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Published on Friday, February 8, 2019

Radisson to open six hotels in Egypt

Radisson Hotel Group has signed a deal for six new hotels in Egypt, signalling its belief in the destination.

The agreement with existing business partner, Cairo-based Zaghloul Holdings, will make Radisson one of the largest international operators in the country.

The hotels include the 425-room Radisson Collection Hotel Cairo Heliopolis, set to open in the second quarter of 2021 and the neighbouring Radisson Blu Serviced Apartments Cairo Heliopolis, with 163 apartments, due to open later this year.

The Radisson Hotel New Cairo is due to open early next year while the Radisson Blu Hotel Cairo Golf City and Radisson Blu Hotel & Resort Makadi Bay, Hurghada, will open later in 2020.

Finally, the Radisson Hotel & Resort Ain Sokhna, on the western shore of the Red Sea's Gulf of Suez, will open in late 2021.

"It is great to expand our footprint in Egypt with six new hotels. Egypt has historically been one of the most visited countries in North Africa and we strongly believe in its tourism industry in the long run," said Elie Younes, executive vice president & chief development officer Radisson Hotel Group.

"These hotels will make a great contribution to the local employment and we thank our partner Zaghloul Holdings for their continued trust and for their contribution towards promoting tourism in the country. We are further pleased to introduce two new brands to Egypt, Radisson Collection, positioned as the premium lifestyle and affordable luxury brand and Radisson as an upscale hotel brand."

Hazem Zaghloul, owner of Zaghloul Holdings, added: "We have ambitious investment plans for the tourism sector in Egypt. We are confident in the future outlook for the sector with positive forecasts of increased visitor numbers and the significant investment in the tourism infrastructure of Egypt."

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