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.”
“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.