Accor, a world-leading hospitality group, has signed a milestone agreement with Naia Developments to develop two Swissotel addresses, marking the brand's debut on Egypt's Mediterranean coast in Ras El Hekma.
The partnership agreement will see Accor operate Swissotel Ras El Hekma and Swissotel Residences Ras El Hekma, both of which are set to open in Q3 2027, strengthening Accor's presence on the North Coast of Egypt.
Boasting a prime seafront location, Swissotel Ras El Hekma and Swissotel Residences Ras El Hekma will offer 250 keys and 100 branded residences with access to extensive wellness-focused amenities. Embodying vitality and inspiring purposeful living, each room and residence will offer refined comfort, functional layouts, and panoramic sea views. The openings will allow travellers to enjoy one-of-a kind holidays or invest in residential assets to enjoy coastal living in the year-round destination.
Swissotel Residences Ras El Hekma, joins other Swissotel branded residence projects in Egypt, Turkiye, Qatar, Georgia and Vietnam. Nestled in an ideal location, with immediate proximity to the Ras El Hekma Giga project, residential owners at Swissotel Residences Ras Al Hekma will enjoy exclusive benefits from the Accor Ownership Benefits program, which extends VIP benefits and privileges across the globe, including elevated status in the group's lifestyle loyalty program,
ALL - Accor Live Limitless.
We are proud to partner with Naia Developments to develop this beautiful stretch of coastline and ring in a new era for Egypt's coastal tourism industry. With our Swissotel openings, we will offer global-standard services and facilities for leisure travellers, business travellers, and residents alike, with the development also being an enticing investment opportunity.
Duncan O'Rourke, Chief Executive Officer for Accor's Premium, Midscale & Economy Division in the Middle East, Africa & Asia Pacific
Swissotel Hotel Ras El Hekma and Swissotel Residences Ras El Hekma will offer the best of international dining, with two restaurants - an all-day dining and specialty offering - alongside a beach and pool bar and lounge, allowing guests to savour the beautiful coastline.
Furthermore, the properties will boast a Purovel Spa, fitness centre, beach club and world-class MICE facilities - including a 1,000 square metre ballroom and four meeting rooms.
We are delighted to partner with Accor, one of the world's leading hospitality groups, for this monumental project - bringing such a recognised global brand to a domestically popular, yet still globally unknown part of the world. Ras El Hekma's white sand beaches and unspoilt Mediterranean seas are a true hidden gem, with this partnership marking the beginning of an exhilarating journey to showcase it to a global audience.
Hisham El Danasoury, Chief Executive Officer Naia Developments
Ras El Hekma heralds a new era for Egypt's coastal tourism industry, propelling the domestically popular destination onto the international stage. Egypt's North Coast, with its white sandy beaches and blue waters, has long been a favourite among Egyptians and Gulf Cooperation Council nationals, with a growing interest in the market for residential developments. Ras El Hekma was recently granted a major international investment of USD 35 Billion by UAE-based Abu Dhabi Sovereign Wealth Fund (ADQ). The mixed-use development will transform the 130 million square metre coastline into a year-round city with residential, hospitality, and educational developments - making it a prime location for residential investment.
Swissotel Hotel Ras El Hekma and Swissotel Residences Ras El Hekma are the latest signings in Accor's expansion across Egypt, with a portfolio which currently spans 24 hotels with over 5,000 keys across its premium, midscale and economy portfolio as well as 40 hotels with over 12,000 keys in its luxury and lifestyle portfolio. In addition to the Swissotel properties signed in Ras El Hekma, Accor is set to add five more properties under its premium, midscale and economy brands to Egypt by 2027, encompassing more than 1,000 keys across 16 properties. The group will also add over 4,600 keys to its luxury and lifestyle portfolio.
About NAIA DEVELOPMENTS
Naia Development is an Egyptian real estate company established in 2016 and based in Alexandria. Bolstered by international investment and crafting strategic partnerships, the company has made a name for itself as a leading luxury developer managing high-end projects in new urban areas. Naia Developments has a wide range of expertise and has invested in several master development projects, such as Naia Bay Development, located in the heart of Egypt's Ras El Hekma.
naiadevelopments.com
About Accor, a world-leading hospitality group
Accor is a world leading hospitality group offering experiences across more than 110 countries, with 5,600 properties, 10,000 food & beverage venues, wellness facilities or flexible workspaces. The Group has one of the industry's most diverse hospitality ecosystems, encompassing more than 45 hotel brands from luxury to economy, as well as Lifestyle with Ennismore. Accor is committed to taking positive action in terms of business ethics & integrity, responsible tourism, sustainable development, community outreach, and diversity & inclusion. Founded in 1967, Accor SA is headquartered in France and publicly listed on Euronext Paris (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. For more information, please visit group.accor.com or follow us on X, Facebook, LinkedIn, Instagram and TikTok.
Cybelle Daou
Director PR & Communications Middle East, Africa and Turkiye
Accor
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