Arab Finance: Radisson Hotel Group outlined its expansion plans in Egypt, with goals to reach 30 hotels, resorts, serviced apartments, and branded residences in operation and under development by 2030, according to an emailed press release.

The group currently operates five properties in Egypt, with another eight under development across Greater Cairo, the New Capital, the North Coast, and the Red Sea.

Radisson Hotel has signed an agreement for the 162-room Radisson Blu Resort El Alamein, marking its second resort in the North Coast destination. The project will further strengthen the group's business along Egypt's Mediterranean coastline and expand its hospitality offering for leisure travelers.

It is also set to introduce its Radisson Collection brand to Egypt's Red Sea coast through the upcoming Radisson Collection Resort, Marsa Alam Port Venice, diversifying its resort portfolio and extending its footprint into another major tourism destination.

In Greater Cairo, the developer is establishing the 398-key Radisson Serviced Apartments Kawn in 6th of October City as part of a mixed-use project by Elaf. The property will include facilities serving apartment guests and visitors to the development office complex, catering to business travelers and guests seeking extended stays.

Additionally, Radisson Hotel has signed a management agreement with Al Naser Developments to operate 150 Radisson Serviced Apartments within a mixed-use development in the New Capital.

Ayman Ezzedine, Senior Director Development Middle East, Northeast Africa & Pakistan, Radisson Hotel Group, said: “Working closely with our owners, we are matching each location with the right brand and hospitality product, from distinctive resort experiences to serviced apartments that meet the needs of business and longer-stay guests.”