InterContinental to open new hotel in Cairo by 2021
Cairo's Al Badr For Investments and Commercial Spaces Company signs with IHG that will operate the property under its Crown Plaza banner
InterContinental Hotels Group (IHG), has announced the signing of the Crowne Plaza Cairo Sheikh Zayed City in partnership with Al Badr For Investments and Commercial Spaces Company.
IHG currently has 2,169 rooms in Cairo under the InterContinental Hotels and Resorts, Holiday Inn and Staybridge Suites brands.
Scheduled to open in 2021, the 187-room new build will form part of Phase II of Arkan Plaza, a prime up-scale mixed-used development, and is strategically located in the heart of Sheikh Zayed City, on the 26th of July corridor (a bridge in Egypt) main spine, which connects the cities of Sheikh Zayed and 6th of October (a city in Egypt) with the central Cairo area.
The new hotel will be in close proximity to New Cairo Museum and the Great Pyramids of Giza.
Al Badr For Investments and Commercial Spaces Company chairman Amr Badreldin said: “Cairo continues to witness a growth in tourism numbers so it is the opportune time to be developing an internationally-branded hotel.
“Crowne Plaza has cemented its reputation as one of the top business hotel brands globally and the location and proposition of the new Crowne Plaza Cairo Sheikh Zayed City will make it the perfect place to unwind during a business trip. We are delighted to be working with a strong, global player such as IHG and look forward to welcoming guests in 2021,” Badreldin said.
IHG currently has 81 hotels operating across five of the company’s brands in MENA with a further 27 in the development pipeline.
There are currently 412 Crowne Plaza hotels open across the globe, with a further 84 hotels due to open in in the next three to five years.