FRHI continues its Egypt expansion
The Group signed agreements with Citystars Properties to brand and operate all five projects. Upon completion, the new hotels will more than double luxury the company’s footprint in Egypt.
The two new projects include a Fairmont hotel in Soma Bay and a Swissôtel property in Katameyah, which are both scheduled to open before 2020.
“The two new signings, as well as the Sharm El Sheikh project, complement our three existing Fairmont hotels in Cairo,” said Sami Nasser, FRHI’s senior vice president, operations, Middle East, Africa & India. “This increased development activity reinforces our commitment to the destination.”
Fairmont Soma Bay will feature 300 guestrooms and suites, including Fairmont Gold and 150 Fairmont branded Residences. The food and beverage portfolio will include an all-day dining room, lobby lounge and bar, beach eatery and specialty restaurant.
While the Swissôtel property will include 250 guestrooms and suites and 50 luxury residential apartments under the Swissôtel Living concept. The hotel will also boast 38 Swiss executive club rooms and 1,700 square meters of meeting space.
Fairmont currently operates a number of properties in Egypt, including Fairmont Nile City, Fairmont Towers, Heliopolis and Fairmont Heliopolis in Cairo.