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This hotel has 600 rooms with a casino licence it is at present closed but plans to fully reopen by end of
March 2021,
The casino will be completely new with the latest slots and gaming tables at a cost of appox $3.000.000
and could be open by March complete with a full casino management team of 54 years experience if required
The location is in a beautiful sandy bay, in one of the best location areas in southern Egypt
This property is a reduced price due to closure some time ago but had an 85-90% occupancy rate before closure,
The hotel will be renovated, restyled, and refurbished with a cost of approx. $4,600.000 to a 5 star standard with many modern Ideas by experienced hotel managers/operators with a total of 26 years in travel, hospitality, food and beverage
This asking price includes everything above on handing over the keys, at a greatly reduced price of $60,000,000 including taxes & fees,

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