Egyptian hotel and resort group Pickalbatros has announced a partnership with the UAE's NG9 group to build 3 hotels in Marsa Alam on the Red Sea coast.
Kamel Abou Aly, Chairman of Pickalbatros Hotels, revealed that planned investments for the three-hotel project amount to around $180 million, adding that the new hotels will add 1,800 rooms and will be built on land owned by the group on the Red Sea coast.
