Hotel101 Global Holdings Corp. (HBNB) Form 6-K — Oct 20, 2026
Hotel101 Global Holdings Corp. (Nasdaq: HBNB) signed definitive binding agreements on October 20, 2026 for a country-wide joint venture in Egypt with IGI Holding affiliates, marking its first entry into Africa. The JV's first project, Hotel101-Cairo West, is planned at approximately 750 rooms on a 15,984 sqm site near the Giza Pyramids, with expected completion in 2029. The Cairo West project is expected to generate a total project value of approximately 5.465 billion Egyptian pounds (US$102.09 million) and rank among the top 3 largest hotels in Cairo by room count.
Key figures
- Igi residents
- more than 40,000
- Planned rooms
- 750
- Site area sqm
- 15984
- Market cap usd
- approximately US$1.1 billion as of October 16, 2026
- Egypt population
- about 118.4 million
- Project value egp
- 5.465 billion Egyptian pounds
- Project value usd
- US$102.09 million
- Egypt tourists 2025
- nearly 19 million
- Expected completion
- 2029
- Igi land portfolio sqm
- approximately 2.5 million square meters
AI analysis
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