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Abu Dhabi Tourism, Accor Sign Management Deal For Sofitel Legend Pyramids Hotel
Nov 23, 2024•over 1 year ago
Contract Type
agreement
GizaHospitalityTourism
Description
Abu Dhabi Tourism Investment Company has signed an agreement with French hospitality group Accor for the management and operation of the Sofitel Legend Pyramids Hotel in Giza. The company has allocated approximately $100 million for the establishment of the hotel near the Grand Egyptian Museum (GEM), with construction set to commence in December 2024 and the expected opening date in May 2027.
Company Information
Company
Abu Dhabi Tourism Investment Company
Location
Giza, Giza, Egypt
About
Abu Dhabi Tourism Investment Company, owned by Abu Dhabi Development Fund, is a major player in the tourism and hospitality industry, with a significant portfolio of investments and projects.
Predictive Intelligence
Strategic
ML-powered predictions for Abu Dhabi Tourism Investment Company's next move
GizaHospitalityTourism