Jaz to inaugurate three new hotels in Egypt’s Hurghada, Marsa Alam this summer

Travco hospitality arm Jaz Hotel Group will inaugurate this summer two new hotels in Hurghada and a third in Marsa Alam at a cost of EGP 1 mn, Chairman Alaa Akel tells Al Mal. The hotels have a combined total of 700 rooms. Jaz is pushing ahead with plans to build eight new hotels in the two resort towns at a cost of EGP 4 bn, and intends to develop eight others in Marsa Alam over the next four to five years.