Hilton to add nine new hotels in Egypt within five years

Hilton Worldwide is planning to expand in Egypt with 2,390 rooms in nine new hotels within five years, Hilton's Vice President of Development for MENA and Turkey Carlos Khneisser tells Al Borsa. The company will focus on opening more new hotels outside Cairo, with new locations including Port Said, Ain Sokhna, and New Damietta. Hilton recently signed a contract with Mangroovy for Real Estate & Tourism Investment to manage a new hotel in El Gouna’s Mangroovy resort.