Radisson signs 6 hotels for Egypt

Radisson Blu is poised to become a leading brand in Cairo. Photo credit: Radisson Hotel Group

Radisson Hotel Group has signed six new hotels in Egypt as part of a portfolio deal across a number of its brands. The agreement was signed with existing business partner Zaghloul Holdings, a Cairo-based business conglomerate operating in real estate, contracting, tourism, commercial retail, entertainment and sports investment industries. 

The six hotels—Radisson Collection Hotel Cairo Heliopolis, Radisson Blu Serviced Apartments Cairo Heliopolis, Radisson Blu Hotel Cairo Golf City, Radisson Hotel New Cairo, Radisson Hotel & Resort Ain Sokhna and Radisson Blu Hotel & Resort Makadi Bay, Hurghada—will make Radisson Hotel Group one of the largest international operators in the country and will make Radisson Blu a leading brand in Cairo in the coming years.

“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, EVP and CDO of Radisson Hotel Group. “These hotels will make a great contribution to local employment and we thank our partner Zaghloul Holdings for their continued trust and for their contribution toward 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.”

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

“We have ambitious investment plans for the tourism sector in Egypt,” said Hazem Zaghloul, owner of Zaghloul Holdings. “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.”

Radisson Collection Hotel Cairo Heliopolis

Set to become the first Radisson Collection hotel in Egypt, the hotel will be part of a new mixed-use development that includes a shopping mall and offices. Located within the Heliopolis district of Cairo, the hotel will be situated 1 kilometer from Cairo International Airport, the second-busiest airport in Africa. 

The new hotel will have 425 rooms and four food and beverage outlets. The meeting and events space will cover 2,000 square meters and include two ballrooms. 

The Radisson Collection Hotel Cairo Heliopolis is set to open in Q2 2021.

Radisson Blu Serviced Apartments Cairo Heliopolis

Situated in the same mixed-use development, the serviced apartments will complement the hotel with 163 upper-upscale apartments featuring one- and two-bedroom apartments. The serviced apartments will feature 400 square meters of meeting space and will include an outdoor pool. The Heliopolis district has a number of modern restaurants, cafés and other leisure facilities, and is home to Egypt’s three largest shopping malls.

Radisson Blu Serviced Apartments Cairo Heliopolis is scheduled to open in Q3 2019.

Radisson Blu Hotel Cairo Golf City

The hotel will be an "urban resort" in the north of Cairo, 10 kilometers from Cairo International Airport in Obour City. The hotel will be in a commercial district that includes the offices and factories of a number of pharmaceutical companies and an industrial park next to the hotel. 

The hotel will have 255 rooms, a gym, two international restaurants and a tea lounge. The meeting room space will cover 220 square meters.

Radisson Blu Hotel Cairo Golf City is scheduled to open in Q4 2020.

Radisson Hotel New Cairo

The hotel will be located in New Cairo and will have 107 rooms, a restaurant, gym and indoor swimming pool and will be the first Radisson-branded hotel in Egypt when it opens in 2020. 

Radisson Hotel & Resort Ain Sokhna, Egypt

The property will have 173 rooms and suites and will offer direct beach access. Leisure facilities will include three outdoor swimming pools and a gym. The hotel will be located 50 kilometers south of Ain Sokhna, on the western shore of the Red Sea's Gulf of Suez.

Radisson Hotel & Resort Ain Sokhna is scheduled to open Q4 2021.

Radisson Blu Hotel & Resort Makadi Bay, Hurghada

The hotel will have 670 rooms and will offer direct beach access. F&B options will include three international restaurants, a beach restaurant and a nightclub. 

The hotel will be located 25 kilometers south of Hurghada city center, along the Red Coast Sea, while Hurghada International Airport (HRG) is also 25 kilometers away and is scheduled to open in Q3 2020.

Suggested Articles

The 176-key Hotel Hendricks will offer the most rooms of any of Fortuna Realty Group’s Manhattan hotels.

The 138-room WoodSpring Suites Orlando International Drive is a collaboration between Choice Hotels International and Pearl Eagles.

Hotels in Illinois, Maryland, California, Oregon and Arizona have welcomed new general managers.