Egyptian General Company for Tourism & Hotels

What Egyptian General Company for Tourism & Hotels does

Egyptian General Company for Tourism & Hotels (EGOTH) is a wholly state-owned Egyptian hospitality company established in 1976 and headquartered at 4 Latin America Street, Garden City, Cairo. It operates as a core subsidiary of the Holding Company for Tourism, Hotels and Cinema (HOTAC), with all shares held by the Egyptian Government. EGOTH owns and operates a portfolio of seven hotels across Egypt's major tourism destinations — including the historic Shepheard Hotel, Cosmopolitan Hotel (built 1902), and Cleopatra Hotel in Cairo; Retac Qunay Dahab Resort (182 rooms), Retac El Arish Resort (217 rooms), and Aura Resort Sidi Abd El-Rahman (151 rooms) on the Red Sea, Sinai, and North Coast; and Nefertari Abu Simbel Hotel (108 units) on Lake Nasser — plus the Opal Floating Restaurant on the Nile and two hotels under development. Most operational hotel management is delivered through management contracts with international and regional operators including Mandarin Oriental, Taj Hotels (IHCL), Plaza INN, Arkan Company, Megotac, and Aura Hotel Management.

EGOTH generates revenue primarily through direct hotel ownership and usufruct arrangements, supplemented by management and licensing fees from brand partnerships. The company holds stakes in 15 joint ventures across tourism, hotels, and tourism development with a combined book value of approximately EGP 302 million. It also operates a non-commercial education vertical comprising three higher institutes and two upper-intermediate institutes in Alexandria, Luxor, and Ismailia that supply trained hospitality professionals to the sector. In FY2024/2025, EGOTH reported net distributable profits of EGP 2.714 billion, up 24.55% year-on-year from EGP 2.179 billion in FY2023/2024.

The company's core go-to-market is a hybrid of direct B2C hotel operations across its owned portfolio and B2B relationship-building with global hospitality operators through management agreements — most notably the December 2025 signing with Indian Hotels Company Ltd (Taj Hotels) for a 300-room Taj property at Cairo's Opera Square, transforming the historic Grand Continental Hotel. EGOTH's primary customers are international tourists seeking luxury, heritage, and resort accommodations, alongside domestic travelers and tourism-sector students in its training institutes. The company participates in international tourism exhibitions (Budapest, Belgrade) through the Egyptian Tourism Authority to drive inbound demand.

Name

Egyptian General Company for Tourism & Hotels

Legal name

The Egyptian General Company for Tourism & Hotels

Website

https://egoth.com.eg

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Egyptian General Company for Tourism & Hotels (EGOTH) is a wholly state-owned Egyptian hospitality company, established in 1976, that owns and operates seven hotels and resorts across Cairo, the Red Sea, Sinai, and Upper Egypt, plus five tourism training institutes. It serves international tourists through direct ownership and management partnerships with international brands including Taj Hotels and Mandarin Oriental.

Ownership category

akta.pro rank

Product category

Hotel & Resort Hospitality

NAICS

Management of Companies and Enterprises (55111)

SIC

Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)

akta.pro secondary industry

Hospitality (Hotel) Property Management (BPAJAGAG)

Keywords

• Hospitality services
• Hotel operations
• Tourism services
• Resort management
• Hospitality training

Headquarters

HQ city

Garden City

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Others

Revenue model

1. Hotel Ownership and Usufruct Rights: EGOTH owns and operates 7 hotels under operation with usufruct rights, plus 2 hotels under development and a cruise (Opal Floating Restaurant). The company generates revenue through direct hotel ownership, management contracts with international brands, and usufruct arrangements.
2. Hotel Management Agreements: EGOTH partners with international hotel management companies (Taj, Mandarin Oriental, Plaza INN, Megotac, Arkan) through management contracts where these operators run EGOTH-owned properties, generating management fees.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Egyptian General Company for Tourism & Hotels owns, operates, and co-invests in hotel and resort properties across Egypt, supported by hospitality training institutes that supply trained personnel to the tourism sector. It also operates a Nile cruise vessel and pursues joint ventures with international hotel brands to manage and brand its assets.

