CHI opens new Egypt hotel
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CHI Hotels & Resorts has announced it will operate a second hotel in Sharm El Sheikh. From 1 October, the 254-room hotel will be re-named Ramada Plaza, Naama Bay, Sharm El Sheikh (previously Royal Plaza Hotel). “It is our second hotel management agreement in Egypt within the space of one year,” said CHI CEO and Managing Director Tony Potter. “Our other hotel under management in the region, the Tiran Island Hotel, has performed well over the past year and this has encouraged us to further explore other opportunities in this vastly popular country of Egypt.” He revealed the operator would open a third property, the Corinthia Resort Hotel, later this year.
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