{"id":593541,"date":"2019-10-01T04:00:52","date_gmt":"2019-10-01T04:00:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/01\/palm-hills-completes-two-hotels-in-egypts-north-coast\/"},"modified":"2019-10-01T04:00:52","modified_gmt":"2019-10-01T04:00:52","slug":"palm-hills-completes-two-hotels-in-egypts-north-coast","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/01\/palm-hills-completes-two-hotels-in-egypts-north-coast\/","title":{"rendered":"Palm Hills completes two hotels in Egypt\u2019s North Coast"},"content":{"rendered":"

Palm Hills has completed two boutique hotels in its Hacienda White and Hacienda Bay resorts in Sahel at a cost of EGP 300 mn, the real estate developer said in a press release (pdf)<\/a>. The Mazeej hotel in Hacienda White includes 34 rooms and four suites, while Hacienda Bay's Le Sidi hotel offers 28 suites.<\/p>\n

Corrected on 1 October 2019<\/em><\/p>\n

A previous version of this article incorrectly flipped around the locations of the Mazeej and Le Sidi hotels.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Palm Hills has completed two boutique hotels in its Hacienda White and Hacienda Bay resorts in Sahel at a cost of EGP 300 mn, the real estate developer said in a press release (pdf). The Mazeej hotel in Hacienda White includes 34 rooms and four suites, while Hacienda Bay's Le Sidi hotel offers 28 suites. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7377],"tags":[130,72,955,125,354,83,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-593541","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-construction","tag-enterpriseam","tag-hospitality","tag-investment-watch","tag-palm-hills-developments","tag-real-estate","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"f32a781d-e75b-4792-9928-b688f5091ac1","is_powered_by":true,"section_story_id":"2d62979a-6e72-4d91-947d-ce713ee48a81","story_type":"1","photo_url":"","photo_position":"above","related_issue":[593506],"teaser":"","voice_url":""},"yoast_head":"\nPalm Hills completes two hotels in Egypt\u2019s North Coast - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/01\/palm-hills-completes-two-hotels-in-egypts-north-coast\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palm Hills completes two hotels in Egypt\u2019s North Coast\" \/>\n<meta property=\"og:description\" content=\"Palm Hills has completed two boutique hotels in its Hacienda White and Hacienda Bay resorts in Sahel at a cost of EGP 300 mn, the real estate developer said in a press release (pdf). The Mazeej hotel in Hacienda White includes 34 rooms and four suites, while Hacienda Bay's Le Sidi hotel offers 28 suites. 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We incorrectly said yesterday that the North Coast hotels are in the opposite resorts. Mazeej is being developed in partnership with G\u2019nK Hospitality, while the Lemon Tree and Co is partnering with Palm\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572513,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/palm-hills-signs-egp-365-mn-loan-with-bm-aaib-to-finance-hacienda-bay\/","url_meta":{"origin":593541,"position":1},"title":"Palm Hills signs EGP 365 mn loan with BM, AAIB to finance Hacienda Bay","author":"enterpriseam admin","date":"28 June 2020","format":false,"excerpt":"Real estate developer Palm Hills Developments has signed a EGP 365 mn loan agreement with Banque Misr and the Arab African International Bank to finance construction at its Hacienda Bay compound in the North Coast, the company said in a regulatory filing (pdf).","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":663640,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/13\/ghada-waly-ismail-mansour-join-palm-hills-board\/","url_meta":{"origin":593541,"position":2},"title":"Ghada Waly, Ismail Mansour join Palm Hills\u2019 board","author":"enterpriseam admin","date":"13 April 2025","format":false,"excerpt":"The company also greenlit a EGP 1.3 bn loan to finance the expansion of Casa Cook hotel in Hacienda White","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/673.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601723,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/sarwa-capital-concludes-egp-760-mn-phd-securitization\/","url_meta":{"origin":593541,"position":3},"title":"Sarwa Capital concludes EGP 760 mn PHD securitization","author":"enterpriseam admin","date":"7 March 2019","format":false,"excerpt":"Sarwa Capital announced that it has concluded the EGP 760 mn securitization of Palm Hills Development\u2019s receivables portfolio, which was made up of 670 delivered homes in the Golf View, Golf Extensions, Palm Hills Katameya Extension (1&2), Hacienda Bay and Hacienda White 2 projects. 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