Oaks Hotels, Resorts & Suites is pleased to announce its upcoming debut in Egypt with the launch of a new build property.
Scheduled to open in 2025, Oaks Egypt New Capital Apartments & Suites will be located in the heart of the Egyptian New Administrative Capital and will begin construction early next year. The property will bring 400 apartments and suites to the market in this fast-developing new administrative and financial capital.
An industry leader in modern residential-style accommodations, Oaks Hotels, Resorts & Suites provides a home away from home for both savvy corporate travellers and leisure tourists alike. Oaks Egypt New Capital will be housed across two wings, connected centrally at the rooftop and on the ground floor with a spacious retail area. One wing will feature a mix of Suites and Studios, in addition to One-Bedroom and Two-Bedroom branded apartments. The other will feature 203 branded Suites.
Facilities at the property will include multiple restaurants, a lobby lounge, a spa and gym, in addition to meeting and co-working spaces. The property will also have a rooftop pool deck for guests and residents.
Egypt’s New Administrative Capital is a large-scale masterplan launched by the government in 2015. Located 45 kilometres to the east of central Cairo, the new city will house the entire government, ministries, foreign embassies and the local headquarters of many international companies. The masterplan is amongst the country’s largest programs for economic growth as set up by the Egypt Vision 2030.
The new property is owned by Margins Development, a private real estate developer with numerous high-end commercial projects in Cairo.
Of the launch, Craig Hooley, COO for Oaks Hotels, Resorts & Suites commented, ‘The growth of the Oaks portfolio into Egypt is a strong step forward for the group, as we expand into the MENA region and add a new country to our footprint.
Located in the heart of the rapidly developing Egyptian New Administrative Capital, it will be ideal for the corporate traveller needing to be close by to the main government departments and ministries, foreign embassies and local headquarters of many global companies.
We are confident that we will deliver Oaks’ ‘home away from home’ promise to all those staying in our first Egyptian property.’
About Oaks Hotels, Resorts & Suites
An industry leader in modern residential-style accommodations, Oaks Hotels, Resorts & Suites provide a home away from home for both savvy corporate travellers and leisure tourists alike. Maintaining consistently high standards of amenities and services across the board, each Oaks property prides itself on connecting the visitor to the spirit of its locale. Exemplified by quality and affordability, Oaks welcomes guests to an ever-expanding group of more than 60 properties in Australia, New Zealand, the United Arab Emirates, India and Qatar.Oaks Hotels, Resorts & Suites is a member of the Global Hotel Alliance (GHA), the world’s largest alliance of independent hotel brands.
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