Hospitality company Accor signed a renovation and management contract for the Promenade beach resort in Sharm El Sheikh, according to the local press. The resort will be rebranded as Pullman Hotel and Resorts, a subsidiary of Accor, in 2021. The renovations will be completed by January 2023. Accor Hotels has been planning to open more than 30 hotelsin Egypt over the next two years as the country’s tourism industry recovers.