CHI to operate twin property in Egypt

Malta-based CHI Hotels & Resorts (formerly Corinthia Hotels International) has announced the signing of a long-term management agreement with Cyrene Tourism Investment Corporation of Egypt for the operation of two new upscale properties in the highly...

Malta-based CHI Hotels & Resorts (formerly Corinthia Hotels International) has announced the signing of a long-term management agreement with Cyrene Tourism Investment Corporation of Egypt for the operation of two new upscale properties in the highly popular Egyptian resort of Sharm el Sheikh. Both hotels will form part of a major resort destination to be known as the Corinthia Beach Resort.

The Corinthia Hotel will be a five-star international deluxe property located directly on a stunning beach front in Montazah, Sharm El Sheikh. The property will offer 220 deluxe suites and be fully supported with independent restaurants, a club house and fully serviced beach operation and outdoor pool.

The Tiran Island Hotel will be a 600-bedroom four-star international hotel offering a broad selection of luxury hotel rooms, residential suites and self-catering suites ideal for family occupation.

This quality four-star operation will offer a wide range of restaurants, entertainment, bars, spa, outside pools and extensive conference and meeting facilities to suit conference tourism. Both hotels will be operated by CHI Hotels & Resorts as the Corinthia Beach Resort, with a full range of differently priced products covering room only, bed and breakfast, half board, full board and fully inclusive rates.

The resort is built within beautiful landscaped gardens and will have an extensive range of food and beverage products. It will offer various forms of entertainment and sporting facilities such as private tennis courts and diving and water sport activities.

The management agreement was signed by Paul Pisani, vice-president development of CHI and H. Mansouri, chairman and CEO of the owning company Cyrene Tourism Investment Corporation of Egypt.

Sharm El Sheikh is situated on the southern tip of Egypt and has become a leading tourist resort thanks to its dramatic landscape, year-round dry and temperate climate and long stretches of natural beaches. Its waters are clear and calm for most of the year and have become popular for various water sports. Coral reefs, underwater and marine life, offer a spectacular and dazzling time for divers. All around are Bedouins, colourful tents, mountains and sea.

Sharm El Sheikh features all the amenities one could expect of a top class tourist resort, including casinos, discos and nightclubs, golf courses, horses and camel riding, desert safaris, and great nearby antiquities attractions.

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