ARCO signs contract with AccorHotels to manage Fairmont hotel in Sun City

ARCO will have AccorHotels to manage Fairmont Pyramids Hotel and Residence in Sun City in Giza near the pyramids (not the mall in Heliopolis), Al Borsa reports. The opening is scheduled for 2022. The new Sun City project is set to include three hotels, a medical center, a school, two universities, an open museum, housing units, and malls, Al Masry Al Youm reports. We had noted last November ARCO is investing EGP 32 bn in several projects over the next five years.