Hilton And Misr Italia Properties Unveil Hotels In New Cairo, Ain Al Sokhna At Cityscape Egypt

Hilton Garden Inn Cairo Business Park Hilton’s debut in new administrative capital. Al Assal: Our successful partnership with Hilton confirms our leadership and reflects our commitment to offering the best services to our customers

This information originated in American English.

March 31, 2017

CAIRO & MCLEAN, Va. - Hilton (NYSE: HLT) and Misr Italia Properties today announced the signing of a management agreement to open two properties in Egypt by 2021. The projects consist of a hotel under the flagship Hilton Hotels & Resorts brand in Ain Al Sokhna, a historic port city on the Gulf of Suez, and a midscale Hilton Garden Inn in New Cairo, a debut property for Hilton in Egypt's planned new administrative capital and the first confirmed location for Hilton Garden Inn in Cairo.

Mohamed Hany El Assal, Co-CEO of Misr Italia Properties, "Misr Italia Properties' successful partnerships with Hilton confirms our commitment to offering the best services to our customers across all our distinguished projects, whether our residential, tourism, or administrative projects. Partnering with Hilton and its presence within our projects reflects Misr Italia Properties' leading position in the Egyptian real estate market."

"Our more than 50 years of operating experience in Egypt places Hilton at the heart of the country's expanding hospitality offering. With the recently expanded Suez Canal and New Cairo project both attracting significant infrastructural investment, it is the right time for us to revitalize our Egyptian portfolio with new projects in these emerging locations. New Cairo's vision to become a thriving hub for business makes it an ideal location for us to introduce our Hilton Garden Inn brand to the capital and we are keen to explore further such opportunities in the midscale sector in Egypt and across MENA," said Carlos Khneisser, vice president, development, Middle East and North Africa, Hilton.

Hilton Ain Al Sokhna
Expected to open in late 2020, Hilton Ain Al Sokhna will be located at "Kai Sokhna" - Misr Italia Properties' newest portfolio addition on Zafarana Road, just 3 kilometers from the new Galala Road, and within close proximity to a main roads network connecting to all parts of Greater Cairo. Kai Sokhna spans an area of 147,000 sqm and enjoys an exclusive beach and a diverse range of units including luxurious villas and chalets with innovative designs. Featuring 150 guestrooms and 20 villas, the hotel will form part of this mixed-use development. Six restaurants and bars will provide guests with an array of dining options while the hotel will also feature a luxurious spa, fitness center and outdoor pool. The Kai Sokhna project, won the Residential - Low Rise Project- Future Award at Cityscape 2017 Awards.

Hilton Garden Inn, Cairo Business Park
This 120-guestroom hotel is the first in Cairo and second in Egypt to operate under Hilton's midscale Hilton Garden Inn brand. With more than 1,000 properties trading or in the pipeline globally, Hilton Garden Inn offers quality accommodation at affordable prices. Hilton Garden Inn Cairo Business Park will come equipped with all of the brand's signature features such as its Fitness Centre, Work Station, Garden Lounge and Bar alongside a full service restaurant and an outdoor pool. The hotel is scheduled to open in early 2021 and will be located within Cairo Business Park, which will consist of 75,000sqm of integrated office space and natural greenery.

Hilton currently has 18 hotels operating across Egypt - including Hilton Alexandria Kings Ranch, which opened last year - and an additional seven hotels under development. In February 2015, Hilton announced the arrival of DoubleTree by Hilton to Egypt, with the first property confirmed for Ain Al Sokhna.

About Misr Italia Properties
Misr Italia Properties is a leading real estate developer in Egypt expanding across a range of top-notch projects throughout the country. We aim to change the concept of the ever-growing real estate market by listening to our customers who inspire us to stay ahead with innovative real estate solutions & designs. Built on a philosophy of creativity and innovation, we offer our clients trend-setting projects with unique concepts and designs that are unmatched in the market. Misr Italia is the developer of residential projects such as La Nuova Vista villas and townhouses in New Cairo, administrative compounds such as Cairo Business Park which is set to become New Cairo's new business hub and second homes projects such as Kai Sokhna, the newest addition to our portfolio. Visit misritaliaproperties.com for more information or follow us on our facebook page: MisrItaliaProperties and our Instagram page: MisrItaliaPropertie.

Contact

Huw Harrow
Hilton - EMEA
+971 (0) 56 416 1323
huw.harrow@hilton.com

Sally Abdelraziq
Misr Italia
+2 (0) 127 1066 800
sally.abdelraziq@misritaliagroup.com

About Hilton Hotels & Resorts

For nearly a century, Hilton Hotels & Resorts has been proudly welcoming the world's travelers. With 570 hotels across six continents, Hilton Hotels & Resorts provides the foundation for memorable travel experiences and values every guest who walks through its doors. As the flagship brand of Hilton, Hilton Hotels & Resorts continues to set the standard for hospitality, providing new product innovations and services to meet guests' evolving needs. Hilton Hotels & Resorts is a part of the award-winning Hilton Honors program. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount that can’t be found anywhere else, free standard Wi-Fi and digital amenities like digital check-in with room selection and Digital Key (select locations), available exclusively through the industry-leading Hilton Honors app. Begin your journey at www.hilton.com and learn more about the brand by visiting news.hilton.com or following us on Facebook, Twitter and Instagram.