Amer inks deal with Marriott to brand and manage Marriott Residences Heliopolis, Cairo
Amer Group Holding Co announced that its subsidiary Delmar for Touristic Development signed an agreement with Marriott International for the branding and management of an extensive project named Marriott Residences Heliopolis, Cairo.
The agreement was signed by the CEO of Delmar for Touristic Development, Dr.Hosny Hany, and authorized representatives at Marriott International.
Marriott Residences Heliopolis, Cairo spans over 27,000 meters and are located on El-Thawra Street in Heliopolis within a few minutes from Cairo International Airport, Roxy Square, and Korba.
The project, which features over 1,300 premium branded residences with an estimated investment cost of EGP 3.5 billion, will be offered for sale over several phases beginning in the coming days. project phase one are scheduled for completion in four years.
A renowned international agency has been engaged to make design changes which will comply with Marriott International’s requirements.
The Marriott Residences Heliopolis, Cairo is not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). Delmar Tourism Development, a company of Amer Group use the Marriott marks under a license from Marriott.