Owner Company: Holding Company for Tourism and Hotels.

Level: 5 stars.
Location: Cairo Governorate.
Project Data: The lease of the asset was contracted between the Holding Company for Tourism and Hotels and the owner of the asset for a period of 20 years, renewable for another period at an annual rental value of 5 million pounds and an annual increase of 7% starting from the second year of operation. A contract was signed with Uber Way to manage the restaurant for a period of 20 years, and the Holding Company for Tourism and Hotels receives 85% of the net profits, and the rental value of the restaurant is included in the restaurant’s operating expenses.
Investment cost: 80,000,000 pounds
Self-financed.
Type of contract: Lessor from others.
Management: Oberoi International Company for Restaurant and Resort Management.
The project is scheduled to be completed in January 2025 and operated in February 2025
Completion rate: 43.5%