Marriott International

World’s largest hotel chain , Marriott International is doubling down on Egypt as the world’s largest hotel company moves to capture rising tourism demand in one of Africa’s biggest travel markets. The US hospitality giant has signed an agreement with Egyptian developers Misr Italia Properties and People & Places Developments to build nine new hotels and resorts across the country, adding more than 1,800 hotel rooms and branded residences as Egypt accelerates efforts to become a leading global tourism destination. The agreement covers projects in Egypt’s fast-growing coastal and urban destinations, including mixed-use developments combining hotels, luxury residences and commercial facilities.

The expansion comes as Egypt ramps up investment in tourism infrastructure, aiming to accommodate a growing influx of international visitors while attracting more foreign capital into its hospitality and real estate sectors. 1 billion). DON'T MISS THIS: Egypt moves ahead with $1bn marina and hotel project on Red Sea Beyond expanding hotel capacity, the developments are expected to generate around 6,000 direct and indirect jobs and accommodate approximately 373,000 tourists every year once fully operational. Marriott’s growing North Africa strategy For Marriott, the deal reinforces its long-term commitment to North Africa, where governments are investing heavily in airports, transport links, new cities and tourism infrastructure to diversify their economies.

The company already operates thousands of properties globally and continues to expand aggressively across emerging markets where rising travel demand is creating new opportunities for international hotel brands. Speaking during the signing ceremony in New Alamein City, Egyptian Prime Minister Mostafa Madbouly said the agreement supports the country’s strategy to expand hotel capacity as international visitor numbers continue to rise. ” The ceremony was also attended by Tourism Minister Sherif Fathy, Housing Minister Randa El-Menshawy and senior executives from Marriott, Misr Italia Properties and People & Places Developments.

DON'T MISS THIS: Egypt’s biggest developer, led by billionaire Hisham Talaat Moustafa, doubles down on tourism with plan to build one of the Middle East’s biggest hotel portfolios Egypt’s infrastructure push The latest agreement reflects a broader shift in Egypt’s development strategy. Over the past several years, the government has invested billions of dollars in roads, utilities, new urban centres and transport infrastructure, creating fresh opportunities for private investors in hospitality, entertainment and real estate. Housing Minister Randa El-Menshawy said the government is focusing on tourism projects within newly developed cities, arguing that improved infrastructure is making these locations increasingly attractive for international investors.

Officials are also making additional land available for hotel and entertainment developments as the country seeks to increase accommodation capacity ahead of future tourism growth.