Businessman Prince Alwaleed bin Talal from Saudi Arabia and Egyptian Hisham Talaat Mostafa, checked the Four Season Resort in Sharm el Sheikh for extension to the resort. Around 800 rooms will be added to the 5 star resort and costing over $380 million.
The present Four Seasons Resort was opened in 2002. The extension to the hotel will be partnership involving the Kingdom Holding Company and Talaat Moustafa Group.
Upon the completion of the expansion project in 2019, Four Seasons Resort Sharm El Sheikh is on tract to be officially the world’s largest Four Seasons resort, with 1400 rooms in total. The project will certainly positively affect tourism flow to the city.
More development projects by Talaat Moustafa Group, in cooperation with Four Seasons in Madinaty, have been in the works for east Cairo, and the north west coast of Alamein.
Four Seasons Resort in Sharm el Sheikh was rewarded ‘TripAdvisors travellors choice 2017’ and the tourism in Sharm el Sheikh and Hurghada are on the increase.