September 19, 2024

Mardev Developments And Hilton Forges Strategic Partnership

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Mardev Developments has signed a partnership agreement with Hilton to launch Hilton Garden Inn Cairo New Zayed. Noting that the hotel, which is scheduled to be built on an area of 4 acres, will add modern hospitality features at reasonable prices.
Mardev Developments signs partnership agreement with Hilton to launch Hilton Garden Inn Cairo New Zayed. Image Courtesy: - Hilton

Zohdy Zahran, chairman, of Mardev Development stated: Hilton Garden Inn Cairo New Zayed will be part of a mixed-use development, conveniently located near lifestyle and retail outlets. Scheduled to open in 2028, the property will provide guests with modern and affordable accommodation in West Cairo.

Mardev Developments has signed a partnership agreement with Hilton to launch Hilton Garden Inn Cairo New Zayed
Mardev Developments has signed a partnership agreement with Hilton to launch Hilton Garden Inn Cairo New Zayed

According to Industry sources, this property is close to Sphinx International Airport and offers guests with easy access to some of the historical treasures of Giza and Cairo. Note that the hotel, which is scheduled to be built on an area of 4 acres, will add modern hospitality features at reasonable prices.

Zahran, stated that: “We are excited to partner with Hilton to bring the Hilton Garden Inn brand to New Zayed and provide visitors with spacious modern rooms and thoughtful amenities,” “Hilton has had a longstanding legacy in Egypt, and we are confident that this hotel will offer guests the renowned service the hospitality company is known for.”

He further stated “Hilton Garden Inn is located near various shops, in addition to its unique location near Sphinx International Airport. The hotel also provides its guests with easy access to important historical landmarks in Cairo and Giza. He added that Mardev Development launches Hilton Garden Inn in New Zayed City in partnership with the Hilton.”

Zohdy Zahran explained that Hilton Garden Inn comes within Menorca Zayed project, which is being developed by Mardev Developments, in New Zayed over 40.5 acres. including various villas, noting that this promising area, which has become known as Green October instead of the Green Belt, will become an important urban destination in the coming period, especially after the regulatory measures adopted by the government to develop this area.

He added that the company obtained a license to establish a hotel in the project instead of the commercial part under Ministerial Resolution No. 606, becoming one of the first companies to take these steps In New Zayed.

Zahran pointed out that the company is planning to start construction on the project by 2025, noting that the company has assigned the design work to Mohamed Hafez’s office, while Moharam Bakhoum is supervising implementation and construction.

Mardev Development’s Chairman stated that the company has achieved sales worth EGP 940mn in all its projects since the beginning of the year and aims to achieve EGP 600mn in the last quarter of this year, noting that the company is planning to expand into a coastal project next year and is studying investment opportunities in the North Coast and Ain Sokhna.

Carlos Khneisser, vice president, of development, Middle East & Africa, Hilton stated, “With tremendous opportunities for hotel development in Cairo, we continue with our plans to more than double our portfolio across Egypt to more than 30 hotels in the coming years. We are delighted to partner with Mardev Development to open Hilton Garden Inn Cairo New Zayed. The New Zayed district is thriving with new residential and commercial projects, and we look forward to providing guests with upscale and reliable accommodation in West Cairo.”

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