Hotel101 Global Enters Egypt – Its First Entry in the African Continent
Hotel101 Global signed definitive binding agreements with IGI Holding for a country-wide joint venture in Egypt, marking its first entry into the African continent. The inaugural project, Hotel101-Cairo West, is planned as an approximately 750-room hotel in 6th of October City, Giza — expected to rank among Cairo's top 3 largest hotels by room count — with an estimated project value of 5.465 billion Egyptian pounds (US$102.09 million) and completion targeted for 2029.
Key figures
- Deal Value Usd
- $102.09 million
- Rooms
- approx. 750
- Market cap
- US$1.1 billion as of October 16, 2026
- Site area sqm
- 15984
- Project value egp
- 5.465 billion Egyptian Pounds
- Expected completion
- 2029
AI analysis
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