Egypt has signed hotel management agreements with Turkey’s Titanic Hotels and Hilton Worldwide, securing more than $460 million in planned hospitality investments as the country pushes to attract 30 million tourists annually by 2030. The deals cover luxury resorts, new hotels and branded residences across major tourism destinations.

Egyptian Prime Minister Moustafa Madbouly witnessed both agreements at government headquarters in the New Administrative Capital on Nov. 10. The partnerships bring international hotel operators into new developments as Cairo seeks to expand accommodation capacity and attract more private investment into its tourism industry.

Titanic enters Egypt

Local developer Gazelle Investment signed an agreement with Titanic Hotels to introduce the Turkish group’s ultra-luxury Titanic Luxury Collection brand to Egypt. The agreement was signed by Gazelle Chairman Hafez Bashir and Titanic Hotels Managing Director Muzaffer Aygün, in the presence of senior government officials and hotel executives.

The project is a five-star resort in Sharm El-Sheikh, backed by $180 million in wholly Egyptian capital. Built along a one-kilometer private beachfront, the completed property has 560 guest rooms and 60 luxury villas, alongside an aqua park, wellness spa, sports facilities, ballroom and several restaurants.

The resort is expected to begin a soft opening within 30 days, with two international restaurant brands also scheduled to make their Egyptian debut. Bashir said the partners were preparing management agreements for three additional hotels, pointing to plans to expand Titanic Hotels’ presence beyond its first Egyptian property.

Hilton plans 10 projects

In a separate agreement, PRE Group partnered with Hilton Worldwide on a hospitality portfolio valued at about EGP 14 billion ($262 million). The plan covers 10 developments, including six hotels and four branded residential projects, adding approximately 2,000 hotel rooms and residential units.

PRE Group Founder and CEO Waleed Zaki signed the agreement with Guy Hutchinson, Hilton’s president for the Middle East and Africa. The properties will operate under five brands: Canopy by Hilton, Tapestry Collection by Hilton, Hilton Hotels & Resorts, DoubleTree by Hilton and Hilton Garden Inn.

The developments will be spread across PRE Group projects at Telal Ain Sokhna, Jabal Ain Sokhna, Telal Alamein and Ivoire East in East Cairo. The portfolio extends Hilton’s reach into branded residential ownership, giving the company a role in both hotel operations and the sale of homes carrying its brands.

Infrastructure supports expansion

Zaki credited government spending on roads, airports and other infrastructure with helping create conditions for private-sector investment in tourism and hospitality. Better transport links and supporting facilities are important to developers seeking to build resorts and residential communities beyond Egypt’s established tourism centers.

Carlos Khneisser, Hilton’s vice president of development for the Middle East and Africa, said the PRE Group partnership builds on Hilton’s 65-year presence in Egypt. The agreements add to the country’s hotel pipeline as developers and international operators position for higher visitor numbers over the coming years.