Rixos Hotels is planning to inaugurate three new hotels in Hurghada by the end of 2019, Zawya reports. No details on the investment value of the new facilities were provided. The hotels — located in Makadi Bay, Magawish, and Sahl Hasheesh — will add 2,000 rooms to the hotel chain’s room supply in Egypt. This will double Rixos’ supply in the country as it currently manages three hotels, with 2,000 rooms. We have noted last year that Rixos is planning to surpass 10,000 rooms within the next five years.
More from Enterprise
Your points are currency, treat them like one
Most people treat credit card points like a pleasant surprise:…
How should young people think about money and budgeting?
Your income and your time are your biggest assets in…
Thndr is layering up its stock-trading platform and integrating wealth management
The platform has added on digital gold, fractional real estate,…
Blnk raises USD 37.1 mn to scale its consumer finance operations
The local fintech reached profitability last year and will use…