EGOTH to sign EGP 85 mn contract to develop historic hotel next month

The state-owned General Company for Tourism and Hotels (EGOTH) will sign an EGP 85 mn contract with Plaza Inn next month to develop the Cosmopolitan Hotel, a subsidiary of the Three Corners Hotels and Resorts, Chairman Sherif El Bandari told Masrawy. The 3-star hotel in Bab Al Louq was built in 1902 and expanded in 1956.