Product overview

Egyptian General Company for Tourism & Hotels (EGOTH) is a state-owned Egyptian hospitality company that operates a diversified portfolio of 7 hotels and resorts under operation, 2 hotels under development, 5 training institutes, and multiple joint ventures. The company's hotel portfolio includes historic Cairo properties (Shepheard Hotel, Cosmopolitan Hotel, Cleopatra Hotel), Red Sea/Sinai resorts (Retac Qunay Dahab Resort, Retac El Arish Resort, Aura Resort), and Southern Egypt properties (Nefertari Abu Simbel Hotel). Properties are managed through partnerships with international brands including Taj Hotels (IHCL), Mandarin Oriental, Plaza INN, Arkan, Megotac, and Aura Hotel Management. EGOTH also operates a network of 3 higher institutes and 2 upper-intermediate institutes in Alexandria, Luxor, and Ismailia that provide vocational education in tourism and hospitality management, granting bachelor's degrees and diplomas accredited by the Supreme Council of Universities. The company is a subsidiary of the Holding Company for Tourism, Hotels and Cinema (HOTAC), with shares fully owned by the Egyptian Government.

Differentiator

Problem solved

Functional benefit

Brands

• Retac: Brand name for EGOTH's resort properties including Retac El Arish Resort, Retac Qunay Dahab Resort, and Nefertari Abu Simbel Hotel.

Named customers1 record

Segments2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered flagship, core and minor.

