr Italia and People & Places, we look forward to bringing a collection of distinctive hotels, resorts and branded residences to some of Egypt’s most sought-after destinations, further enhancing the country's hospitality and real estate landscape.”

Mohamed El Assal, Chief Executive Officer & Managing Director of Misr Italia Properties and Cofounder of People & Places commented: “Hospitality is a strategic pillar of our long-term growth vision. With investments exceeding EGP 56.7 billion, Misr Italia Properties and People & Places ambitious hospitality expansion plans are expected to create around 6,000 direct and indirect job opportunities while aiming to welcome approximately 373,000 tourists annually. Our vision extends even further, as we continue building a diversified hospitality platform that will shape the future of tourism and lifestyle destinations in Egypt.”

“Our continued collaboration with Marriott marks a defining milestone in realising our hospitality ambitions. Together, we are bringing globally renowned brands to exceptional destinations across Egypt, with now over 1,800 hotel rooms and branded residences in our growing combined portfolio. Marriott's global expertise and trusted brands strengthen our ability to deliver world-class hospitality experiences and accelerate the execution of our broader long-term vision,” added Karim Khaled El Assal, Chief Executive Officer & Managing Director of Misr Italia Properties and Cofounder of People & Places. -TradeArabia News Service