Hotel101 Global, a subsidiary of DoubleDragon Corporation, has announced a significant expansion into Egypt with the signing of a definitive agreement to develop Hotel101-Cairo West. The new hotel, set to be one of the largest in Cairo, will feature approximately 750 rooms on a 15,984 square metre site in Hay Al Ashgar, strategically located near the Giza Pyramids and the Grand Egyptian Museum.
The project is expected to generate a total value of approximately 5.465 billion Egyptian Pounds (US$102.09 million) and is slated for completion by 2029. This development marks the first major Filipino hotel brand to enter the Egyptian market, highlighting Hotel101's global growth strategy.
Hotel101-Cairo West will offer 4-star amenities at competitive prices, including a ballroom, conference centre, and various leisure facilities. The location provides excellent connectivity via major roads and proximity to Sphinx International Airport, catering to both domestic and international travellers.
The agreement is part of a broader collaboration with IGI Holding's affiliate, WNTR Property & Hospitality, leveraging IGI's extensive experience in Egypt's real estate sector. The Sheta family, leading IGI Group since 1942, has been instrumental in diversifying its business interests across various industries.
This expansion into Egypt is a pivotal step in Hotel101's vision of establishing a million uniform rooms across 100 countries, further solidifying its presence as a global hospitality brand. The development is subject to customary approvals and is expected to enhance cultural tourism in the region.
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