Wednesday, March 29, 2017

AccorHotels to manage new Fairmont property in Egypt

Leading hospitality chain AccorHotels has partnered with real estate company Arabia Group to manage Fairmont Pyramids Hotel and Residences - Egypt's newest property which is set to open in 2020.

The management deal also includes a partnership with with the Ministry of Housing and developers of residential, retail, and commercial developments in Egypt and the UAE, said a report in Daily News Egypt.

Fairmont Pyramids Hotel and Residences will feature 250 rooms and 200 branded residences. It is located 4 km from the Great Pyramids, and three minutes from the Grand Museum, with easy access to the new ring road that constitutes a connection to the New Administrative Capital.

“We are excited to announce the addition of Fairmont Pyramids Hotels and Residences to our Egypt luxury portfolio,” said Sami Nasser, Accor’s chief operating officer of luxury brands in the Middle East. “This announcement highlights the group’s commitment to the destination and its envisioned potential,” he added.

Accor Hotels currently operates 20 hotels in Egypt, with 12 hotels under construction, encompassing 10,800 rooms and residences across the luxury, upscale, midscale, and economy segments.

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