IHG accelerates growth in Egypt with dual Holiday Inn signing and marks entry into the city of Aswan

IHG Hotels & Resorts, one of the world’s leading hotel companies, has signed management agreements for two new Holiday Inn branded hotels in Aswan, Egypt, marking the brand’s entry into one of the country’s most significant heritage and tourism getaways.

Holiday Inn Aswan:
- 200 rooms, located near the city center and major tourist attractions.
- Scheduled opening: 2029.
- Features: three dining options and five versatile meeting venues.

Holiday Inn Resort New Aswan:
- 200 rooms, situated in the newly developed New Aswan district.
- Scheduled opening: 2030.
- Designed for resort-style stays, blending natural beauty with cultural richness.

Strategic Importance
- Aswan is celebrated for its Nile landscapes, Nubian culture, and ancient heritage sites (including the Temple of Philae).
- The city’s location makes it a key tourism hub, offering a mix of archaeological heritage, river-based travel, and immersive cultural experiences.

IHG’s Growth in Egypt
- Currently operates 10 hotels across 5 brands (InterContinental, Crowne Plaza, voco, Holiday Inn, Staybridge Suites).
- Pipeline of 23 more hotels planned in the coming years, underscoring long-term commitment to Egypt’s hospitality sector.

Leadership Perspective
- Haitham Mattar, MD for India, Middle East & Africa: Egypt is a priority growth market, and these signings strengthen IHG’s legacy there.
- Local partners (Misr Holanda & Avenue for Development): Confident that Holiday Inn’s global reputation will elevate Aswan’s hospitality landscape.

This move positions Aswan as a stronger international destination while reinforcing IHG’s footprint in Egypt.