Minor Hotels, a hotel owner, operator and investor, currently with a portfolio of 527 hotels and resorts in 55 countries across Asia Pacific, the Middle East, Europe, South America, Africa and the Indian Ocean, is pleased to announce its upcoming debut in
Egypt with the launch of a new build Oaks 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 a total of approximately 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 programmes 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.