New signing spurs IHG Hotels & Resorts' expansion in Egypt
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Officials at the signing.
IHG Hotels & Resorts, one of the world's leading hotel companies, has announced the signing of a management agreement with Pyramids Group for Urban Development to bring a new luxury hotel to Egypt - InterContinental Cairo New Capital.
Scheduled to open in early 2026, this signing reinforces IHG’s commitment to growing its brand portfolio in the country.
Joining Holiday Inn New Assiut Asayla, Hotel Indigo Mountain View North Coast, Hotel Indigo Mountain View icity New Cairo, Hotel Indigo Mountain View icity 6th of October City and Hotel Indigo Mountain View Ain El Sokhna, the latest development marks the sixth IHG hotel to be signed in Egypt this year.
Featuring 300 rooms, the hotel will be centrally located in the New Capital, a city in Cairo which was built as part of Egypt Vision 2030 to bolster the economic development of the country. It will be surrounded by landmarks such as the Presidential Palace, the Government Square, and the Opera.
The new development will offer leisure and business guests a range of dining options including an all-day and specialty restaurants, a rooftop bar, and café lounge. The hotel will also feature an outdoor and indoor pool, 250 sq.m. health club, 800 sq.m. spa, business centre, and eight meeting rooms.
IHG India, Middle East & Africa Managing Director Haitham Mattar said: “Egypt is an important market for us, and we are delighted to be a part of, and contribute to the economic growth of country with new signings this year, including the latest addition to our portfolio - InterContinental Cairo New Capital.
"We are honoured to partner with Pyramids Group for Urban Development for their 45,000 sq.m. mixed-use development in the New Administrative Capital in Cairo. We are confident that the new hotel will add value to this development and cater to its clientele as well as take the legacy of our luxury portfolio forward.”
Pyramids Group for Urban Development Chairman Hisham el Kholy said: “The concept of the development, its size and quality of the master plan makes it a unique destination. With IHG’s history and local experience in the country, combined with their standards and systems, we are confident that the hotel will be a success and offer our guests a luxurious stay within the New Capital.”
IHG currently operates five hotels in Egypt across eight brands including InterContinental, Crowne Plaza, Holiday Inn, and Staybridge Suites. A further nine hotels are in the pipeline, due to open within the next three to five years.-TradeArabia News Service
