Ishraq Hospitality signs MoU with Capital Elite to launch two hotels in Cairo
The two hotels will jointly have around 600 rooms when they open in 2025.

The two hotels will jointly have around 600 rooms when they open in 2025.
Luxor Rotana resort will feature 319 rooms including 48 suites and a presidential suite.
The new hotel takes the group’s portfolio in Egypt to eight properties in operation and under development.
The new hotel is in close proximity to tourist attractions such as the Giza Pyramids Plateau and the Grand Egyptian…
IHG operates five hotels in Egypt, with nine hotels in the development pipeline.
Over 210 Hyatt Regency urban and resort locations are operating in more than 30 countries worldwide.
IHG has a growing pipeline for the upscale brand with properties in Saudi Arabia, Qatar and Oman.
PickAlbatros Hotels secured $23m of mezzanine debt funding from fund manager Vantage Capital.
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