TORONTO — FRHI Hotels & Resorts (FRHI), the parent company of Fairmont Hotels & Resorts, Swissotel Hotels & Resorts and Raffles Hotels & Resorts, will develop two new hotel projects in Egypt while also releasing new details of its previously announced tri-brand hotel development in Sharm El Sheikh.
FRHI signed agreements with Citystars Properties, a leader in the development of high quality mixed-use real estate in Egypt, to brand and operate all five projects. Upon completion, the new hotels will more than double the luxury hotel company’s footprint in Egypt.
The two new projects include a Fairmont hotel in Soma Bay, south of Hurghada, and a Swissotel property in Katameyah, Cairo, which are both scheduled to open before 2020. Soma Bay, an exclusive holiday destination, is ideally situated on the eastern shores of Egypt on the Red Sea coast, just 20 minutes away from Hurghada International Airport.
Swissotel Katameyah is the second property announced which will open in Cairo before 2020 under the FRHI umbrella. Aptly referred to as the ‘New Cairo’, with an oasis of greenery in the midst of the desert covering an area of 250,000 square metres, Katameyah is a prominent and up-and-coming residential, commercial and lifestyle development.
“The two new signings, as well as the Sharm El Sheikh project, complement our three existing Fairmont hotels in Cairo, which are all prominent landmarks in the city,” said Sami Nasser, FRHI’s senior vice president, operations, Middle East, Africa & India.
Fairmont currently operates a number of properties in Egypt, including Fairmont Nile City, Fairmont Towers, Heliopolis and Fairmont Heliopolis in Cairo.