Hotel101 Enters Africa with P6.44-Billion Project in Cairo - BusinessWorld Online
The joint venture marks Hotel101 Global’s entry into Africa, with the Cairo project expected to generate $102.09 million and finish by 2029.
- On Tuesday, Hotel101 Global Holdings Corp. , a subsidiary of Philippine-listed DoubleDragon Corporation, signed definitive binding agreements for Hotel101-Cairo West, a 750-room hospitality project in Egypt.
- Nearly 19 million tourists visited Egypt in 2025, while the country's population is estimated at about 118.4 million, driving demand for hospitality infrastructure as part of Hotel101's overseas expansion strategy.
- Situated on a 15,984-square-meter site along Ahmed Zewail Road in 6th of October City, the property sits about 10 minutes from the Giza Pyramids and the Grand Egyptian Museum .
- WNTR Property & Hospitality, an affiliate of IGI Holding, partnered on the development, targeted for completion by 2029 with an expected project value of 5.465 billion Egyptian pounds .
- Advancing toward its medium-term goal to operate in 25 countries, Hotel101 aims to reach its long-term objective of one million rooms across 100 countries globally, with Egypt marking a significant African entry point.
19 Articles
19 Articles
Jollibee billionaire Tony Tan Caktiong brings $102 million hotel project to Africa with 750-room Cairo property
Hotel101 Global, the international hotel company backed by Jollibee billionaire Tony Tan Caktiong, is entering Africa with a $102.09 million property planned for Cairo. The Nasdaq-listed company has signed binding agreements with WNTR Property & Hospitality, an affiliate of Egyptian conglomerate IGI Holding, for a countrywide hotel-development partnership.
Hotel101 debuts in Africa with P6.44-B Egypt hotel project
MANILA, Philippines — Hotel101 Global, the Nasdaq-listed hospitality subsidiary of DoubleDragon Corp., is positioning itself in Africa by building one of Egypt’s largest hotels, with a project value pegged at P6.44 billion. In a statement on Wednesday, the company said its unit had signed definitive agreements with WNTR Property & Hospitality, an affiliate of Egyptian conglomerate
Hotel101 to open hotel in Egypt
Hotel101 is set to open a hotel in Egypt.
The Toronto Star
Hotel101 Global Enters Egypt – Its First Entry in the African Continent
Today, October 20, 2026: Hotel101 Global signs definitive binding agreements for a country-wide joint venture in Egypt, starting with an approx. 750-room Hotel101-Cairo West, Egypt.
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