Swiss-Belhotel International has signed an agreement to manage a property in Alexandria, which will be part of a mixed-use complex overlooking the Mediterranean Sea.
This marks Swiss-Belhotel International’s first foray into Egypt.
Swiss-Belhotel Marseilia on Alexandria Beach will open in 2018, offering more than 200 four-star international-standard hotel rooms and apartments, over 500 residential units, and culinary and retail options.
Swiss-Belhotel International chairman and president Gavin Faull said: “Swiss-Belhotel International is delighted to announce our first project in Egypt in partnership with Marseilia Group, one of the most prestigious developers in the country."
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Marseilia Property Investment chairman Yasser Ragab added: “We have identified a gap in the market to provide a high standard of hospitality and residential living in Egypt and now we have found the best partner to deliver our vision to guests.
“We have secured one of the last plots of land on the beachfront overlooking the Mediterranean and finalised the planning of what will be Egypt’s first mixed-use development consisting of hotel, hotel apartments and residential apartments appealing to the growing numbers of tourists and residents in the destination.”
The hotel will focus on offering a community lifestyle with integrated services and facilities ideal for families.
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