Radisson targets 30 Egypt hotels, resorts and branded residences by 2030
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Radisson Hotel Group plans to grow its Egyptian portfolio from five operating properties and eight under development to 30 hotels, resorts, serviced apartments and branded residences by 2030.
Radisson Hotel Group plans to expand its Egyptian portfolio to 30 hotels, resorts, serviced apartments and branded residences in operation and under development by 2030, up from five operating properties and eight under development, the Egyptian Gazette reported.
The group is expanding across Greater Cairo, the New Administrative Capital, the North Coast and the Red Sea, citing tourism growth, infrastructure investment and rising demand for internationally branded accommodation.
Its pipeline includes the 162-room Radisson Blu Resort El Alamein, a Radisson Collection Resort in Marsa Alam Port Venice, and serviced apartment projects in 6th of October City and the New Administrative Capital.
Ayman Ezzedine, Senior Director of Development for the Middle East, Northeast Africa and Pakistan at Radisson Hotel Group, said the target reflected the group's confidence in Egypt's long-term hospitality potential. He added that the company would continue working with local owners and investors to expand its resort and serviced apartment offerings for leisure, business and long-stay travellers.