Radisson Signs Portfolio Deal for Six Hotels in Egypt

INTERNATIONAL REPORT—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 the real estate, contracting, tourism, commercial retail, entertainment and sports investment industries. The six hotels are: 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.

“It is great to expand our footprint in Egypt with six new hotels,” said Elie Younes, EVP/chief development officer with Radisson Hotel Group. “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. 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. We are also pleased to strengthen our relationship with Radisson Hotel Group, one of the world’s largest hotel groups and our trusted hospitality business partner. We look forward to continuing our successful relationship.”

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. The hotel will have 425 rooms and suites and four food and drink outlets. The meeting and events space will cover more than 21,000 sq. ft., and includes two ballrooms. The leisure facilities will include a modern gym and indoor and outdoor pools.

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 as the Radisson Collection Hotel Cairo Heliopolis, the serviced apartments will complement the hotel with 163 upper-upscale apartments with one and two bedrooms. The serviced apartments will have more than 4,300 sq. ft. of meeting rooms space and will include an outdoor pool.

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

Radisson Blu Hotel Cairo Golf City

Radisson Blu Hotel Cairo Golf City continues the group’s strategic expansion into the north of Cairo with the development of an “urban resort.” Situated within Obour City, the hotel will be in a prominent commercial district that includes the offices and factories of a number of pharmaceutical companies and an industrial park situated next to the hotel. Golf City offers an established residential community and the hotel will be located in the center of the neighborhood next to the golf course. The hotel will have 255 rooms, a gym and dining options including two international restaurants and a tea lounge.

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

Radisson Hotel New Cairo

Radisson Hotel New Cairo will be located in New Cairo, an area south east of Cairo city and part of Greater Cairo metropolitan area. With 107 rooms, a restaurant, gym and indoor swimming pool, the hotel will be the first Radisson branded hotel in Egypt. The New Cairo district houses a number of international companies, and the nearby leisure attractions comprise malls and sporting facilities including a golf course.

Radisson Hotel New Cairo is scheduled to open in Q1 2020.

Radisson Hotel & Resort Ain Sokhna, Egypt

Located in Ain Sokhna, a popular destination for domestic and international leisure guests, Radisson Hotel & Resort Ain Sokhna will have 173 rooms and suites. The hotel will offer direct beach access in an area well known for the quality of its beaches and watersports and its proximity to the Eastern Desert. The hotel will have an international restaurant and a nightclub. Leisure facilities will include three outdoor swimming pools and a gym.

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

Radisson Blu Hotel & Resort Makadi Bay, Hurghada

Radisson Blu Hotel & Resort Makadi Bay, Hurghada will have 670 rooms and will offer direct beach access. There will be several food and drink outlets including three international restaurants, a beach restaurant and a nightclub. The resort will have four swimming pools and a fitness center. The meeting and events space will feature six meeting rooms.

Radisson Blu Hotel & Resort Makadi Bay, Hurghada is scheduled to open in Q3 2020.

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