{"id":595886,"date":"2019-08-08T04:00:04","date_gmt":"2019-08-08T04:00:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/rixos-eastern-co-for-investment-sign-agreement-to-renovate-hurghada-hotel\/"},"modified":"2019-08-08T04:00:04","modified_gmt":"2019-08-08T04:00:04","slug":"rixos-eastern-co-for-investment-sign-agreement-to-renovate-hurghada-hotel","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/rixos-eastern-co-for-investment-sign-agreement-to-renovate-hurghada-hotel\/","title":{"rendered":"Rixos, Eastern Co. for Investment sign agreement to renovate Hurghada hotel"},"content":{"rendered":"<p>Rixos Hotels has inked a partnership agreement with the Eastern Company for Investment and Tourism Development to \u201ctakeover and renovate an existing beachfront property\u201d in Hurghada\u2019s Makadi Bay, <a href=\"https:\/\/ent.news\/2019\/8\/959.pdf\">according to a press release (pdf)<\/a>. The property will be rebranded as an all-inclusive luxury resort and renamed Rixos Makadi Bay. The hotel is slated for inauguration in 2020, upon the completion of phase one of the two-phase renovation plan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rixos Hotels has inked a partnership agreement with the Eastern Company for Investment and Tourism Development to \u201ctakeover and renovate an existing beachfront property\u201d in Hurghada\u2019s Makadi Bay, according to a press release (pdf). The property will be rebranded as an all-inclusive luxury resort and renamed Rixos Makadi Bay. The hotel is slated for inauguration [&hellip;]<\/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":[72,955,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595886","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-enterpriseam","tag-hospitality","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"b0fb5fdb-d135-437e-95bc-ab0f3f9898f8","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595857],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Rixos, Eastern Co. for Investment sign agreement to renovate Hurghada hotel - 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\/08\/08\/rixos-eastern-co-for-investment-sign-agreement-to-renovate-hurghada-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rixos, Eastern Co. for Investment sign agreement to renovate Hurghada hotel\" \/>\n<meta property=\"og:description\" content=\"Rixos Hotels has inked a partnership agreement with the Eastern Company for Investment and Tourism Development to \u201ctakeover and renovate an existing beachfront property\u201d in Hurghada\u2019s Makadi Bay, according to a press release (pdf). The property will be rebranded as an all-inclusive luxury resort and renamed Rixos Makadi Bay. The hotel is slated for inauguration [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/rixos-eastern-co-for-investment-sign-agreement-to-renovate-hurghada-hotel\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-08T04:00:04+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/rixos-eastern-co-for-investment-sign-agreement-to-renovate-hurghada-hotel\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/rixos-eastern-co-for-investment-sign-agreement-to-renovate-hurghada-hotel\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Rixos, Eastern Co. for Investment sign agreement to renovate Hurghada hotel\",\"datePublished\":\"2019-08-08T04:00:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/rixos-eastern-co-for-investment-sign-agreement-to-renovate-hurghada-hotel\/\"},\"wordCount\":79,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"hospitality\",\"tourism\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/rixos-eastern-co-for-investment-sign-agreement-to-renovate-hurghada-hotel\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/rixos-eastern-co-for-investment-sign-agreement-to-renovate-hurghada-hotel\/\",\"name\":\"Rixos, Eastern Co. for Investment sign agreement to renovate Hurghada hotel - 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The company recently signed a loan agreement for the same amount with the National\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624479,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/rixos-plans-to-double-number-of-hotels-rooms-in-egypt-next-year\/","url_meta":{"origin":595886,"position":4},"title":"Rixos plans to double number of hotels rooms in Egypt next year","author":"enterpriseam admin","date":"10 September 2018","format":false,"excerpt":"**#6 INVESTMENT WATCH- Rixos plans to double number of hotels rooms in Egypt next year: Dubai-based hotel chain Rixos Hotels plans to expand its business in Egypt by doubling the number of existing hotel rooms over the next year to 4,000 rooms and surpassing 10,000 rooms within the next five\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":569344,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egoth-signs-egp-400-mn-loan-agreement-with-nbe-to-renovate-mena-house\/","url_meta":{"origin":595886,"position":5},"title":"EGOTH signs EGP 400 mn loan agreement with NBE to renovate Mena House","author":"enterpriseam admin","date":"20 February 2020","format":false,"excerpt":"The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 400 mn loan agreement with the National Bank of Egypt to fund the renovation of the historic palace adjacent to the Marriott Mena House hotel, reports Masrawy. 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