The Abu Dhabi Touristic Investment Company (ADTIC) is planning to use the current covid-induced low occupancy period to revamp and modernize its hotels in Egypt, Chairman Mohammed Saif Al Suwaidi said, according to Emirates news agency WAM. Al Suwaidi didn’t disclose how much the company would invest or provide a timeframe. ADTIC owns the Mercure Hurghada Hotel and Movenpick in Sharm El Sheikh, among others in Cairo, Hurghada and South Sinai.

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