has signed a deal with Cairo-based real estate
company Arabia Investment & Tourist Development SAE to manage the 300-key Mövenpick Hotel & Residences
North Coast, Egypt, in part of an upscale mixed-use residential
Comprising 150 hotel rooms, as well as 150
branded units that will become part of a rental pool, the property
is located 70km west of Alexandria and 280km North
West of Cairo, with Borg El Arab International Airport just 15
minutes away by road.
Egypts North Coast is a
development focal point, with new projects ranging from dining,
wellness, leisure and entertainment facilities to new conference
venues and large commercial zones such as Borg El Arab City
featuring five industrial parks, which is just 15 minutes from our
new property, said Andrew Langdon, Chief Development Officer,
Mövenpick Hotels & Resorts. With more tourists and
families flocking to this area of the country, from Egypt, the
Middle East and key European markets, as well as an influx of oil
and gas and business travellers seeking meeting space and
high-quality accommodation, we are in a strong position to benefit from this surge in activity.
Mövenpick Hotel &
Residences, North Coast, Egypt, will feature one all-day dining
and one specialty restaurant, a café and snack bar, a beach grill,
one banquet hall and three meeting rooms.
The resort will also
become a leading family-friendly destination, offering a raft of
leisure options including a fitness and spa facility, large
swimming pool, kids clubs and water-play attractions, and several
amenities and activities aligned to the Mövenpick Family
Mövenpick Hotel & Residences North Coast, is
part of a modern mixed-use development that will set a new
benchmark for hospitality standards on this expanse of Egypts
Mediterranean coastline, said Tareq Othman Ahmed Shoukry,
Chairman of the Arabia Group. With our proven track
record developing large-scale projects in Egypt and Mövenpick
Hotels & Resorts experience managing successful properties across
the entire Middle East and North Africa region, we are in a strong
position to leverage the growth of this area as it continues to
undergo significant transformation.
Mövenpick Hotel &
Residences North Coast is scheduled for completion in 2020, the
same year the company will open another resort in Egypt
the 214-key Mövenpick Resort El Ein Bay, part of a new modern
integrated beach and golf resort in El Sokhna.
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