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The St. Regis El Masa Cairo, New Capital [Master Thread]

The St. Regis El Masa Cairo, New Capital [Master Thread]

Old Jan 24, 20, 2:53 am
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The St. Regis El Masa Cairo, New Capital [Master Thread]

Interesting news: St. Regis has signed to take over the state-owned Al Masa Capital hotel in the New Administrative Capital currently under construction outside of Cairo. The hotel, the first to open in the New Capital, has 270 rooms, 90 suites, 60 hotel apartments and 14 presidential villas. Word has it that the original, long-delayed St. Regis Cairo on the Nile Corniche has had its operational license revoked in its entirety since the diplomatic spat with Qatar, who owns that project, isn't going anywhere.

No official press release from Marriott yet, but sources here and here have broken the news.

khabah
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Old Jan 24, 20, 1:09 pm
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Originally Posted by khabah View Post
Interesting news: St. Regis has signed to take over the state-owned Al Masa Capital hotel in the New Administrative Capital currently under construction outside of Cairo. The hotel, the first to open in the New Capital, has 270 rooms, 90 suites, 60 hotel apartments and 14 presidential villas. Word has it that the original, long-delayed St. Regis Cairo on the Nile Corniche has had its operational license revoked in its entirety since the diplomatic spat with Qatar, who owns that project, isn't going anywhere.

No official press release from Marriott yet, but sources here and here have broken the news.

khabah
Whats nuts to me is that for the years of delays given the situation why cant there be some clever change of ownership or simply a sale so that the ready for business (for a long time) St. Regis Cairo can just open !?
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Old Jan 24, 20, 2:16 pm
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Originally Posted by Fly_IAD View Post
Whats nuts to me is that for the years of delays given the situation why cant there be some clever change of ownership or simply a sale so that the ready for business (for a long time) St. Regis Cairo can just open !?
For Qatari Diar, this is a high-profile and expensive-to-develop asset that was almost ready before the idiot Blockade happened so theyíre clearly hanging on. As an Arab, I can say that most Arabs are stubborn, which is why Qatar wonít sell, Egypt and Saudi-backed company wonít back down and at the end of the day, a management contract is a piece of paper in a rich manís world.

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Last edited by khabah; Jan 24, 20 at 3:01 pm
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Old Jan 25, 20, 8:48 am
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Originally Posted by khabah View Post
For Qatari Diar, this is a high-profile and expensive-to-develop asset that was almost ready before the idiot Blockade happened so they’re clearly hanging on. As an Arab, I can say that most Arabs are stubborn, which is why Qatar won’t sell, Egypt and Saudi-backed company won’t back down and at the end of the day, a management contract is a piece of paper in a rich man’s world.

khabah
You nailed it! Wait, your saying some people in the Arab world are stubborn, Im shocked
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Old Jan 25, 20, 10:42 am
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Originally Posted by khabah View Post
For Qatari Diar, this is a high-profile and expensive-to-develop asset that was almost ready before the idiot Blockade happened so theyíre clearly hanging on. As an Arab, I can say that most Arabs are stubborn, which is why Qatar wonít sell, Egypt and Saudi-backed company wonít back down and at the end of the day, a management contract is a piece of paper in a rich manís world.

khabah
such a shame because itís local people that lose out on jobs, Locals lose out on revenue from more tourists arriving in the area and a large hotel that would be a bit of a landmark for the country gets old before itís even put to use.

the blockade doesnít seem to be having the effect that was expected/wanted.
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Old Jan 28, 20, 11:40 am
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Announcement's out today: rebranding to occur in spring 2020. Mods, can you rename the thread "The St. Regis Almasa" please?

khabah

***

The St. Regis Almasa

Marriott International signs agreement to bring its iconic St. Regis Brand to Egypt with the St. Regis Almasa

28 January 2020 - Marriott International, Inc. (NASDAQ: MAR) (www.Marriott.com) announced that it has signed an agreement to open a St. Regis in the New Administrative Capital of Egypt, just outside of Cairo. In the second quarter of this year, The St. Regis Almasa is expected to occupy an existing luxury hotel at the entrance of the up-and-coming city that is slated to become the administrative and financial hub of Egypt.

The 434-room Almasa Royal Palace is planned to be rebranded as a St. Regis in Spring 2020.

Also present during the signing ceremony were General Mohamed Amin Ibrahim Nasr, Advisor to the President of Egypt for Financial Affairs and Liam Brown, Group President Europe, Middle East and Africa, Marriott International.

With the population of greater Cairo expected to double in the next few decades, the government in Egypt announced plans to build the New Administrative Capital. Almasa Royal Palace, which the owner has operated for the past two years, is located adjacent to a 42,000-square-foot convention center that hosts official government conventions and events, as well as official foreign presidents' visits.

The hotel consists of 270 rooms, 90 suites, 60 apartments and 14 villas. Other facilities include outdoor and indoor swimming pools, a gym, spa, club house and 20 food and beverage outlets.

When it opens, The St. Regis Almasa is expected to encompass the hallmarks of the brand such as its rich traditions and rituals, and signature St. Regis Butler Service. Through a phased approach, areas across the hotel will undergo a refresh to deliver an on-brand experience in New Cairo whilst remaining open to guests.

Source: https://www.hospitalitynet.org/annou...is-almasa.html
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