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Hilton and PRE Group Sign $259 Million Deal for 10 Egypt Projects

Hilton Partners with PRE Group for $259M Egypt Hotel Projects
Image: Ocean Park Ocean Hotel Construction Site in 2015 by Ceeseven via wikimedia, by-sa

Hilton and Egypt’s PRE Group finalized a $259 million agreement to develop ten hospitality projects across Egypt. The deal includes six hotels and four branded residential ventures.

Together, the projects will add approximately 2,000 rooms and units to Egypt’s hospitality sector, according to Forbes Middle East. This partnership marks a significant investment targeting growth in the region’s hotel market.