Accor opens Movenpick Living and Residences in Cairo

Expanding its footprint in Egypt, Accor has opened Movenpick Living and Residences in Cairo. Once open, the property will feature 150 serviced apartments and 40 branded residences. The new property will feature hospitality, residential, entertainment, commercial, retail components and government entities, including the Presidential Palace, Parliament, Cabinet, Supreme Court, all ministries of Egypt and various foreign embassies.

The Group is partnering with Al Bourouj Misr Development, whose operations started in 2012, with a visionary approach towards responding to the diverse and evolving real estate market in Egypt strategically, by offering a sustainable and diverse mix within a real estate portfolio comprising construction and real estate developments of mixed-use contemporary, residential and commercial developments through its subsidiaries.

“It is with great pride that we announce the inking of a partnership with Movenpick for one of the foremost iconic real estate projects by our company. Our collaboration with Accor is a continuation of the company's commitment to working hand in hand with reputed international brands to redefine the lifestyle of the new capital. We are confident that Sixty iconic tower with its modern and outstanding architectural design will be the first choice for those seeking uniqueness and tranquillity in a next-generation focal point of the business and financial district that is set to be Egypt's most sought business and lifestyle destination," said Mohamed Assy, Vice Chairman, Al Bourouj Misr Development.

“This is a very exciting project for Accor in Egypt. This new addition will be introducing a unique offering to the New Capital City of Cairo, providing residents and travellers with a new home with the luxury of hotel services," said Mark Willis, CEO, Accor-India, Turkey, Middle East, and Africa.