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Swiss-Belhotel to manage new hotel to be built on Egypt's north coast: Official
26 April 2017
Global hotel management company Swiss-Belhotel International has signed an agreement to operate a new hotel in Egypt, a company executive said on Tuesday.
The 150-key Swiss-Belresort Marseilia Beach 4, which is owned and being built by Marseilia Egyptian Gulf Real Estate Investment S.A.E, will be located at Sidi Abd El Rahman Bay on the north coast of Egypt.
"The design is almost finalised," Laurent A. Voivenel, senior vice president of operations and development for the Middle East, Africa and India, told Thomson Reuters Projects.
He did not provide further details on construction timelines but said the upscale four-star resort is expected to be completed in 2020.
The new hotel will be the second property owned by Marseilia that will be managed by Swiss-Belhotel International. The company has also signed a contract to operate the 1,200-key Swiss-Belhotel Marseilia on Alexandria Beach, due to open in 2018.
Swiss-Belhotel International currently manages a portfolio of more than 145 hotels, resorts and projects worldwide, including in the United Arab Emirates, Bahrain, Egypt, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, Australia, Georgia, Turkey, Tanzania, China, Malaysia and Indonesia.
© Zawya Projects News 2017