{"id":612560,"date":"2023-12-25T00:00:00","date_gmt":"2023-12-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/"},"modified":"2023-12-25T00:00:00","modified_gmt":"2023-12-25T00:00:00","slug":"jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/","title":{"rendered":"Jaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion"},"content":{"rendered":"

Jaz Hotel Group\u2019s EGP 3.5 bn expansion: <\/strong>Travco subsidiary Jaz Hotel Group<\/a> has acquired two hotels near the Pyramids and six cruise ships for a total of EGP 3.5 bn, CEO Alaa Akel told Al Borsa<\/a>. <\/p>\n

Joining Jaz\u2019s portfolio: <\/strong>The company has purchased Cataract Pyramids \u2014 to be rebranded to Jaz Palmira Pyramids<\/a> \u2014 and Oasis hotels \u2014 rebranding to Jaz Oasis Pyramids, Akel said. Jaz Palmira will add 400 hotel rooms to the group\u2019s portfolio, while Jaz Oasis Pyramids will add 300 rooms. <\/p>\n

Update and upgrade: <\/strong>The group will work on renovating the hotels and aims to have Palmira Pyramids ready to receive guests by the summer. Work on Jaz Oasis is expected to take a little longer, he said without giving a timeline. The group will also upgrade its newly-acquired ships \u2014 which will bring the number of cruise ships under its ownership to 26. <\/p>\n

Even more in the pipeline: <\/strong>The group plans to inaugurate its EGP 6 bn Giza Palace hotel in February. It will also wrap up construction on seven new hotels in 2024, which are expected to bring up the group\u2019s room capacity to 20k rooms. <\/p>\n

About Jaz Hotel Group:<\/strong> The group\u2019s hotel portfolio currently stands at 59 hotels with over 15.6k rooms across Egypt. It operates hotels in Giza, Marsa Alam, Marsa Matrouh, Sharm El Sheikh, and Hurghada. <\/p>\n

Remember: <\/strong>The Madbouly cabinet last week approved<\/a> an EGP 50 bn tourism initiative that will see the government offer financial incentives to encourage hospitality players to increase their hotel room capacity. <\/p>\n","protected":false},"excerpt":{"rendered":"

