IHG Indicators First Vacation Inn Categorical Lodge in Egypt

Darkish/Gentle Mode
(27/06/24)
 IHG has signed a administration settlement with Arkan
Palm for Actual Property Funding for the primary Vacation Inn Categorical
lodge in Egypt.

Scheduled to open in 2027, services on the
200-key Vacation Inn Categorical West Cairo 205 will embody two
assembly venues, a selection of F&B and shops, in addition to a
health centre.

This isn’t the primary time that the 2 corporations
are working collectively. Arkan Palm for Actual Property Funding
efficiently delivered an on-brand Crowne Plaza lodge in West
Cairo in February 2022. The group can be growing a 250-key
InterContinental West Cairo 205, due in 2028, and the 140-key voco
West Cairo 205 Suites, set for completion in 2026.

“We are excited to continue our fruitful
partnership with IHG Hotels & Resorts to introduce the first
Holiday Inn Express in Egypt. This project not only reinforces our
longstanding partnership, but is also testament to our shared
commitment to elevating Egypt’s hospitality sector,” stated Engineer
Amr Badreldine, CEO of Arkan Palm for Actual Property Funding. “We
believe in delivering exceptional experiences, and the
introduction of Holiday Inn Express is in line with our vision to
provide high-quality accommodation. We are confident that this new
addition will set new standards in the industry and cater to the
diverse needs of modern travelers, whether they are here for
business or leisure.”

IHG at present has seven accommodations working throughout
4 manufacturers in Egypt, together with InterContinental, Crowne Plaza,
Vacation Inn and Staybridge Suites.

The corporate additionally boasts a pipeline of 19 accommodations
resulting from open throughout the subsequent 5 years throughout the nation.

“Our expansion in Egypt with our trusted partners
at Arkan Plam for Real Estate Investment underscores our
commitment to Cairo’s hospitality sector and supporting Egypt’s
National Tourism Strategy,” stated Haitham Mattar, Managing
Director, India, Center East & Africa, IHG. “The new Holiday Inn
Express West Cairo 205 will provide an elevated experience to
smart travellers with next generation guest rooms and public
spaces. We are confident that the hotel will be the first choice
for an increasing number of travellers to Egypt who need a simple,
engaging place to rest or get their work done.”

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