Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt to unveil 'national economic development narrative' in June, focused on key economic targets    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    Italy's consumer, business confidence decline in April '25    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt's TMG eyes $17bn sales from potential major Iraq project    Egypt's Health Min. discusses childhood cancer initiative with WHO    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Asia-Pacific stocks rise on Wall Street cues    Egypt's EDA discusses local pharmaceutical manufacturing with Bayer    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Egypt expresses condolences to Canada over Vancouver incident    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Health Min. strengthens healthcare ties with Bayer    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    49th Hassan II Trophy and 28th Lalla Meryem Cup Officially Launched in Morocco    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Paris Olympics opening draws record viewers    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Abu Dhabi Tourism, Accor sign management deal for Sofitel Legend
Daily News Egypt Published in Daily News Egypt on 19 - 11 - 2024

Abu Dhabi Tourism Investment Company, owned by Abu Dhabi Development Fund, has signed an agreement with French hospitality group Accor for the management and operation of the Sofitel Legend Pyramids Hotel in Giza.
Yahia Kotub, CEO of Abu Dhabi Tourism Investment Company, announced that the company has allocated approximately $100m for the establishment of the hotel near the Grand Egyptian Museum (GEM), noting that this investment does not include the value of the land.
Kotub confirmed that the agreement with Accor will see the management and operation of the hotel under the Sofitel Legend brand. Construction of the hotel is set to commence in December 2024, with an expected opening date in May 2027, according to the project's execution schedule.
"This day marks a significant milestone for Abu Dhabi Tourism Investment Company, and we are proud to expand our portfolio in Egypt," said Kotub. He expressed excitement about the partnership with Accor, stating, "We are pleased to announce the signing of the Sofitel Legend Pyramids Giza hotel agreement."
He emphasized that this renowned luxury brand will deepen its connection to history and heritage in one of the most exceptional locations in the world, the Pyramids area. The architectural landmark will be situated directly across from the iconic Giza Pyramids and the Grand Egyptian Museum, featuring 303 elegantly appointed rooms that provide stunning views of the pyramids. Guests can look forward to world-class dining options and exclusive wellness facilities, all infused with the timeless elegance of the Sofitel Legend brand.
"By merging French luxury with Egypt's rich heritage, we are excited to redefine the luxury travel experience in Giza, with the hotel expected to open its doors in 2027," Kotub added.
Abu Dhabi Tourism Investment Company is 84% owned by the Abu Dhabi Development Fund, with 10% held by the Abu Dhabi National Hotels Company, while the remaining shares are owned by the Ministry of Public Business Sector through its tourism and hospitality companies. The company boasts a diverse portfolio of hotels, including Movenpick Sharm El Sheikh and Mercure Hurghada, with the Sofitel Legend Pyramids being the third hotel set to begin construction in December 2024.

Clic here to read the story from its source.