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Jaz Hotel Group to add 4 hotels to its management hotels in six months: CEO - Daily News Egypt

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Jaz Hotel Group to add 4 hotels to its management hotels in six months: CEO

The group's occupancy sees 18% hike in 9 months, says Akel


Travco subsidiary Jaz Hotel Group will add four hotels to its management hotels in six months, the CEO of Jaz Hotels Group and Chairperson of the Egyptian Hotels Association in Red Sea, Alaa Akel, told Daily News Egypt in an interview.

He declared that two out of the four hotels will be located in Somabay, one will be in Hurghada, and the rest will be located in Marsa Allam.

Concerning the number of rooms in each hotel, he explained that the hotel in Hurghada is under comprehensive renovation and will have a capacity of 232 rooms.

While concerning the two hotels in Somabay, he explained that they both are new hotels that are under construction, announcing that one will consist of 400 rooms, while the other will  have a capacity of 430 rooms.

Regarding the hotel in Marsa Allam, Akel revealed that it is a completely new hotel under construction, and is scheduled to be inaugurated in 1 April. It will consist of 238 rooms.

He revealed that currently the group is managing 47 hotels across Egypt, with 12,100 rooms, noting that the four new hotels will add 1,300 rooms, to reach 13,400 in May 2020.

In terms of occupancy rate, Akel stated that the group witnessed an increase of 18%, compared to the same period last year.

Akel stated that the occupancy rate in Red Sea hotels reached more than 80%, explaining that the Red Sea is witnessing a tourist boom of all nationalities.

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