IHG® Hotels & Resorts has announced the signing of a management agreement with Pyramids Group for Urban Development to bring a new luxury hotel to Egypt: InterContinental Cairo New Capital.
Scheduled to open in early 2026, this signing reinforces IHG’s commitment to growing its brand portfolio in the country and solidifying its presence in the luxury and lifestyle segment in the region.
Joining Holiday Inn New Assiut Asayla, Hotel Indigo Mountain View North Coast, Hotel Indigo Mountain View iCity New Cairo, Hotel Indigo Mountain View iCity 6th of October City and Hotel Indigo Mountain View Ain El Sokhna, the latest development marks the sixth IHG hotel to be signed in Egypt this year.
Featuring 300 rooms, InterContinental Cairo New Capital will be centrally located in the New Capital, which was built as part of Egypt Vision 2030 to bolster the economic development of the country.
The new development will offer leisure and business guests a wide range of dining options including all-day and specialty restaurants, a rooftop bar and café lounge. The hotel will also feature an outdoor and indoor pool, a 250-square-meter health club, an 800-square-meter spa, a business center and eight meeting rooms.
Haitham Mattar, managing director of India, Middle East & Africa at IHG, said: “Egypt is an important market for us in the region, and we are delighted to be part of and contribute to the economic growth of country with a number of new signings this year, including the latest addition to our portfolio: InterContinental Cairo New Capital. We are honored to partner with Pyramids Group for Urban Development who have a distinct vision for their 45,000-square-meter mixed-use development in the prime location of the New Administrative Capital in Cairo. We are confident that the new hotel will add great value to this development and cater to its elite clientele as well as take the legacy of our luxury portfolio forward with a best-in-class, brand-defining product.”
Hisham el Kholy, chairman of Pyramids Group for Urban Development, said: “The concept of the development, its size and quality of the master plan makes it a unique destination. With IHG’s rich history and local experience in the country, combined with its international standards and global systems, we are confident that the hotel will be a great success and offer our guests a luxurious stay within the New Capital in Cairo.”
IHG currently operates five hotels in Egypt across eight brands, including InterContinental, Crowne Plaza, Holiday Inn and Staybridge Suites. Nine additional hotels are in the development pipeline, which are due to open within the next three to five years.
