Ministry of Housing, InterContinental Hotels Sign Deal for 100 Hotel Rooms in Egypt
Minister of Housing Mostafa Madbouli held a meeting with the chief executive officer of InterContinental Hotels and Resorts in India, Middle East and Africa on Monday, agreeing to sign a cooperation protocol which will allow InterContinental, Holiday Inn and Stay Bridge Suites Cairo-Citystars to manage 100 tourist rooms.
Madbouli praised the signing of the memorandum of understanding (MoU) between the InterContinental Group and the Arab Group for Development & Real Estate Investment to operate three hotels in Al-Shams city project (Sun City project).
Meanwhile, Madbouli clarified that New Alamein City contains 25,000 hotel rooms. The ministry signed a cooperation protocol with Marriott International to establish and operate JW Marriott Hotel in Cairo with a capacity of 250 rooms and 50 villas and Marriott Hotel with capacity of 300 rooms.
The ministry further signed a cooperation protocol with Swiss Lausanne School for hotels to establish an education center, Madbouli added, revealing that New Alamein City will contain universities, schools, and various services besides tourist activities.
Source: Egypt Independent
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