The acquisition will add 700 rooms to the group\u2019s portfolio<\/p>\n","protected":false},"author":1,"featured_media":612561,"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":[1],"tags":[72,955,4502,7128,4867],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-enterpriseam","tag-hospitality","tag-jaz-hotel-group","tag-ma-watch","tag-travco","wpautop","entry"],"acf":{"mongo_id":"b5ce9220-41e9-4f7f-ac7d-9c90f4e45271","order":"0","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1625.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Travco subsidiary Jaz Hotel Group acquires 2 hotels near the Pyramids","related_issue":[612555],"teaser":"The acquisition will add 700 rooms to the group\u2019s portfolio","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.c15a3e26-016c-4244-afe2-5f1a59babebc.mp3"},"yoast_head":"\nJaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion - 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\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion\" \/>\n<meta property=\"og:description\" content=\"The acquisition will add 700 rooms to the group\u2019s portfolio\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-25T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Jaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion\",\"datePublished\":\"2023-12-25T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/\"},\"wordCount\":260,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"hospitality\",\"Jaz Hotel Group\",\"M&A Watch\",\"Travco\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/\",\"name\":\"Jaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-12-25T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Jaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/","og_locale":"en_US","og_type":"article","og_title":"Jaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion","og_description":"The acquisition will add 700 rooms to the group\u2019s portfolio","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-12-25T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Jaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion","datePublished":"2023-12-25T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/"},"wordCount":260,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","hospitality","Jaz Hotel Group","M&A Watch","Travco"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/","name":"Jaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1","datePublished":"2023-12-25T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/25\/jaz-hotel-group-adds-hotels-cruise-ships-to-portfolio-in-egp-3-5-bn-expansion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Jaz Hotel Group adds hotels, cruise ships to portfolio in EGP 3.5 bn expansion"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1625.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":664897,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/08\/travcos-jaz-hotel-group-to-open-four-new-hotels-in-egypt-this-month\/","url_meta":{"origin":612560,"position":0},"title":"Travco\u2019s Jaz Hotel Group to open four new hotels in Egypt this month","author":"enterpriseam admin","date":"8 May 2025","format":false,"excerpt":"The new hotels will add 1.6k rooms to Jaz\u2019s portfolio","rel":"","context":"In \"EnterpriseAM\"","block_context":{"text":"EnterpriseAM","link":"https:\/\/enterpriseam.com\/egypt\/tag\/enterpriseam\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/588.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568733,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/jaz-hotels-to-invest-egp-2-5-bn-this-year-to-build-4-hotels\/","url_meta":{"origin":612560,"position":1},"title":"Jaz hotels to invest EGP 2.5 bn this year to build 4 hotels","author":"enterpriseam admin","date":"2 February 2020","format":false,"excerpt":"Travco subsidiary Jaz Hotel Group is planning to invest EGP 2.5 bn this year to build four new hotels in the Red Sea Governorate, CEO Alaa Akel told the local press. The hotels will be in Hurghada, Safaga, and Marsa Alam, and will have a capacity of 1340 rooms.","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":643963,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/18\/jaz-hotel-group-to-invest-usd-215-mn-to-open-six-new-hotels-in-2025-plus-pickalbatros-expands-hotel-portfolio-across-morocco\/","url_meta":{"origin":612560,"position":2},"title":"Jaz Hotel Group to invest USD 215 mn to open six new hotels in 2025. PLUS: Pickalbatros expands hotel portfolio across Morocco","author":"enterpriseam admin","date":"18 September 2024","format":false,"excerpt":"The hospitality player currently owns seven hotels across Morocco","rel":"","context":"In \"EnterpriseAM\"","block_context":{"text":"EnterpriseAM","link":"https:\/\/enterpriseam.com\/egypt\/tag\/enterpriseam\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1360.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598145,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/15\/jaz-to-inaugurate-three-new-hotels-in-egypts-hurghada-marsa-alam-this-summer\/","url_meta":{"origin":612560,"position":3},"title":"Jaz to inaugurate three new hotels in Egypt\u2019s Hurghada, Marsa Alam this summer","author":"enterpriseam admin","date":"15 May 2019","format":false,"excerpt":"Travco hospitality arm Jaz Hotel Group will inaugurate this summer two new hotels in Hurghada and a third in Marsa Alam at a cost of EGP 1 mn, Chairman Alaa Akel tells Al Mal. The hotels have a combined total of 700 rooms. Jaz is pushing ahead with plans to\u2026","rel":"","context":"In "Tourism"","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":604411,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/jaz-spending-egp-4-bn-in-eight-new-hotels-in-egypts-resort-towns\/","url_meta":{"origin":612560,"position":4},"title":"Jaz spending EGP 4 bn in eight new hotels in Egypt\u2019s resort towns","author":"enterpriseam admin","date":"3 December 2018","format":false,"excerpt":"INVESTMENT WATCH- Travco subsidiary to invest EGP 4 bn in new Egypt hotels: Travco subsidiary Jaz Hotel Group is investing EGP 4 bn in eight new hotelsin Marsa Alam and Hurghada, Jaz CEO Alaa Akel tells Al Mal. Construction of the hotels is underway and should wrap up in 1H2019.\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":574885,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/jaz-to-inaugurate-egp-700-mn-steigenberger-hotel-in-soma-bay-by-december\/","url_meta":{"origin":612560,"position":5},"title":"Jaz to inaugurate EGP 700 mn Steigenberger hotel in Soma Bay by December","author":"enterpriseam admin","date":"24 September 2020","format":false,"excerpt":"Travco subsidiary Jaz is inaugurating a EGP 700 mn Steigenberger-branded hotel in Soma Bay by December, Chairman Alaa Akel told Al Mal. The hotel was initially slated to open in September.","rel":"","context":"In "Tourism"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612560","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=612560"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612560\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/612555"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/612561"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=612560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=612560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=612560"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=612560"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=612560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}