The hospitality services offered by Prime Hospitality Management Group- First and largest company specialized in managing serviced apartments and holiday homes in Egypt (and now in Saudi Arabia), by providing innovative alternative for tourists, foreign residents, Arabs and Egyptians that matches their needs while staying in Egypt with new style of accommodation, as servied apartments, villas and holiday homes, which are currently growing in the Egyptian tourism market. The services of Prime Hospitality Management Group are expanding all over Egypt in the most important locations, resorts, and cities, with increasing management contracts signed by the group with multiple investors in Egypt and Saudi Arabia.
Moataz Amin, the CEO and Managing Director of Prime Hospitality Management Group, announced signing a contract with Tarek Al-Saadi, the Managing Director and CEO of Sharm El Sheikh Real Estate company, to manage units in the city of Sharm El Sheikh on the Red Sea coast.
Moataz Amin stated : the units in Sharm El Sheikh combine leisure opportunities with the privacy of staying in unique tourist resorts.
Amin also revealed that the nature of Sharm el Sheikh resorts has many features that combine relaxation and leisure opportunities with the privacy of living in a unique tourist resort. The total building area does not exceed 20% of the project’s total area, 80% of the resorts are green spaces. Guests can enjoy other services such as swimming pools and beach access, as well as fulfil their needs from nearby commercial areas, restaurants, and various entertainment facilities around. Also provides adventure trips and water activities available on request to complete the experience provided by the concierge service from Sharm El Sheikh office.
Moataz Amin: A new concept of serviced accommodation and hospitality is growing in Sharm Elsheikh.
CEO of Prime Hospitality Management Group affirmed that Prime Hospitality Management Group will improve a new concept of accommodation in Sharm El Sheikh, where the customer will get a unique experience with more space, living facilities and privacy in the city’s resorts, based on the vision of Sharm El Sheikh Real Estate, the exclusive partner of Prime Group in South Sinai, which focuses on trust, harmony, and enhancing ideas and choices at every stage of investment.
On the other hand, Tarek El Saadi, the Managing Director and CEO of Sharm El Sheikh Real Estate, expressed his happiness in contracting with a major entity like PHMG, especially with its professional management in the field of serviced apartments and holiday homes, committed to providing service to tourists in a professional manner and meeting the needs of both foreign and local customers.
Tarek Saadi: We contracted with PHMG because they are trusted in earning the highest ROI.
Sharm El Sheikh Real Estate Company strongly supports the concept of exporting real estate, which is encouraged and adopted by the Government , Tarek El Saadi said , through its contracts with foreign and Egyptian investors to purchase units with high potential, as well as Prime’s ability to achieve the best return on investment for owners by renting them out while maintaining the unit in good condition, achieving profitable rental income, and at the same time allowing owners to use their units at any time for a vacation, ensuring their homes are ready and in the best condition under professional management, “Saadi” said.
The CEO of “Sharm El Sheikh Real Estate company” pointed out that the ROI in real estate in Sharm El Sheikh is higher than the North Coast, where units can be rented out from 100 to 150 nights annually compared by the north coast, which is rented out from 60 to 70 nights annually at most.
Tarek El Saadi: Sharm El Sheikh units have a wonderful and breathtaking nature, along with all the tourist facilities and services available.
Tarek also mentioned that the units in Sharm El Sheikh managed by PHMG stand out with a wonderful and breathtaking nature, along with all facilities and services available. They are spread across several luxury resorts such as Sharm Lagouna Live, Golf Heights, Golf Heights 2, Sharks Bay Oasis, Aurora Oriental Resort, which are located in the best locations in Sharm El Sheikh, specifically in Nabq Gulf area, 11 km away from Sharm El Sheikh International Airport.
El Saadi added that the new road network implemented by the state has significantly boosted tourism projects in Sharm El Sheikh, such as the new Sharm El Sheikh road, increasing tourist traffic and encouraging travel to Sharm El Sheikh throughout the year.
Khaled El Sayyad: Prime Hospitality Management Group offers a new concept for staying in serviced residential units in Sharm El Sheikh.
Prime Hospitality Management Group offers a new concept for staying in serviced residential units in Sharm El Sheikh, where the units spreaded across Sharm El Sheikh resorts stand out with a wonderful and diverse nature, various tourist facilities to ensure privacy and achieve the highest customer satisfaction , Khaled El Sayyad, Chairman of “Prime Hospitality Management Group” said. In addition to the resort’s facilities, each residential unit has various spaces characterized by high-quality finishes, with comfortable interior designs providing customers with great space for privacy and relaxation” El Sayyad said.
Khaled El Sayyad: Sharm El Sheikh is a distinctive addition to the “Prime Holidays” brand and for further expansion.
Khaled El Sayyad added that the partnership with Sharm El Sheikh Real Estate Company is a distinctive remarks to the “Prime Holidays” brand, marking the group’s first partnership idea in Egypt and the beginning of expansion in South Sinai after the brand’s success in the North Coast and El Gouna. The number of units will be 38 holiday homes under the “Prime Holidays” brand, ranging from villas to chalets starting from one room up to four rooms, catering to all customer requirements, whether families or individuals looking for a special vacation experience.
He also revealed that preparations are underway to open this month a new building under the “Prime Residence” brand in New Cairo to complement the group’s projects in various governorates of the republic under all its brands, to reach over 400 by the end of 2024