What’s next for IHG? In an interview with Cairo Weekend’s Zeina Soufan, Managing Director for the Middle East and Africa at IHG Hotels & Resorts Haitham Mattar said (watch, runtime: 8:49) the group is capitalizing on the boom in Egypt’s hospitality market — supported by major infrastructure projects — to develop several hotels across the new capital, New Cairo, the North Coast, and the Red Sea. He said IHG aims to maintain a balance across its hotel portfolio, expanding beyond luxury brands to include more family-oriented options to better cater to family travelers from markets like Russia, Germany, and the UK.

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The new capital is getting three new hotels: Mattar added that IHG has signed agreements to develop three hotels in the new capital under the InterContinental, Crowne Plaza, and Holiday Inn brands. The three hotels will add 1k-1.2k rooms to IHG’s portfolio, with the first expected to open its doors in 2028 and the others following through 2031. Mattar said the group aims to expand its portfolio to 4k rooms in Egypt — its Voco North Coast hotel is set to open in 2029 and its InterContinental hotels in New Alamein is set to open its doors in 2030.