Faull...delighted to announce first project in Egypt
Swiss-Belhotel signs first hotel in Egypt
DUBAI, April 25, 2016
Swiss-Belhotel International has signed an agreement to manage a property in Alexandria, Egypt, the hotel group announced at the Arabian Travel Market, which opened in Dubai today (April 25).
The hotel is a part of a mixed-use complex situated on a prime location overlooking the Mediterranean Sea and represents Swiss-Belhotel International's first foray into Egypt as its expansion in the Middle East continues to gather pace.
Swiss-Belhotel Marseilia will be a new destination on Alexandria Beach when it opens in 2018, offering more than 200 four-star international-standard hotel rooms and apartments, over 500 residential units, and a host of culinary and retail options for guests.
Gavin Faull, the hotel group's chairman and president, said: "Swiss-Belhotel International is delighted to announce our first project in Egypt in partnership with Marseilia Group, one of the most prestigious developers in the country."
Marseilia Property Investment chairman Yasser Ragab added: "We have secured one of the last plots of land on the beachfront overlooking the Mediterranean and finalised the planning of what will be Egypt's first mixed-use development consisting of hotel, hotel apartments and residential apartments appealing to the growing numbers of tourists and residents in the destination."
The core concept of Swiss-Belhotel Marseilia, is focused on offering a healthy and friendly community lifestyle with integrated services and facilities ideal for families.
Swiss-Belhotel International's portfolio in the Middle East consists of 13 hotels, with five currently operating and a further eight under development. - TradeArabia News Service