Egypt: On behalf of the country’s prime Minister, Mostafa Kamal Madbouly, the Minister of Tourism and Monuments, Ahmed Isa, witnesses the signing of management and operation contracts for three new hotels in the North Coast and New Cairo.
According to the reports, Mr Ahmed Isa, Minister of Tourism and Archaeology, attended the ceremony of the signing of contracts for the management and operation of three new hotel facilities in the North Coast and New Cairo, between Arabella Real Estate Development and Tourism Development Group Companies in cooperation and partnership with IHG International Hotel Management Company.
In addition, new hotels will contribute to the addition of more than 300 hotel rooms in Egypt. The contract was signed by Engineer Muhammad Amin Al-Dukhamisi, Chairman of the Board of Directors of Arabella Real Estate Development and Tourism Development Group, and Mr Haitham Matar, CEO of IHG Hotels and Resorts in the Middle East, Africa and South West Asia.
In his word, Mr Ahmed Issa expressed his happiness to attend the signing ceremony, congratulating my companies, IHG and Arabella, for the signing today, which will be a successful start for this important hotel facilities, which will be a strong addition to the hotel energy existing in Egypt.
Moreover, the Minister spoke of the Ministry’s keenness in encouraging hotel investment opportunities and boosting the capacity of hotel rooms to meet the Ministry’s goals of growing tourism and increasing demand to reach the ambitious targets set by the government for arriving tourists from different global markets.
“The National Strategy for Tourism Development in Egypt, which aims to achieve rapid growth in the tourism industry, ranges between 25% and 30% annually. The Minister pointed out that one of its key focus is improving the tourist investment climate,” said reports.
The strategy further mentioned increasing the number of hotel rooms available in the coming period and providing access to the tourist destination Egyptian larger and doubling the number of flights coming to Egypt, and also working on developing the tourist experience in Egypt by developing the quality of services provided to them.
Mr Ahmed Issa emphasized the important role that the private sector, both Egyptian and global, is playing in attracting more outgoing tourist movement to Egypt. The Minister also referred to the part of the Ministry of Tourism and Monuments as the organizer and supervisor of the tourism industry in Egypt.
Additionally, especially in light of the industry’s importance to the national economy and employment opportunities, the Ministry organizes and monitors the work of about 8000 different facilities operating in the tourism sector in Egypt.
The reports further added that these new hotels are set to contribute to the addition of more than 300 hotel rooms to hotel energy in Egypt in the wake of expansion and response to growing demand for luxury resorts and exceptional hospitality in Egypt.
The goal is to achieve new levels of luxury to satisfy travellers and tourists around the world, especially in light of the noticeable growth that the hotel sector in Egypt is experiencing, reports noted. It was noteworthy that these new hotel projects under construction are set to open in important areas such as New Cairo, Cairo and the North Coast between 2020 and 2020.
