Citystars – Fairmont Soma Bay Hotel – Egypt - Project Profile
"Citystars – Fairmont Soma Bay Hotel – Egypt - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Citystars Properties (Citystars) is planning to construct the Fairmont hotel in Hurghada, Egypt.
The project involves the construction of a 300-room hotel.
The project includes the construction of 150 residences, suites, 2,508m2 of meeting and event space, a wellness center, a spa, an all-day dining room, lobby lounge and bar, a beach restaurant and a specialty restaurant, parking and related facilities, and the installation of safety and security systems.
Maher Milad Iskander & Co. has been appointed as a legal advisor.
In April 2015, FRHI Hotels & Resorts signed an agreement with Citystars to operate the hotel under the brand "Fairmont."
Planning activities are underway.
The project involves the construction of a 300-room hotel in Soma Bay on the Red Sea south of Hurghada, Egypt.
The US$170 million project includes the following:
1. Construction of 150 residences
2. Construction of suites
3. Construction of 2,508m2 of meeting and event space
4. Construction of a wellness center
5. Construction of all-day dining room
6. Construction of a lobby lounge and bar
7. Construction of a beach restaurant and a specialty restaurant
8. Construction of parking facility
9. Installation of safety and security systemsReasons To Buy