Kamel Abou Ali, chairman of Pickalbatros Hotels & Resorts, announced the group's acquisition of the "Grand Serene Sharm El Sheikh" resort in the Montazah area, which features a direct view of Tiran Island.
Abou Ali added that Pickalbatros's acquisition of the Grand Serene Sharm El Sheikh resort confirms the group's keenness to expand in resorts overlooking the Red Sea, noting that the group currently owns and operates 4 resorts in Sharm El Sheikh with an operating capacity of about 2,000 hotel rooms: Royal Albatros Moderna in Nabq Bay, Albatros Aqua Park resort, Aqua Blu resort on the Um El Sid plateau, in addition to Albatros Grand Serene resort in Montazah, Sharm El Sheikh.
