Mövenpick Hotels & Resorts is cementing its presence in Egypt, revealing plans to operate a new coastal resort property on Egypt’s North Coast – a popular leisure destination and growing commercial centre.
The Swiss hospitality firm has signed an agreement with award-winning Cairo-based real estate company Arabia Investment & Tourist Development SAE, part of the Arabia Group, to manage the 300-key Mövenpick Hotel & Residences North Coast, Egypt, part of an upscale mixed-use residential development. Comprising 150 hotel rooms, as well as 150 branded units that will become part of a rental pool, the property is strategically located 70km west of Alexandria and 280km North West of Cairo, with Borg El Arab International Airport just 15 minutes by road.
By introducing a new family-friendly resort concept to this attractive stretch of Egypt’s Mediterranean coast, Mövenpick will capitalise on growing local and international leisure demand for this destination, as well as corporate and MICE business being generated by new infrastructure under construction.
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 Programme.
Mövenpick Hotel & Residences North Coast is scheduled for completion in 2020, the same year the company will open another landmark resort in Egypt – the 214-key Mövenpick Resort El Ein Bay, part of a new modern integrated beach and golf resort in El Sokhna.
The hospitality firm continues to ramp up its presence in Egypt where its portfolio includes 16 hotels, resorts and river cruisers.