In the midst of a severe Covid-19 pandemic that ravaged the economies of major world countries, and almost completely paralyzed the tourism movement, after countries imposed restrictions on travel, ‘Meeting Point Group (MPG)’ has been ‘ achieving successes in the development of hospitality and reception services.
It proved its ability to win the trust of visitors through a set of precautionary measures and competitive offers in its hotels.
On the impact of the international pandemic on the group’s business, and its plan for investment expansion in the Egyptian market, we had this dialogue with Hedi Ben Aissa, Cluster General Manager of the Meeting Point International Group.
Do you see Egypt as a promising market for hotel investment?
Egypt enjoys various fields of tourism attraction; the most important are archeological or cultural tourism as one of the oldest types of tourism in Egypt, where the landmarks of the ancient civilizations are visible. Despite the multiple types of tourism, Egypt’s cultural tourism remains the unrepeated, unique and non-competitive component of tourism, as Egypt possesses one third of the world’s known monuments.
Egypt has one of the perfect sunny weather with such beautiful beaches and underwater world that considered one of the unique nature in the world.
Besides cultural and archaeological tourism, many tourism attraction types have addressed broader segments of tourists across the world, including recreational tourism, beaches tourism, religious tourism, therapeutic tourism, eco-tourism, sports tourism, safari tourism, desert tourism, yacht tourism, and maritime tourism in addition to festivals tourism, and cultural events and finally conferences and exhibitions tourism.
Do you have an investment plan in the Egyptian market in the coming years?
We now own and manage two 5-star hotels with 505 rooms and 4-star hotel with 339 rooms and leasing another 1 with 189 rooms all in Makadi Bay, Red Sea district and we are planning to expand our brands across all the country.
What is the size of Meeting Point’s investments in Egypt and the Middle East?
Let me introduce to you Meeting Point International. It’s a part of the FTI Group, which was founded in September 2015.
MP Hotels is an international hospitality company with a portfolio of 4 brands LABRANDA, Kairaba, Design Plus, and Lemon & Soul comprising more than 50 properties in 8 countries and 3 continents.
In Egypt and Middle East, we own and manage LABRANDA Royal Makadi a 5-star hotel, including 505 rooms, and LABRANDA Club Makadi 4 stars hotel 339 rooms, we have Lemon & Soul leased hotel 189 rooms all in Makadi Bay Red Sea district Egypt.
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