Accor, Margins Developments to launch Novotel hotel, branded residences in New Cairo

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Accor, Margins Developments to launch Novotel hotel, branded residences in New Cairo

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Accor and Margins Developments have signed an agreement to develop a Novotel hotel and branded residences within the LUSAIL Residence project in New Cairo's Sixth Settlement. This marks Margins Developments' entry into Egypt's hospitality sector with a mixed-use development spanning a 120-room hotel and over 450 residential units.

Global hospitality group Accor and Margins Developments have signed an agreement to develop a Novotel hotel and Novotel-branded residences at the LUSAIL Residence project in New Cairo’s Sixth Settlement, marking Margins’ entry into Egypt’s hospitality sector. The mixed-use development will comprise a 120-room Novotel hotel alongside more than 450 branded residential units. Spanning approximately 30 […] The post Accor, Margins Developments to launch Novotel hotel, branded residences in New Cairo first appeared on Dailynewsegypt.

Markets Deals Real Estate Travel Accor Margins Developments Novotel New Cairo hospitality sector real estate development hotel

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