6 billion LE to establish 81 new hotels over two years

The coming two years will witness the establishment of 81 new hotels, among which are 74 stable hotels and seven floating hotels, at a cost reaching 6 billion LE.

A statement issued by the Egyptian chamber for hotel establishments today said that the aim is to reach a capacity of 150,000 beds during the coming five years, as the number of the current existing hotels is 360 stable hotels and 216 floating hotels, with total rooms numbering 80,000 according to figures of this statement.

These new hotels will commence working in April, as a Four Seasons hotel will be opened in Egypt, the first hotel for this international company in Middle East.