Pickalbatros Hotels launches new EGP 1 bn hotel and aqua park in Sharm El Sheikh

Pickalbatros Hotels launched its newest EGP 1 bn hotel in Sharm El Sheikh on Tuesday in a ceremony featuring Portuguese football star Cristiano Ronaldo and his family, Al Borsa said on Tuesday. The project will open on 19 May and features what company officials claim is the Middle East’s largest water park.