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Tourism Breaking News
06-02-2025
- Business
- Tourism Breaking News
Cairo House Egypt for Real Estate, Tourism Investment SAE and Marriott International Join Forces to Open an Autograph Collection Hotel in the Mogamma at Tahrir Square
Post Views: 107 Cairo House Egypt for Real Estate has announced it has signed an agreement with Tourism Investment SAE and Marriott International to convert the historic Mogamma Al Tahrir into an Autograph Collection Hotel. The signing of the deal is a major milestone in the Consortium's plan to repurpose the building into a prime hotel for the city and world class destination. Bringing an Autograph Collection Hotel to the heart of the city is in line with The Sovereign Group of Egypt's (TSFE) greater plan for revitalization of downtown Cairo, for which the Mogamma Al Tahrir will serve as an anchor and catalyst for future investments. The development of the property will be led by the international consortium of developers and investors including Global Ventures Group, Oxford Capital Group, Al Otaiba Investments and Zoser Capital Partners. Randall Langer, Chairman of Global Ventures Group, commented, 'We are honored to work with Marriott International to bring an Autograph Collection hotel to the Mogamma Al Tahrir building. We value the Marriott alliance, the strong support of The Sovereign Fund of Egypt and the substantial efforts by the numerous team members that are bringing this project to life.' The Autograph Collection Hotel is expected to comprise 500 guestrooms and serviced apartments, along with multiple dining and entertainment options. The hotel is also anticipated to feature a rooftop swimming pool overlooking Tahrir Square with views of The Nile and the distant Giza Pyramids. Other plans for the property include expansive meeting and event space, including a ballroom and unique outdoor pavilion, as well as a fitness center and spa. The hotel will be situated within one of the most popular districts in the city center. The area is surrounded by embassies, government offices and financial institutions and is the focus of TSFE's revitalization plan that will result in a new business, tourist and residential center in the heart of Cairo. The investment into the Mogamma Al Tahrir complex signifies a catalyst to future investment into downtown Cairo and showcases Egypt's strong initiative to boost their tourism sector. For his part, John Rutledge, CEO of Oxford Capital Group, said, 'We are excited to have achieved this important milestone with our longtime friends and professional collaborators at Marriott International and look forward to advancing this iconic project in the historic city of Cairo' Shady Hassan, Vice President, Development – North Africa, Marriott International added, 'We have had a long-standing presence in Egypt, and we remain committed to further enhancing our portfolio in the country and supporting the growth of its tourism sector. Autograph Collection features curated properties that celebrate individuality and we look forward to working with the Consortium and The Sovereign Fund of Egypt to bring the brand's distinct perspective on design and hospitality to the city.' Autograph Collection's portfolio currently features over 300 hotels globally. Each hotel is a product of passion and a personal realization of its individual founder's vision, making each hotel singular and unique. Hand-selected for their inherent craft, Autograph Collection Hotels offer rich immersive moments that leave a lasting imprint.
Zawya
05-02-2025
- Business
- Zawya
Cairo House, Marriott to open Autograph Collection Hotel at Mogamma El-Tahrir
Egypt - Cairo House Real Estate has partnered with Tourism Investment SAE and Marriott International to transform the historic Mogamma El-Tahrir into an Autograph Collection Hotel. This milestone marks a significant step in the Consortium's vision to repurpose the iconic building into a premier hotel and world-class destination. The project aligns with The Sovereign Fund of Egypt's (TSFE) broader initiative to revitalize downtown Cairo, positioning Mogamma El-Tahrir as a cornerstone for future investments. The development will be led by an international consortium of developers and investors, including Global Ventures Group, Oxford Capital Group, Al Otaiba Investments, and Zoser Capital Partners. Randall Langer, Chairperson of Global Ventures Group, emphasized the significance of the partnership, stating, 'We value the Marriott alliance, the strong support of TSFE, and the substantial efforts of the numerous team members bringing this project to life.' The Autograph Collection Hotel is set to feature 500 guestrooms and serviced apartments, complemented by multiple dining and entertainment options. Plans also include a rooftop swimming pool overlooking Tahrir Square, offering panoramic views of the Nile and the distant Giza Pyramids. Additionally, the property will house expansive meeting and event spaces, including a ballroom and an outdoor pavilion, as well as a fitness center and spa. Situated in one of Cairo's most vibrant districts, the hotel will be surrounded by embassies, government offices, and financial institutions. The development aligns with TSFE's broader plan to establish a dynamic business, tourism, and residential hub in the heart of the capital. The transformation of Mogamma El-Tahrir represents a significant catalyst for further investment in downtown Cairo and underscores Egypt's commitment to strengthening its tourism sector. Shady Hassan, Vice President of Development – North Africa at Marriott International, reaffirmed the company's dedication to the Egyptian market. 'We have had a long-standing presence in Egypt and remain committed to expanding our portfolio and supporting the country's growing tourism sector. Autograph Collection features curated properties that celebrate individuality, and we look forward to collaborating with the Consortium and TSFE to bring the brand's distinctive vision to Cairo.' Autograph Collection's global portfolio currently includes over 300 hotels, each uniquely designed to reflect the passion and vision of its founder, ensuring a distinct and memorable experience for guests. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Daily News Egypt
05-02-2025
