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Marriott signs LE56 billion deal in Egypt with major 9-hotel expansion

World 2 sources 2 countries 🔦 Under-reported 51m ago

Marriott International has signed a LE56 billion agreement with Misr Italia Properties and People & Places Real Estate Development to undertake a major hotel expansion in Egypt.

The deal involves the construction of nine new hotels and resorts across various urban and coastal destinations in the country.

The project will add more than 1,800 new rooms and suites to Marriott's portfolio in Egypt, enhancing the nation's hospitality infrastructure.

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Covered by 2 sources