| 05 May 2009 |
|
Coral Signs First Venture in Cairo
- Text size
Expansion part of HMH plan to develop 100 hotels by 2012
Cairo's hotel landscape will soon welcome Coral Cosmopolitan Hotel - the first venture for Coral Hotels & Resorts in Egypt. This was announced at a special signing ceremony held at HMH - Hospitality Management Holdings stand at Arabian Travel Market.
Mr Abdel Aly Aziz, the owner of Coral Cosmopolitan Hotel said, 'We are extremely excited to be the first Coral hotel in Egypt. This new property is a definite boost to the range of accommodations now available in Cairo. With 85 rooms, two restaurants and two meeting rooms, Coral Cosmopolitan will offer outstanding facilities for both business and leisure travellers, and is set to open in the last quarter of 2010. I am heartened by HMH's continued commitment to the hospitality industry in the Middle East and look forward to a successful partnership and improvement of business and tourist infrastructure here.'
Michel said the industry was bracing for challenging times, given the slowdown in both business and tourist travel as a result of the credit crunch, but Coral Hotel's philosophy of providing five-star accommodation at affordable prices was paying off. 'Coral Cosmopolitan will give us a strategic edge in Egypt and will prove to be our gateway for expansion within the region. The fact that we are choosing to go ahead with our expansion plans shows we are not just building for today but for tomorrow. We are committed to investing in the growth and infrastructure of world class hotels in the region and other emerging markets worldwide.'
Coral Hotels & Resorts has 15 fully operational hotels across the Middle East and five more poised to open in a span of few months. The chain is also expanding globally with several projects now underway in Africa and many more in the pipeline in Asia - a sector that is expected to grow rapidly both in terms of business and touristic travel.
-Ends-
For further information please contact:
Hina Bakht
Vice President
MPJ (Marketing Pro-Junction)
P.O Box 66232
Dubai - UAE
Mob: +971 50 6975146
Tel: + 971 4 2128305
Fax: +971 4 2277127
h.bakht@mpj-pr.com
www.mpj-pr.com
© Press Release 2009
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
More News in Travel & Tourism
Loading ...
Post a Comment
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.