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Titanic Hotel Deal Signed

Titanic Hotel Deal Signed

Egyptian Prime Minister Mostafa Madbouly witnessed the signing in Sharm El-Sheikh of an agreement for the management of the “Titanic Luxury Collection” hotel between Jazal and Turkey’s Titanic Hotels group, coinciding with the launch of the luxury hotel brand in Egypt. Built with around $180 million in Egyptian investment, the hotel has 560 rooms and 60 villas. Preparations are being finalized for its soft opening within the next 30 days. The two companies announced plans to sign management agreements for three additional hotels in Egypt.

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