Pyramids starts $50m facelift project
Le Méridien Pyramids last month announced the start of a two year development project, amounting to a total investment of $50 million.
The project includes the construction of an additional 165 rooms and a full upgrade of the existing property to five star deluxe standards. In addition, a 1700 sq m state of the art spa will be added along with exciting and innovative restaurants for both in-house guests and Cairo residents alike.
The development & design of the project has been undertaken by the renowned London group WAT&G. The bedroom extension will open towards the end of 2009 with the remainder of the project to be completed soon afterwards.
In addition to the above works, the exterior façade of Le Méridien Pyramids will be enhanced along with all landscaping. In addition, another swimming pool will be constructed adjacent to the existing pool to further enrich the experience offered to guests.
Barry Curran, general manager of Le Méridien Pyramids Hotel, believes such a substantial investment reflects confidence in the future growth of the tourism industry in Egypt.
“This is a very strong market and the potential is enormous, not least because of the construction of the new Egyptian Museum which will be located close to the hotel,” he said. “With the latter in place, Le Méridien Pyramids will be well positioned to capitalise on the growing demand for this unique and extraordinary location.”
Le Méridien brand, currently represented by about 120 properties in 52 countries, was acquired by Starwood Hotels & Resorts Worldwide in November 2005. With close to 70 percent of its properties located in Europe, Asia-Pacific, Africa and the Middle East, Le Méridien provides a strong international complement to Starwood’s primarily North American holdings.
Plans are on the cards for a dynamic expansion of Le Méridien-branded hotels within the next five years, concentrating in the United States, Latin America, and Asia Pacific, including destinations such as India, Thailand and China.