UPDATE -- Hotel101 Global Enters Egypt – Its First Entry in the African Continent
Globe Newswire•03/11/2026•14:01 ET
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Key Highlights
- ➤Hotel101 (HBNB) signs binding Egypt joint venture with IGI Holding affiliates
- ➤Hotel101-Cairo West planned at approximately 750 rooms, targeting completion by 2029
- ➤Cairo West project expected to generate 5.465 billion Egyptian pounds ($102.09 million)
- ➤Egypt expansion marks Hotel101’s first entry into the African continent
- ➤Development remains subject to customary governmental, regulatory, corporate and other approvals
Today, October 20, 2026: Hotel101 Global signs definitive binding agreements for a country-wide joint venture in Egypt, starting with an approx. 750-room Hotel101-Cairo West, Egypt.
Hotel101-Cairo West is set to have approx. 750 rooms on a 15,984 sqm site in Hay Al Ashgar along Ahmed Zewail Road, only around ten minutes from the Giza Pyramids and the Grand Egyptian Museum (GEM).
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