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FINANCIAL NEWS
Global hotel project in Sharm El-Sheikh on 250,000m square
04 Jan 2016
(MENAFN) According to Minister of Investment, improving the frame of hotels, increasing their competency, and training personnel in the areas of services and hospitality is “necessary”.
Therefore, an international hotel project in Sharm El-Sheikh with investments projected at USD 0.300bn on an area of 250,000 meters square.
The holding Co. for Tourism and Hotels will bear revision, development and modernization of the infrastructure of its hotels until tourism improves.
Additionally, the new hotel business project includes almost 800 hotel rooms and a variety of entertaining areas and services, along with an area of 100,000 square meters for the launch of city water games.
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