Rotana to bring Rayhaan brand to Egypt’s new capital with US$80M hotel investment

The development will include retail and food-and-beverage components alongside hotel units, creating an integrated lifestyle destination with a panoramic open-air swimming pool and curated international dining concepts.

EGYPT – Egypt’s Astra Rise Developments has signed a management and operation agreement with UAE-based Rotana Hotels for its EGP 4 billion (US$80 million) hotel project in Egypt’s New Administrative Capital.

The development will introduce the Rayhaan by Rotana brand to Egypt for the first time, marking Rotana’s inaugural property in the country’s ambitious new urban center while offering investors a managed leaseback model that transforms individual unit purchases into genuine hotel partnerships.

A Prime Location in the Heart of the New Capital

The project is strategically positioned in the MU7 district, directly facing the Iconic Tower, the monorail station, and the R3 residential district.

This prime location offers strong accessibility and proximity to major administrative and commercial hubs, positioning the hotel to capture both business and leisure demand as the New Capital continues its rapid development.

The development will include retail and food-and-beverage components alongside hotel units, creating an integrated lifestyle destination with a panoramic open-air swimming pool and curated international dining concepts.

An Innovative Investment Model Debuts in Egypt

Rather than offering traditional serviced apartments, Astra Rise is introducing a globally recognized investment framework where investors can purchase actual hotel units and lease them back to the operator.

Hazem Nassar, CEO of Astra Rise Developments, emphasized that this structure ensures transparency between developer, investor, and operator while supporting long-term sustainability and clear revenue distribution mechanisms.

Implementing this integrated ownership model for the first time in the New Capital gives the project distinctive operational and investment advantages.

Rotana’s Expanding Egyptian Footprint

The agreement comes as Rotana aggressively expands its presence in Egypt’s hospitality sector.

Makram El Zyr, Rotana’s Corporate VP for Development, stated that Egypt represents one of the group’s most strategic markets, driven by rapid infrastructure expansion and large-scale urban developments.

Rotana currently operates in more than 14 countries with nearly 22,000 rooms across 80 hotels, aiming to expand to 28,000 rooms within four years.

Recent Egyptian partnerships include managing the Swar Hotel in Shorouk City with Golden Pillars Development and the N LINE serviced apartments in New Cairo with Nawassy Developments.

A Premium Hospitality Experience for the New Capital

The Rayhaan by Rotana brand specializes in delivering premium hospitality experiences aligned with international operational standards.

Nassar noted that hospitality investment is currently one of the most resilient real estate sectors in terms of returns and long-term sustainability, especially amid the rapid development of the New Capital.

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