The agreement will see Marriott International manage the hotel at Abraj Misrs The Gate Project
The US Marriott International has signed an agreement with Egyptian developer Abraj Misr for a hotel project in Cairo.
Element Hotel, which will be part of Abraj Misrs The Gate development, is set to be an eco-friendly property that will be managed by Marriott.
The Gate project is set to be a 400.000 square metre scheme in the Nasr City area and is expected to be completed within 24 months. The luxury mixed-use development encompasses seven residential, commercial, retail, and office units as well as the Elements hotel.
The project is designed by Belgian architect Vincent Callebaut and is set to be an eco-friendly project powered by solar water heating and wind turbines. The buildings will have green areas and roof terraces that will have features such as an archi-green building, passive geothermal cooling, solar photocells, green walls and rooftop community gardens, according to a company statement.
Earlier this year Abraj Misr appointed the local SIAC Industrial Construction & Engineering Company to carry out the building work on the $490m project.
US-based Hill International is the project manager.
In September MEED reported that Marriott International and Starwood Hotels and Resorts officially merged into one company.
The $13bn acquisition of Starwood was completed on 23 September, said Alex Kyriakidis, Marriotts Middle East and Africa President at a press conference in Dubai announcing the news.
The merger means Marriott International is now the largest hotel group in the world with 30 brands comprising more than 5,700 hotels, which amounts to 1.1 million rooms in more than 110 countries.
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