IHG confirms two additional properties in Cairo

  • Date: 17-May-2023
  • Source: Gulf Business
  • Sector:Real Estate
  • Country:Egypt
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IHG confirms two additional properties in Cairo

IHG Hotels and Resorts has partnered with Arkan Palm for Real Estate Investment to build two new hotels in Egypt’s capital of Cairo. The InterContinental West Cairo 205 is scheduled to open in January 2028, while the voco West Cairo 205 Suites will open by June 2026. The two hotels will be a part of the 1 million sqm mixed-use 205 an Arkan Palm Development in West Cairo, which will also feature offices, residential units, retail outlets, business parks and hospitals. The dual hotel signing will add 390 rooms to IHG’s portfolio in Egypt. It currently has seven hotels operating across four brands in Egypt, including InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites, besides a pipeline of 13 hotels due to open in the next two-five years. The InterContinental West Cairo 205 will feature 250 keys and offer four dining options, including an all-day dining, specialty restaurant, a lobby lounge and a bar. The hotel’s meeting and events space will total 1,110 sqm, including a ballroom. The hotel will also include a club lounge, spa, health club and swimming pool. The voco West Cairo 205 Suites meanwhile will feature 140 rooms and one dining option as well as a grab-and-go