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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 5 sources · 25 days · First seen · Last updated
International hotel expansion in North Africa
Overview
International hotel groups are expanding their operations across North Africa, specifically in Egypt and Morocco. In Egypt, Radisson Hotel Group has partnered with Al Nasser Real Estate Development to manage a new project in the New Administrative Capital, marking the brand’s first entry into that location.
In Morocco, hospitality investment is increasing in preparation for the 2030 World Cup. Radisson Hotel Group has announced a strategy to grow its Moroccan portfolio to 30 establishments by 2030, targeting cities such as Rabat, Tangier, Agadir, and Fez. Additionally, Alliances Développement Immobilier is strengthening its partnership with the Turkish chain Rixos to introduce luxury accommodations to the region.
Entities
Radisson Hotel Group · George Van Oosten · New Administrative Capital · Radisson Blu Saidia · Alliances Développement Immobilier
Timeline
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4 days ago
[BUSINESS] 2 sourcesInternational hotel groups expand presence in MoroccoMajor hotel groups Radisson and Rixos are expanding their presence in Morocco, targeting luxury and diverse hospitality markets ahead of the 2030 World Cup.
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28 days ago
[BUSINESS] 3 sourcesRadisson Hotel Group expands presence in Egypt and MoroccoRadisson Hotel Group is expanding its footprint through a new management partnership in Egypt's New Administrative Capital and a renovation and restructuring plan at Radisson Blu Saidia in Morocco.
Sources
alaqaratalyoum.com · alnaharegypt.com · hnews.ma · lemaroc360.com · lenouvelliste.ma