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SODIC, GOCO Hospitality partner to operate GOCO Retreat

SODIC, GOCO Hospitality partner to operate GOCO Retreat

Arab FinanceSixth of October Development and Investment Company (SODIC) (OCDI) has signed a letter of intent (LoI) with the world’s leading spa and wellness operator GOCO Hospitality for the operation of GOCO Retreat at The Estates, according to an emailed press release on August 16th.

As per the signed LoI, SODIC and GOCO Hospitality will partner to provide hospitality and wellness services at The Estates to ensure an exceptional luxury experience.

“GOCO’s world-class luxury wellness offering perfectly complements The Estate’s as one of SODIC’s signature developments. We are excited to bring our residents this wellness experience and look forward to a successful partnership,” SODIC’s Managing Director Magued Sherif commented.

Spanning an area of four acres at The Estate, GOCO Retreat serves as “the ultimate urban retreat”.

GOCO Hospitality, which has over 400 projects across 42 countries, is serving major hospitality brands and developers, including Four Seasons Hotels and Resorts, Capella Hotels and Resorts, The Ritz-Carlton Hotel Company, Bulgari Hotels and Resorts, Viceroy Hotels and Resorts.

Established in 1996, SODIC is a mixed-use developer listed on the EGX, with a portfolio of diversified projects across Egypt, particularly in Cairo and the North Coast.

 

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