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FINANCIAL NEWS
Egypt welcomes three-hotel projects by FRHI
07 May 2014
(MENAFN) Luxury hotels company FRHI has revealed its plan to make a three-hotel mega project in Sharm el Sheikh, Egypt, according to Arabian Business.
The mega project, which is a part of its wider plan to make seven new Middle East projects, aims to double the company�s regional footprint by 2020.
The first phase of the project will include the Fairmont hotel, which comprises 457 guest rooms, 232 residences and the largest crystal lagoon in the world, and is due to open in 2015.
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