(27/06/24) IHG has signed a management agreement with Arkan
Palm for Real Estate Investment for the first Holiday Inn Express
hotel in Egypt.
Scheduled to open in 2027, facilities at the
200-key Holiday Inn Express West Cairo 205 will include two
meeting venues, a choice of F&B and retail outlets, as well as a
fitness centre.
This is not the first time that the two companies
are working together. Arkan Palm for Real Estate Investment
successfully delivered an on-brand Crowne Plaza hotel in West
Cairo in February 2022. The group is also developing a 250-key
InterContinental West Cairo 205, due in 2028, and the 140-key voco
West Cairo 205 Suites, set for completion in 2026.
Engineer Amr Badreldine (left) with Haitham Mattar
“We are excited to continue our fruitful
partnership with IHG Hotels & Resorts to introduce the first
Holiday Inn Express in Egypt. This project not only reinforces our
longstanding partnership, but is also testament to our shared
commitment to elevating Egypt’s hospitality sector,” said Engineer
Amr Badreldine, CEO of Arkan Palm for Real Estate Investment. “We
believe in delivering exceptional experiences, and the
introduction of Holiday Inn Express is in line with our vision to
provide high-quality accommodation. We are confident that this new
addition will set new standards in the industry and cater to the
diverse needs of modern travelers, whether they are here for
business or leisure.”
IHG currently has seven hotels operating across
four brands in Egypt, including InterContinental, Crowne Plaza,
Holiday Inn and Staybridge Suites.
The company also boasts a pipeline of 19 hotels
due to open within the next five years across the country.
“Our expansion in Egypt with our trusted partners
at Arkan Plam for Real Estate Investment underscores our
commitment to Cairo’s hospitality sector and supporting Egypt’s
National Tourism Strategy,” said Haitham Mattar, Managing
Director, India, Middle East & Africa, IHG. “The new Holiday Inn
Express West Cairo 205 will provide an elevated experience to
smart travellers with next generation guest rooms and public
spaces. We are confident that the hotel will be the first choice
for an increasing number of travellers to Egypt who need a simple,
engaging place to rest or get their work done.”
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