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EGOTH to develop Shepherd Hotel in 2016: EGOTH chairman - Daily News Egypt

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EGOTH to develop Shepherd Hotel in 2016: EGOTH chairman

Tourism company intends to develop Shepherd Hotel in Downtown Cairo in the framework of its strategy for maximising utilisation of assets


The Egyptian General Company for Tourism and Hotels (EGOTH) will develop the renowned Shepherd Hotel in Downtown Cairo at the beginning of 2016, according to EGOTH Chairman Samir Hassan Suleiman.

Hassan said the company has conducted all designs and drawings through a specialised engineering office.

“Development will be funded through an investor in return for a share of EGOTH Net operating profit to cover the investment cost recovery,” according to EGOTH chairman.

 

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