- Business
- Daily News Egypt
Cairo House, Marriott to open Autograph Collection Hotel at Mogamma El-Tahrir
Cairo House Real Estate has partnered with Tourism Investment SAE and Marriott International to transform the historic Mogamma El-Tahrir into an Autograph Collection Hotel. This milestone marks a significant step in the Consortium's vision to repurpose the iconic building into a premier hotel and world-class destination. The project aligns with The Sovereign Fund of Egypt's (TSFE) broader initiative to revitalize downtown Cairo, positioning Mogamma El-Tahrir as a cornerstone for future investments. The development will be led by an international consortium of developers and investors, including Global Ventures Group, Oxford Capital Group, Al Otaiba Investments, and Zoser Capital Partners. Randall Langer, Chairperson of Global Ventures Group, emphasized the significance of the partnership, stating, 'We value the Marriott alliance, the strong support of TSFE, and the substantial efforts of the numerous team members bringing this project to life.' The Autograph Collection Hotel is set to feature 500 guestrooms and serviced apartments, complemented by multiple dining and entertainment options. Plans also include a rooftop swimming pool overlooking Tahrir Square, offering panoramic views of the Nile and the distant Giza Pyramids. Additionally, the property will house expansive meeting and event spaces, including a ballroom and an outdoor pavilion, as well as a fitness center and spa. Situated in one of Cairo's most vibrant districts, the hotel will be surrounded by embassies, government offices, and financial institutions. The development aligns with TSFE's broader plan to establish a dynamic business, tourism, and residential hub in the heart of the capital. The transformation of Mogamma El-Tahrir represents a significant catalyst for further investment in downtown Cairo and underscores Egypt's commitment to strengthening its tourism sector. Shady Hassan, Vice President of Development – North Africa at Marriott International, reaffirmed the company's dedication to the Egyptian market. 'We have had a long-standing presence in Egypt and remain committed to expanding our portfolio and supporting the country's growing tourism sector. Autograph Collection features curated properties that celebrate individuality, and we look forward to collaborating with the Consortium and TSFE to bring the brand's distinctive vision to Cairo.' Autograph Collection's global portfolio currently includes over 300 hotels, each uniquely designed to reflect the passion and vision of its founder, ensuring a distinct and memorable experience for guests.
Al-Ahram Weekly
04-02-2025
- Business
- Al-Ahram Weekly
Cairo House trusts Autograph Collection to repurpose landmark Tahrir Complex into luxury hotel - Economy
Cairo House Egypt for Real Estate, Tourism Investment S.A.E., and Marriott International signed an agreement on Tuesday to trust the renowned Autograph Collection Hotels with converting the historic Tahrir Complex (Mogamma El-Tahrir) in Downtown Cairo into a world-class luxury hotel and operate it. Bringing an Autograph Collection Hotel, a distinguished portfolio of independent upper-upscale luxury hotels under the Marriott International umbrella, to the heart of downtown Cairo aligns with the Sovereign Fund of Egypt's (TSFE) broader vision for revitalizing the area and boosting tourism. Autograph Collection features over 300 unique hotels worldwide, each reflecting the individual vision of its founder and offering immersive, memorable experiences. Tahrir Complex, a mammoth edifice that has housed government administrations in the heart of Downtown Cairo since its construction in 1951, is known to millions of Egyptians who sought it to issue and notarize public documentation for decades as Mogamma Al Tahrir. The transformation of the Tahrir Complex follows a decree issued by President Abdel-Fattah El-Sisi in September 2020, which removed its public benefit status and transferred ownership to TSFE for redevelopment. In August 2022, the US CairoHouse LLC development consortium landed the deal to develop and rehabilitate the iconic building with over $200 million in investments. The Cairo House LLC, led by four sponsors: Global Ventures Group, Oxford Capital Group, Al Otaiba Investments, and Zoser Capital Partners, owns Cairo House Egypt for Real Estate and Tourism Investment S.A.E. 'We are honoured to work with Marriott International to bring an Autograph Collection hotel to the Mogamma Al Tahrir building. We value the Marriott alliance, the strong support of the Sovereign Fund of Egypt, and the substantial efforts by the numerous team members that are bringing this project to life," said Randall Langer, Chairman of Global Ventures Group, during the signing ceremony. Tahrir Complex: A Luxury Hotel! The repurposed Autograph Collection Hotel would comprise 500 guestrooms, serviced apartments, and multiple dining and entertainment options. The new hotel is also anticipated to feature a rooftop swimming pool overlooking the recently redeveloped Tahrir Square with a view of the Nile Corniche and the Pyramids of Giza on the horizon. Other plans for the property include expansive meeting and event space, including a ballroom and unique outdoor pavilion, as well as a fitness centre and spa. The hotel will be within walking distance of embassies in Garden City and major financial and business institutions in the downtown area. John Rutledge, CEO of Oxford Capital Group, stated: 'We are excited to have achieved this important milestone with our longtime friends and professional collaborators at Marriott International and look forward to advancing this iconic project in the historic city of Cairo.' Echoing this sentiment, Shady Hassan, Vice President, Development—North Africa, Marriott International, added during the event: "We have had a long-standing presence in Egypt, and we remain committed to further enhancing our portfolio in the country and supporting the growth of its tourism sector." He added that the Autograph Collection features curated properties that celebrate individuality. "We look forward to working with the Consortium and the Sovereign Fund of Egypt to bring the brand's distinct perspective on design and hospitality to the city," added Hassan. Short link:
