12 Hotels with 2,600 Rooms Contracted in 2026
Four New Accor Brands Enter the Egyptian Market This Year
Global hospitality group Accor is marking 45 years of operations in Egypt by signing agreements to develop 12 new projects comprising more than 2,600 hotel rooms in 2026. The group is adding to these achievements with the announcement of two new agreements during the Future Hospitality Summit Egypt 2026 (FHS Egypt 2026), for the launch of Mövenpick New Mansoura and Mercure Ain Sokhna hotels.
These achievements reflect Accor’s leading position in the Egyptian market, where the group currently operates 38 hotels with more than 15,000 rooms, alongside a growing development pipeline of over 20 properties comprising more than 7,000 rooms.
This momentum reflects Accor’s strategy of expanding its geographical footprint, diversifying its hotel brands, and responding to growing demand for residential projects that combine ownership benefits with hotel hospitality services. In 2026, four new Accor brands entered the Egyptian market: Pullman, Tribe, Adagio, and ibis Styles. The group also signed agreements to develop 900 branded residential units and extended-stay units across four mixed-use projects. These include Novotel Residences New Cairo Lusail, comprising 450 residential units and marking Accor’s first residential project in Egypt under its midscale hospitality brand category.
Accor signed an agreement with El Borolossy Group to launch Mövenpick New Mansoura, a 200-room hotel in a prime location on the Mediterranean coast. Scheduled to open in 2030, the hotel will offer a beach destination with easy access to major cities in the Nile Delta. Facilities will include all-day dining restaurants, specialty restaurants, meeting and event facilities, a swimming pool, a fully equipped fitness center, and a spa.
Accor also signed an agreement with the Egyptian Canadian Marinas Company, a joint venture with Inventure Group, in partnership with Suez Urban Development Company, the project’s landowner, to redevelop a 104-room beachfront hotel under the Mercure Ain Sokhna brand. The hotel is scheduled to open in 2028.
Located approximately one hour from Cairo, the hotel is positioned to cater to growing demand for short beach breaks and coastal destinations near the capital. Guests will enjoy direct beach access, a swimming pool, meeting and event facilities, and a rooftop restaurant offering panoramic views of the Red Sea.
Maya Ziada, Accor’s Chief Development Officer for Premium, Midscale and Economy brands in the Middle East, Africa and Türkiye, said: “Egypt has long been a cornerstone of Accor’s growth in the region over the past 45 years, and today our commitment to the future of this promising market is stronger than ever. This exceptional year reflects our partners’ strong confidence in the group and the scale of opportunities created by the continued development of the hospitality sector across the country.
“Our strategy goes beyond increasing the number of our hotels and projects. It focuses on bringing the right brand to the right destination, whether in established tourism hubs, emerging cities or coastal destinations, while creating sustainable value for our partners. Through our diverse portfolio and extensive experience in the local market, we remain committed to supporting Egypt’s tourism ambitions and helping shape the next phase of growth in its hospitality sector.”
In this context, Adel Yassin, Chairman of the Egyptian Canadian Marinas Company, said: “Ain Sokhna enjoys a prime location close to Cairo, enhancing its appeal as a beach holiday destination. Through our partnership with Accor to relaunch the hotel under the Mercure brand, we look forward to delivering an internationally recognized hospitality experience, complemented by new dining options and beachfront leisure experiences on the Red Sea, in line with growing demand for domestic leisure tourism in Egypt.”
Salah El Borolossy, Chairman of El Borolossy Group, said: “New Mansoura is one of the promising urban centers on the Mediterranean coast. Our partnership with Accor to introduce the international Mövenpick brand to the city marks an important milestone in our group’s expansion into the hospitality sector. The hotel will offer contemporary accommodation options and distinctive dining and leisure experiences, catering to both business and leisure travelers, while contributing to the long-term sustainable development of the local community.”
