Royal Azur & Club Azur - Egypt

As part of the acquisition of Garranah, the Group has acquired interest in two operating hotel properties located in Makadi Bay, south of Hurghada, Egypt. These two hotels offer a total of 819 guest rooms. Royal Azur, a five star hotel, offers 480 rooms, whole Club Azur, a four star hotel, offers 339 rooms. The Group owns a controlling stake of 51% in the two properities.

Citadel Azur

The Group fully owns a five star hotel in Sahl Hashish, 20 km south of Hurghada, Egypt. Citadel Azur hotel, offers a total capacity of 514 luxurious guest rooms. The hotel is attached to the Cape Citadel project, a residential real estate development which plans to offer 504 apartments and 80 villas. Homeowners in Cape Citadel can enjoy full acess to all the amenities and facilities offered by Citadel Azur and a marina which offers a total capacity of 28 berths. The Citadel Azur hotel commenced operations during the fourth quarter of 2008.

Floating Hotels

As part of the acquisition of Garranah, the Group has acquired interest in eight floating hotels (Nile cruisers) offering a total of 410 cabinets.