Hilton signs deal for 23-storey Cairo project
Operator inks deal for sixth Cairo outlet in Maadi diplomatic district
Hilton Worldwide has signed a management contract with Saudi Egyptian Real Estate Development for its sixth property in Cairo.
The 257-room Hilton Cairo Nile Maadi will be located in the upscale residential and diplomatic district of Maadi and enjoy direct access to the popular Corniche El Nile.
The 23-storey property, which is forecast to open early 2016, overlooks River Nile as well as Egypt's ancient heritage sites, museums and popular tourist attractions.
"As the longest serving and most recognised hospitality brand in Egypt, we are committed to offering tangible and sustainable hospitality to the country's business and leisure industry," said Hilton Worldwide, Middle East & Africa president Rudi Jagersbacher.
"Our Egyptian expansion strategy and determined pipeline growth reflects our unwavering faith in the viability of Egypt, it's people, business and community as we continue the tradition of providing hospitality and comfort to discerning travellers."
Designed to appeal to both the leisure and business traveller, Hilton Cairo Nile Maadi will feature a business centre, a 400 sq m function room, two boardrooms and three meeting rooms.
Leisure facilities will include a large health club and spa, an outdoor swimming pool, two restaurants, including speciality dining, a lobby lounge and an executive lounge.
Hilton Hotels & Resorts global head Rob Palleschi said: "Hilton Hotels & Resorts is immensely proud of its heritage and first-class reputation in Egypt and we are delighted to bring another quality property to our growing portfolio of excellence."
Hilton's Egypt pipeline includes the 635-room Hilton Heliopolis; the 660-room Hilton Makadi Resort; the 390-room Hilton Giza Pyramids, the 158-room Hilton Alexandria Corniche and the 195-room Hilton King's Ranch Resort.
The group already operates hotels in Cairo, Alexandria, Hurghada, Sharm El Sheikh, Taba, Nuweiba, Marsa Alam and Luxor.
Saudi Egyptian Real Estate Development CEO, Eng Darwish Ahmed Hassnin said: "Hilton Worldwide is a recognised hospitality leader with extensive knowledge and experience of Egypt. Together, we are committed to creating a world-class property with outstanding and inviting facilities and service.
"This property is the first hotel in Egypt owned by both the Egyptian and Saudi governments and is expected to become one of the flagships of the joint investments between both countries".