{"id":605096,"date":"2018-12-20T07:51:20","date_gmt":"2018-12-20T07:51:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/odes-agreement-with-thomas-cook-worth-egp-200-mn\/"},"modified":"2018-12-20T07:51:20","modified_gmt":"2018-12-20T07:51:20","slug":"odes-agreement-with-thomas-cook-worth-egp-200-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/odes-agreement-with-thomas-cook-worth-egp-200-mn\/","title":{"rendered":"ODE\u2019s agreement with Thomas Cook worth EGP 200 mn"},"content":{"rendered":"<p>Orascom Development Egypt (ODE)\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/19\/ode-inks-agreement-with-thomas-cook-to-develop-hotel-rebrand-another-in-gouna\/\">agreement with Thomas Cook<\/a> to develop a hotel and rebrand another in the Red Sea\u2019s El Gouna resort town is estimated to be worth EGP 200 mn, <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/224725_2.pdf\">it said in an EGX disclosure (pdf)<\/a>. Orascom Hotels Management (OHM), an ODE subsidiary, will develop Casa Cook Hotel, which is expected to open as early as October 2019, and rebrand Arena Inn into Cook\u2019s Club Hotel, which is expected to open in the summer of 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orascom Development Egypt (ODE)\u2019s agreement with Thomas Cook to develop a hotel and rebrand another in the Red Sea\u2019s El Gouna resort town is estimated to be worth EGP 200 mn, it said in an EGX disclosure (pdf). Orascom Hotels Management (OHM), an ODE subsidiary, will develop Casa Cook Hotel, which is expected to open [&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":[72,256,9378,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605096","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-enterpriseam","tag-orascom-development-egypt","tag-thomas-cook","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"947299c3-638c-4a76-af83-72090987f612","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"ODE\u2019s agreement with Thomas Cook worth EGP 200 mn","related_issue":[605063],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.e0979098-cba5-4d2c-bf95-2033d4130d74.mp3"},"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>ODE\u2019s agreement with Thomas Cook worth EGP 200 mn - 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\/2018\/12\/20\/odes-agreement-with-thomas-cook-worth-egp-200-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ODE\u2019s agreement with Thomas Cook worth EGP 200 mn\" \/>\n<meta property=\"og:description\" content=\"Orascom Development Egypt (ODE)\u2019s agreement with Thomas Cook to develop a hotel and rebrand another in the Red Sea\u2019s El Gouna resort town is estimated to be worth EGP 200 mn, it said in an EGX disclosure (pdf). Orascom Hotels Management (OHM), an ODE subsidiary, will develop Casa Cook Hotel, which is expected to open [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/odes-agreement-with-thomas-cook-worth-egp-200-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-20T07:51:20+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\/2018\/12\/20\/odes-agreement-with-thomas-cook-worth-egp-200-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/odes-agreement-with-thomas-cook-worth-egp-200-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ODE\u2019s agreement with Thomas Cook worth EGP 200 mn\",\"datePublished\":\"2018-12-20T07:51:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/odes-agreement-with-thomas-cook-worth-egp-200-mn\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Orascom Development Egypt\",\"Thomas Cook\",\"tourism\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/odes-agreement-with-thomas-cook-worth-egp-200-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/odes-agreement-with-thomas-cook-worth-egp-200-mn\/\",\"name\":\"ODE\u2019s agreement with Thomas Cook worth EGP 200 mn - 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Orascom Hotels Management (OHM) will develop Casa Cook Hotel, which is expected to\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":596795,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/ode-to-open-two-new-gouna-hotels-in-coming-months\/","url_meta":{"origin":605096,"position":1},"title":"ODE to open two new Gouna hotels in coming months","author":"enterpriseam admin","date":"8 July 2019","format":false,"excerpt":"Orascom Development Egypt (ODE) will open two new hotels in Red Sea resort town El Gouna in the coming few months, CEO Khaled Bishara said. ODE had signed an EGP 200 mn agreement with Thomas Cook to develop a Gouna hotel and rebrand another in the same town. The agreement\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":595367,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/24\/thousands-of-thomas-cook-reservations-in-egypt-canceled-as-company-goes-bust\/","url_meta":{"origin":605096,"position":2},"title":"Thousands of Thomas Cook reservations in Egypt canceled as company goes bust","author":"enterpriseam admin","date":"24 September 2019","format":false,"excerpt":"Thousands of Thomas Cook reservations in Egypt canceled as company goes bust: Egypt could lose thousands of tourists after British travel group Thomas Cook yesterday went into liquidation. Local operator Blue Sky Group was expecting 100k tourists to visit Egypt via Thomas Cook in 2020 and has canceled 25k reservations\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\/2019\/9\/2491.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599292,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/24\/thomas-cook-egypt-holiday-bookings-are-up-as-company-prepares-to-open-two-new-hotels-in-el-gouna\/","url_meta":{"origin":605096,"position":3},"title":"Thomas Cook Egypt holiday bookings are up as company prepares to open two new hotels in El Gouna","author":"enterpriseam admin","date":"24 June 2019","format":false,"excerpt":"British travel company Thomas Cook\u2019s summer bookings in Egypt are up 15% y-o-y, while winter 2019\/2020 bookings have increased 57% y-o-y, the company\u2019s chief of tour operating said in a press release. The company also confirmed that it will open two new hotels in El Gouna later this year. The\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":596220,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/earnings-watch-orascom-development-egypt-arabian-cement\/","url_meta":{"origin":605096,"position":4},"title":"Earnings watch: Orascom Development Egypt, Arabian cement","author":"enterpriseam admin","date":"21 August 2019","format":false,"excerpt":"EARNINGS WATCH- ODE doubles y-o-y profit to EGP 205 mn in 2Q2019: Orascom Development Egypt (ODE) doubled its net profits in 2Q2019 to EGP 205.2 mn, up from EGP 101.5 mn in the same period last year, according to an EGX earnings statement (pdf). Revenues for the quarter climbed 50.9%\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":591471,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/08\/egyptian-bnaire-samih-sawiris-acquires-defunct-thomas-cooks-german-business\/","url_meta":{"origin":605096,"position":5},"title":"Egyptian b\u2019naire Samih Sawiris acquires defunct Thomas Cook\u2019s German business","author":"enterpriseam admin","date":"8 December 2019","format":false,"excerpt":"M&A WATCH- Samih Sawiris acquires Thomas Cook\u2019s German business: The Samih Sawiris majority-owned Raiffeisen Touristik Group (RT) has acquired the German subsidiary of now-bankrupt British travel giant Thomas Cook, Sawiris\u2019 Orascom Development Egypt (ODE) said in a press release (pdf). The acquisition, for which no value was disclosed, will bring\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/605096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=605096"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/605096\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/605063"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=605096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=605096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=605096"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=605096"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=605096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}