• Indian Hotels Company Ltd (IHCL) / Taj HotelsflagshipStrategic or Co-development Partner · 22 December 2025IHCL signed a management contract with EGOTH for a 300-room Taj hotel in Cairo at Opera Square, marking the Taj brand's debut in Egypt. The hotel will be developed within Cairo's heritage zone, transforming the historic Grand Continental Hotel while preserving key architectural elements. The project is overseen by Egypt's Prime Minister Mostafa Madbouly as part of the government's plan to enhance tourism and hospitality.
• Holding Company for Tourism, Hotels and Cinema (HOTAC)coreOthersEGOTH is a subsidiary of HOTAC, one of the region's largest hotel-owning companies that works with many leading hotel brands and owns a large inventory of land in prominent locations in Egypt for tourism and hotel development.
• Mandarin OrientalcoreChannel Partner/ Reseller/ DistributorMandarin Oriental manages the Shepheard Hotel in Cairo, one of EGOTH's landmark properties undergoing renovation. The hotel is closed for development with engineering studies under preparation.
• Plaza INNcoreChannel Partner/ Reseller/ DistributorPlaza INN manages the Cosmopolitan Hotel in Cairo, EGOTH's heritage property built in 1902 and located in the heart of downtown Cairo.
• Megotac Company (میجوتاک)coreChannel Partner/ Reseller/ DistributorMegotac Company manages multiple EGOTH properties including Retac El Arish Resort and Retac Qunay Dahab Resort, operating these hotels on EGOTH's behalf.
• Arkan CompanycoreChannel Partner/ Reseller/ DistributorArkan Company manages the Cleopatra Hotel in Cairo, located at Tahrir Square with Nile views.
• Retac CompanycoreChannel Partner/ Reseller/ DistributorRetac Company manages the Nefertari Hotel Abu Simbel, located on the shores of Lake Nasser in Aswan Governorate near the famous temples of Ramses II and Nefertari.
• El Montazah Company for Tourism & InvestmentminorStrategic or Co-development PartnerJoint venture with EGOTH holding 50% stake. Capital: EGP 100 Million. Contributes to EGOTH's portfolio of tourism investments.
• Tourism Urbanization CompanyminorStrategic or Co-development PartnerJoint venture with EGOTH holding 70.61% stake. Capital: EGP 65,013,490. Focused on tourism development projects.
• The Arab Company for Hotels & Tourism Investment (ACHTI)minorStrategic or Co-development PartnerJoint venture with EGOTH holding 71.302% stake. Capital: EGP 140 Million. Arab investment in tourism and hotels.
• Al Ismailia Company for TourismminorStrategic or Co-development PartnerJoint venture with EGOTH holding 25.30% stake. Capital: EGP 12 Million.
• Taba Tourism Development CompanyminorStrategic or Co-development PartnerJoint venture with EGOTH holding 12.5% stake. Capital: EGP 294 Million. Focused on Taba region tourism development.
• Misr Aswan Tourist CompanyminorStrategic or Co-development PartnerJoint venture with EGOTH holding 19.54% stake. Capital: EGP 52.4 Million. Related to Aswan tourism properties including Nefertari Abu Simbel Hotel.
• HOTAC For Tourism & Real Estate DevelopmentminorStrategic or Co-development PartnerJoint venture with EGOTH holding 50% stake. Focused on tourism and real estate development.
• Megotac HospitalitycoreChannel Partner/ Reseller/ DistributorJoint venture with EGOTH holding 45% stake. Capital: EGP 10 Million. Hospitality management company for EGOTH properties.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Holding Company for Tourism, Hotels and Cinema (HOTAC): EGOTH's parent and one of the largest hotel-owning holding companies in the region. Comparable as a state-owned hotel owner/asset manager working with international brands across Egypt. Direct overlap in portfolio strategy, brand partnerships, and government-aligned tourism mandates.
• Rotana Hotels & Resorts: Largest hotel owner-operator in the MENA region with a portfolio of owned, managed, and franchised hotels. Comparable asset-heavy hotel investment model in the same regional tourism corridor and similar reliance on owner-branded mixed-use developments.
• Mövenpick Hotels & Resorts: International hotel operator with strong presence in Egypt and MENA targeting resort and business travelers. Comparable as a partner-management model in the same markets (Egypt, Red Sea resorts) and similar integration with government-tourism priorities.
• Kempinski Hotels: European luxury hotel management company with properties across the Middle East including Egypt. Comparable as a luxury operator managing third-party-owned heritage properties in prime tourism destinations, a model EGOTH uses with Mandarin Oriental and others.
• Sun International: South African hospitality and gaming group with emerging-market hotel operations. Comparable as an owner-operator of resort and destination assets in politically complex emerging markets where sovereign and tourism-policy cycles materially affect performance.
• Accor (Middle East & Africa operations): Global hospitality major with significant MEA presence including Egypt. Comparable as a major international brand operating through management contracts on third-party-owned hotels (the same model EGOTH uses) but with much larger asset-light franchise/loyalty reach.

Direct peers

• El Salam Hotels & Resorts: Egyptian hotel chain with multi-property portfolio across Cairo, Sharm El-Sheikh, and Hurghada targeting both leisure and business travelers. Comparable asset-based ownership model in the same Egyptian destinations and similar reliance on international tour operators.
• Jaz Hotels & Resorts: Egyptian-headquartered hospitality group operating hotels and resorts across the Red Sea and Nile regions. Comparable as a regional hotel owner-operator in the same destinations with similar tiered resort portfolio and government-tourism alignment.

Emerging players

• Indian Hotels Company (Taj Hotels): Tata Group subsidiary and current strategic partner of EGOTH for the new Taj Cairo project. Relevant as a comparable flagship owner-operator pursuing hotel management contracts in emerging markets, with overlapping strategy on heritage-property repositioning.

Regional players

• Cairo Capital for Real Estate Development & Tourism Investment: Egyptian tourism and real estate development company with hotel and resort projects in Egypt. Comparable as a domestic Egyptian tourism-asset owner competing for similar prime-location real estate in Cairo and resort markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Egyptian General Company for Tourism & Hotels