Oras­com Ho­tels and Devel­op­ment

Iman Sakr, Vice Pres­i­dent

HOTEC Middle East - - BUYER -

Com­pany Pro­file: Oras­com Devel­op­ment Egypt (ODE) is a lead­ing de­vel­oper of fully in­te­grated des­ti­na­tions in Egypt. It in­volves a ver­ti­cally – in­te­grated busi­ness model with var­i­ous devel­op­ment elds in­clud­ing pri­vate vil­las and apart­ments, ho­tels, leisure fa­cil­i­ties such as golf cour­ses, mari­nas, and other sup­port­ing in­fra­struc­ture such as schools, uni­ver­si­ties and hos­pi­tals. The com­pany cur­rently owns a land bank of 45.7 mil­lion sqm and 27 ho­tels, 20 self-man­aged and 7 un­der man­age­ment with a to­tal of 6,023 rooms lo­cated on the Egyp­tian Red Sea Coast in Hurghada in El Gouna, Makadi, Si­nai Penin­sula in Taba Heights and By­oum in Fay­oum. ODE also holds an 87% stake in Tamweel, a fi­nan­cial ser­vices com­pany pro­vid­ing mort­gage, leas­ing, and in­sur­ance, among other ser­vice Num­ber of ho­tels in port­fo­lio: El Wekala Golf Re­sort, El Wekala Golf Re­sort at Taba - Royal Azur, Club Azur, Ci­tadel Azur and Makadi Gar­den in Hurghada -Moven­pick Re­sort,Belle­vue Beach Re­sort, Sher­a­ton Mi­ra­mar, Steigen­berger Golf ,Club Par­a­di­sio in El Gouna,Rotana Salalah, Si­fawy, Al Fa­nar, Juweira in Oman, Rotana Rak in UAE To­tal num­ber of rooms in group: 6666 in Egypt, 260 in Jor­don, 767 in Oman and 346 in UAE

How many new con­struc­tion projects do you have planned within the next 3 years?

Multi 166A, 26th of July Street, Mo­han­dessen, Agouza, 12654 Giza, Egypt T: +2 02 3308 4755 F: +2 02 3304 1322 E: iman.sakr@oras­comhd.com Web: www.oras­comhd.com How many new man­age­ment con­tracts are es­ti­mated for next three years? Multi

How many ren­o­va­tion projects do you have planned within the next 3 years?

Multi

Where are your ren­o­va­tion and new con­struc­tion projects and planned man­aged con­tracts lo­cated?

All sup­pli­ers re­lated to ho­tels fur­nish­ing Types of sup­plier com­pa­nies that you are most in­ter­ested in meet­ing: All Pro­jected spend­ing bud­get for 2018/2019: Undis­closed

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