IHG Hotels & Resorts has signed management agreements with Misr Holanda and Avenue for Development to bring Holiday Inn Aswan and Holiday Inn Resort New Aswan to the market, adding a total of 400 keys to IHG’s growing Egypt portfolio. The agreements, signed with Misr Holanda & Avenue for Development, will bring Holiday Inn Aswan & Holiday Inn Resort New Aswan on the market, adding 400 keys to IHG’s growing Egypt Portfolio. Holiday Inn is one of the most iconic and trusted hospitality brand in the world, with over 1,200 hotels. The brand is rooted in a service philosophy that focuses on creating brighter experiences and genuine moments of connectivity. Its goal is to help guests make the most out of every trip. Holiday Inn Aswan, which will have 200 keys, will be located near the city centre and the major tourist attractions. Holiday Inn Resort New Aswan is located in a newly developed part of New Aswan and will offer quality branded accommodations. The resort is set to open in 2030 and will have 200 rooms that are designed to appeal travellers who want a resort-style experience in a destination defined for its natural beauty and rich cultural heritage. We are proud to continue that legacy with the signing of Holiday Inn Aswan & Holiday Inn Resort New Aswan. This expansion will take place in one of Egypt’s most important tourist gateways. Aswan continues attracting both domestic and foreign travellers. These signings allow us meet the growing demand of high-quality branded accommodations with globally trusted brands. They also reflect our long-term commitment to Egypt and the strength of our partnerships with local owners as we continue to grow in this important market.”ADVERTISEMENTCommenting on the signing, Dr. Eng. Ibrahim Sadek is the CEO of Misr Holanda for Tourism and Hotel Investment and Avenue for Development. He said: “Our collaboration reflects our confidence and trust in IHG’s strong brand portfolio and operational experience. Holiday Inn Aswan, Holiday Inn Resort New Aswan, and Holiday Inn Aswan are important additions to our growing hospitality sector. We see a lot of potential in the area for a high-quality international hospitality offering to serve both local and foreign visitors. We are confident that the Holiday Inn resort hotel, with IHG’s expertise and the strength in the Holiday Inn brand will be an important addition to the destination’s hospitality landscape. “Aswan is one of Egypt’s most fascinating tourism destinations, celebrated by its stunning Nile scenery, rich Nubian cultures, and exceptional concentrations of ancient heritage sites. Aswan’s strategic location along the Nile, its rich history, and the proximity to attractions like the Temple of Philae continue to position it as a key tourist hub. It offers a unique blend of natural and cultural beauty, as well as river-based travel and iconic attractions. The Group’s commitment to Egypt’s tourism sector is further emphasized by the pipeline of 23 hotels that are scheduled to open over the next few years.
