Country overview: Over 50 hotels in the pipeline across Egypt [Infographic]

by Juliana Hahn | 13 Apr 2021 | Hotel Projects, Projects

A look through the TOPHOTELPROJECTS construction database shows that Cairo, Sharm El Sheikh and Hurghada are the biggest contributors to Egypt’s busy development pipeline.

Already a well-established travel destination, Egypt is set to further grow its hotel offering in the coming years. Our researchers report that plans are currently being progressed to create 54 properties in the country with a total of 16,693 keys between them.

Egypt’s new hotel openings by year

In 2021, 14 hotels with 5,319 keys will open their doors across Egypt – four are already in the pre-opening phase.

For 2022, another 14 projects with 3,568 rooms are due for completion, while 12 properties and 3,990 rooms have been mooted for 2023.

Of these 54 hotels, just over half (30) will be in the luxury five-star segment, with the remaining 24 falling into the four-star category.

Dynamic hotel markets in Egypt

With 12 hotel schemes and 2,820 rooms underway, Cairo is the country’s most dynamic market by some distance right now.

The popular resort destinations of Sharm El Sheikh and Hurghada are also performing strongly though – the former has five projects with 3,193 keys on the go, and the latter has four schemes with 3,059 rooms. Incidentally, the punchy room counts here show that these predominantly leisure-focused properties will on average be a good deal larger than Cairo’s new downtown hotels.

Top hotels brands expanding in Egypt

Swissôtel Hotels & Resorts is the fastest growing brand in Egypt with six hotels and 1,900 rooms on the table.

However, there are two other high-profile names not far behind. Fairmont Hotels & Resorts and Mövenpick Hotels & Resorts will both open four properties apiece, with 1,593 and 1,332 keys respectively.

Egypt’s most interesting new properties

Set to open in Q3 2022, Vida Marassi Marina will overlook the turquoise waters of Sidi Abdel Rahman Bay in Marassi on Egypt’s northern coast. Created by Emaar Misr and the architects of Perkins Eastman, this elegantly designed hotel will feature 120 rooms and suites with marina views. Guests will have access to a range of lifestyle amenities, including a yacht club, restaurants, meeting facilities and outdoor pools.

Nearby, Swiss-Belhotel Marseilia, Alexandria Beach is aiming to make its debut in early 2023. The stylish property will form part of a mixed-use complex right on the beach, with stunning views of the Mediterranean Sea, and boast 150 hotel rooms and the same number of residences.

Finally, Hilton Secon Nile Tower is set to launch in Cairo by mid-2021, a key element of a twin-tower mixed-use development. One will house the 257-room Hilton hotel while the other will host residences. Facilities that are being promised here include restaurants, cafés, meeting rooms, business facilities and a health club.

Many TOPHOTELNEWS articles draw on exclusive information from the TOPHOTELPROJECTS construction database. This subscription-based product includes details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishments and conversions.

Learn more

Irish boutique brand gets green light for UK first

Aug 11, 2022

Rendering of The Dean Birmingham, courtesy of Press Up Hospitality Group. Ireland-headquartered Press Up Hospitality Group and sister company Oakmount have been granted planning permission to convert a Birmingham landmark into a hospitality destination. The scheme...

Sydney’s Hilton to get facelift after record deal

Aug 11, 2022

Imagery © Hilton. The landmark Sydney Hilton is heading for refurbishment after changing hands as part of the largest-ever single asset transaction in the Australian hospitality sector. Baring Private Equity Asia (BPEA)’s real estate fund completed the acquisition of...

Ultra luxury brand returns to Anguilla

Aug 10, 2022

Imagery courtesy of Àni Private Resorts. Àni Private Resorts is to double its presence on the Caribbean island of Anguilla with the signing of a second site. The 15-suite estate will be located on Shoal Bay, consistently ranked as one of the top beaches in the...

Nairobi’s Crowne Plaza heads for refurbishment

Aug 10, 2022

Imagery courtesy of IHG Hotels & Resorts. Sub-saharan investment specialist Kasada Capital Management will be giving Crowne Plaza Upper Hill in Nairobi, Kenya, a facelift following its acquisition of the property. The refurbishment of the 206-key hotel will begin...

Chinese brand to set up house in Japan

Aug 10, 2022

Imagery by Proloog, © Snøhetta, courtesy of Tokyu Group. Swire Hotels is venturing outside its home Chinese market for the first time with the signing of a new luxury hotel in Tokyo, Japan. The firm is collaborating with Tokyu Group and L Catterton Real Estate (LCRE)...

Winter Olympic hotel poised for €25 million makeover

Aug 9, 2022

Imagery courtesy of Invel Real Estate. A historic hotel in Winter Olympic destination Cortina d’Ampezzo, Italy, will be undergoing major renovations after changing hands. Prodea Investments and Invel Real Estate have acquired Hotel Bellevue Suites & Spa for around...

IN THIS ARTICLE

Africa | Egypt