Cairo developer plans new 300-room Movenpick hotel
CAIRO, November 23, 2017
Swiss hospitality group Mövenpick has joined hands with Egypt-based real estate firm Arabia Investment & Tourist Development to set up a 300-key hotel on the country’s North Coast – a popular leisure destination.
Part of an upscale mixed-use residential development, Mövenpick Hotel & Residences North Coast will be strategically located 70km west of Alexandria and 280km North West of Cairo, with Borg El Arab International Airport just 15 minutes by road.
The property will feature 150 hotel rooms, as well as 150 branded units that will become part of a rental pool, said the statement from Arabia Group.
Once completed, the resort will be a leading family-friendly destination, offering a raft of leisure options including a fitness and spa facility, large swimming pool, kids’ clubs and water-play attractions, and several amenities and activities.
A key highlight at Mövenpick Hotel & Residences, North Coast, Egypt, will be one all-day dining and one specialty restaurant besides a café and snack bar, a beach grill, one banquet hall and three meeting rooms.
On the new property, Tareq Othman Ahmed Shoukry, the chairman of the Arabia Group, said: "It is part of a modern mixed-use development that will set a new benchmark for hospitality standards on this expanse of Egypt’s Mediterranean coastline."
“With our proven track record developing large-scale projects in Egypt and Mövenpick Hotels & Resorts’ experience managing successful properties across the entire Mena region, we are in a strong position to leverage the growth of this area as it continues to undergo significant transformation,” he stated.
The project is scheduled for completion in 2020, the same year the company will open another landmark resort in Egypt – the 214-key Mövenpick Resort El Ein Bay, part of a new modern integrated beach and golf resort in El Sokhna.
Andrew Langdon, chief development officer, Mövenpick Hotels & Resorts, said Egypt’s North Coast was a development focal point, with new projects ranging from dining, wellness, leisure and entertainment facilities to new conference venues and large commercial zones such as Borg El Arab City featuring five industrial parks, which is just 15 minutes from our new property.
“With more tourists and families flocking to this area of the country, from Egypt, the Middle East and key European markets, as well as an influx of oil and gas and business travellers seeking meeting space and high-quality accommodation, we are in a strong position to benefit from this surge in activity,” he added.- TradeArabia News Service