IHG Signs Double Hotel Deal In Egypt With Arabia Hotels
April 23, 2018 // Franchising.com // IHG (InterContinental Hotels Group), one of the world’s leading hotel companies, announced the signing of two new hotels in Giza, Egypt - Holiday Inn Giza Sun Capital and Staybridge Suites Giza Sun Capital, in partnership with Arabia Hotels, a subsidiary of Arabia Holding. The announcement was made at the Arabian Travel Market 2018. The new development aligns with IHG’s strategy for portfolio expansion across Middle East and North Africa (MENA), by strengthening the presence in primary markets.
Scheduled to open in 2023, and with rooms directly overlooking the Pyramids, the 200-room Holiday Inn Giza Sun Capital and 150-rooms Staybridge Suites Giza Sun Capital will be the first IHG hotels to open in the area. Both hotels will be part of Sun Capital, a mixed-use project that will include the largest commercial area in Egypt, a luxury commercial mall - the first outlet mall in Africa, an Egyptian Cultural themed park, an international university and an international school. Additionally, the hotels are strategically located to carter to business, leisure and long stay travellers, sitting 30 minutes away from the city centre, and a convenient 15-minute drive from the 6th October Airport.
Guests at the Holiday Inn Giza Sun Capital will have a choice of 2 dedicated dining options, as well as a gym and an outdoor pool to relax and spend time with their family. Business travellers will also have access to two meeting rooms, a business centre as well as a ballroom for large scale events and weddings.
Staybridge Suites Giza Sun Capital will be a great alternative for extended-stay guests seeking top amenities and a home-like environment. The hotel will also feature an outdoor pool and gym.
Pascal Gauvin, Managing Director, India, Middle East & Africa, IHG said of the signing: “We are delighted to be partnering with an esteemed developer, Arabia Hotels SAE to bring our brands Holiday Inn and Staybridge Suites to Giza. Egypt is an important market for us and we have a strong presence in the country with over 2000 rooms, and robust pipeline across our brands.
He added - with this signing, we are happy to be a part of Sun Capital, the upcoming commercial and entertainment hub in Giza, and have a strong presence with our two brands - Holiday Inn and Staybridge Suite, that are already well known in the country. ””
Eng. Tarek Shoukry, Chairman and CEO of Arabia Hotels commented: “We are excited to be working with a global player such as IHG and bringing their world class brands, Holiday Inn and Staybridge Suites® into our portfolio. The hotels have an advantage of a fantastic location which will give guests an easy access to surrounding tourist attractions. We are confident that a great location coupled with top-notch amenities that both brands are associated with, will make Holiday Inn Giza Sun Capital and Staybridge Suites Giza Sun Capital a popular choice amongst the travellers visiting Giza.”
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®, Holiday Inn Resort®, avid™ hotels, Staybridge Suites® and Candlewood Suites®.
IHG franchises, leases, manages or owns more than 5,300 hotels and nearly 800,000 guest rooms in almost 100 countries, with nearly 1,700 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 375,000 people work across IHG’s hotels and corporate offices globally.
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SOURCE IHG® (InterContinental Hotels Group)