The Abu Dhabi Tourism Investment Company (ADTIC), a subsidiary of the state-owned Abu Dhabi Fund for Development (ADFD), signed an agreement with French hospitality group Accor to manage and operate the Sofitel Legend Pyramids Hotel, located near the Grand Egyptian Museum in Giza.
The 303-room luxury hotel, with an investment of approximately $100 million (excluding land costs), is set to break ground in December 2024.
The hotel is expected to be opened in May 2027, Zawya reported, citing ADTIC’s CEO Yahia Kotub.
Kotub also highlighted the partnership with Accor, stating that the Sofitel Legend brand would “merge French luxury with Egypt’s rich heritage to redefine the luxury travel experience in Giza”.
ADTIC is 84 per cent owned by the Abu Dhabi Development Fund, with additional shares held by the Abu Dhabi National Hotels (ADNH) and Egypt’s Ministry of Public Business Sector.
The company’s hotel portfolio includes Movenpick Sharm El Sheikh and Mercure Hurghada, with the Sofitel Legend Pyramids set to be its third major hospitality project.
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