Capital Elite and Wyndham Launch EGP 13bn Luxury Hotel & Residences Project in West Cairo
In a landmark move reflecting global investor confidence in Egypt’s real estate sector
Capital Elite Developments announced a strategic partnership with Wyndham Hotels & Resorts
the world’s largest hotel franchising company, to develop Wyndham Hotels & Residences Cairo
West with total investments of EGP 13 billion
Strategic Collaboration with a Global Hospitality Leader
The agreement was signed by Eng Mostafa Mansour, Chairman of Capital Elite Developments
and Mr. Dimitris Manikis, President of Wyndham Hotels & Resorts for Europe, the Middle East
Eurasia, and Africa (EMEA), in the presence of senior officials from both companies
Eng Mansour stated
Our collaboration with Wyndham Hotels & Resorts for this flagship development in West Cairo
marks a major milestone for Capital Elite Leveraging Wyndham’s global hospitality expertise adds
exceptional value to the project and underscores our commitment to partnering with world-class
entities to deliver distinctive real estate developments in Egypt He also emphasized that the project
supports the Egyptian government’s plan to expand hotel capacity in West Cairo
Prime Location and Luxury Design
Located in the vibrant Dreamland area, near the Giza Pyramids and the Grand Egyptian
Museum, the project is one of the largest integrated hotel and residential developments
in Egypt. It combines luxury, innovation, and strategic location, making it ideal for both
business and leisure tourism The five-star hotel and branded residences will include 600 units
150 hotel rooms and 450 branded residencesalongside 1,500 sqm of event space, plus world-class
sports and recreational facilities, all designed to meet Wyndham’s global standards
Construction Timeline and Phase Launch
Capital Elite has partnered with ACE Moharram Bakhoum for engineering consultancy, with plans
to launch the first phase within 45 days The full project is scheduled for completion by December
2029, aiming to create an iconic architectural landmark in West Cairo
Eng Mansour highlighted that this development represents a key milestone in Capital Elite’s
expansion strategy, with plans to deliver additional hotel and residential projects across Egypt
through partnerships with international hospitality brands that enhance the quality of the local
real estate and tourism sectors
Wyndham’s Commitment to Egypt’s Tourism Growth
Mr. Manikis remarked
Egypt’s tourism sector is witnessing remarkable growth, with rising demand for
premium accommodation, making it a key market for Wyndham’s expansion in North
Africa. This agreement demonstrates our commitment to delivering world-class hospitality
and exceptional experiences to travelers, while providing branded residence owners with
the advantages of Wyndham’s global reach, extensive expertise, and comprehensive partner support
