Who2 won't like this.
Something I researched a while ago which deals in passing with Rocco Forte, the Luxor Hotel and other Forte proposals in Egypt which have all blown up - and I suspect not because of 2011. Mainly its a part story of the mess that is government ownership of hotels in Egypt.
Tourism is Important to Egypt.
If that were true things would be different.
EGOTH/HOTAC (the government holding company for more than a score of seized hotels including the Cecil, Winter Palace and Cataract) owns Shepheard’s in Cairo and had a falling out with Helnan a Danish hotel management firm in 2009 and ended up in arbitration on another hotel they own and Helnan managed. Following this they got rid of Helnan/Helnan went home and then HOTAC did a three ringed circus contract signing performance with Rocco Forte’s butler to announce a new bright future for the hotel – and a full renovation.
http://investmentpolicyhub.unctad.org/I ... artyRole=2
Wena Hotels and others have also fought it out with EGOTH in international arbitration – and always win even when HOTAC use thugs, violence, intimidation and the threat of worse.
https://www.italaw.com/cases/1162
Nothing has happened since. The hotel has been closed for nearly 5 years and Forte has made his future intentions reasonably clear – nothing in Egypt. The Supreme Hoteliers can’t even be bothered to update their website which currently says the hotel re-opened 3 years ago. It’s a sign of their tourist/marketing skills that they forget to do this.
How they focus on any one thing is not clear because they own a chain of stores, an underpants manufacturing company, cinemas, the light shows at Giza and Luxor, MISR travel, their agricultural businesses and car retail ones and dozens of businesses as a minority shareholder – with the majority shareholder always being connected persons.
Forte is no fool or scattered thinker and he also pulled out of the EGOTH owned 82 room Luxor Hotel proposal and other ‘deals’ in Egypt. This is what the Luxor Hotel looked like a few years ago and I assume that continued EGOTH management has all but destroyed it – well done. One assumes that most of the mature trees and plants in the large garden are now well dead from care.
At the moment there is no one interested in it so it will only get worse and more likely bulldozed.
Meanwhile Forte is opening a new medium sized luxury hotel in Jeddah – not the 1,000 room model Egypt loves.
https://www.thecaterer.com/articles/494 ... y-business. He is also opening in Morocco and other places in the region.
Maybe EGOTH could propose to Forte a new initiative for the coast – 50,000 caravans and 5,000 Butlins wading pools and swings.
With Shepheard’s abandoned, the Luxor falling down, the old Continental owned by EGOTH in Cairo near ‘opera’ square has been derelict for decades, pillaged and every day its demolition becomes more inevitable. Its like not resoling your shoes for 20 years – or even 5. The end becomes inevitable because you never did your job.
In 2016 it looked something like this:
Here is a 2017 photo for the tourist Brochures:
The public Park in front of it has ceased to be public with 3/4rs of it given over to storage of something – surely a better purpose and part of the beatification of 19th century downtown Cairo before it falls down/after it falls down.
A local journalist with a savage view of EGOTH and their mismanagement of the Continental.
https://www.thenational.ae/business/pat ... et-1.73964
A very recent article saying they are going to demolish it and build shops and a 250 room hotel – in a part of town where only a fool would build a new hotel because its not even a useful location for business travellers and the new Imperial Capital and GEM will switch human movement hugely and unpredictably.
https://www.albawaba.com/business/cairo ... ion-753676
They also own the Cosmopolitan Hotel built around 1900 and near Talat Harb Square. It was run as a 3 star hotel which must be a fine example of HOTAC’s judgment – why run a centrally located period designed hotel at 3 stars. I think there have been cat fights with western managers (Swiss or French but not certain) following which its been closed for quite a few years for a renovation that may not have started. What I remember was a period when it was under EGOTH direct management. It was putrid with cigarette smell, and I smoke, and full of sleazy businessmen from the region who seemed interested in only one thing.
Here is the exterior which has some charm. The furniture and rooms were designed by Cairo ‘professionals’ and therefore tasteless and not very functional.
Mena House is one of theirs and about 8 years ago they had a brawl with the long term Indian Hotel Management company that specializes in 5 star historic hotels Oberoi, (HOTAC had previously had a brawl with the same company over their management of the ‘Elephantine Hotel’ which led to deep unpleasantness and the eviction of Oberoi) following which the EGOTH idiots tried to run the hotel themselves for 18 months, failed, and then flogged it at short notice to Marriot as lessees following which it was closed in part or whole for another renovation.
They also have 1, possibly 2 modern style hotels on Zamalek or in Giza which are falling down. The Swiss Hotel in Luxor behind the Winter Palace – closed and derelict for ages – is also their’s.
They really know what they are doing, even if no one else does.
Essentially they sit on, I mean sit on, assets seized from ‘foreigners’ by Nasser in the 50’s (compensation still not paid in all cases) and have not done much on the coast or Sinai and, as far as I can work out, are not involved in the New Imperial Capital. The Armed Forces of Egypt, using the taxpayers money and free conscript laborers, are expanding their huge hotel holdings with a new 5/6 star hotel in Sisi-city. Here are some views which will surprise only a few.
I think the swans are vomiting.
Here is a tasteful object in the hotel ‘garden’ like something out of Doctor Who, or is it Darth Vader. Does anyone think the palm trees survived their gardeners/army conscript slaves
A strident local article on the hotel and Sisi city – a la Marie Antoinette.
https://www.middleeasteye.net/news/egyp ... 1705208428
This palace in Alex on the waterfront is very, very oddly owned by the Government’s Hotel organization (that lets its properties collapse if they are not leased to international hotel chains) Vacant for70 years its now for the bulldozer to be replaced with a 10,000 bed hotel
http://egoth.com.eg/en/aziza-fahmi-pala ... -situation. The Government’s documentation to attract investors is incoherent and doesn’t add up. It follows the standard Egyptian lines – if its pretty and on the beach cram it with awful high rise and concrete plazas.
Their corporate structure is so confused/devious/chaotic it exhausts me. Here is one example of an historical hotel casino they own adjacent to the Montazah Palace via the Montazah Company for Tourism and Investment Chairman is Major General -Ahmed El Makhzangi whose relevant knowledge is apparent to all – el Samalek Hotel and Casino – allegedly 5 star and a former royal hunting lodge. Its not much of a hotel with only 20 rooms so you wonder whether the Supreme Hoteliers or the Major General have a clue. At first sight it has charm.
Reviews are 3/5 but all, a very short number, are locals so I don’t believe a word. My suspicion is that it operates as a publically funded private club for insiders – probably in uniform.
A more recent and accurate picture of it is this so it was let run down:
Here the story gets bizarre. A few years ago the Supreme Antiques, skilled in hotel management, took charge of it and decided to redevelop the hotel and casino consistent with their role and objectives. Where they got the money for this and the property development skills god knows but who will manage it is clear – an insider. They set the targets so it should have reopened on 1 November 2018. What’s the betting it will be a couple of years late and a couple of times over budget.
https://egyptindependent.com/antiquitie ... ek-palace/
So its owned by HOTEC via a subsidiary they own which is headed by a general who has leased (?) it to archaeologists who will then sub-lease it to a hotel management company after the archaeologists have contracted a builder to redevelop it (on what lines and using what knowledge for how a hotel/casino/kitchen/function area should work I leave to you). Don’t the antiques have higher priorities like opening the Greco-Roman museum that’s been closed for renovations for 9 years, the preservation of the crumbling, dirty Greek ruins and undertaking some digging in the city for the first time in 70 years?
Does it ever cross the Supreme Antiques minds that they might try to preserve some of the better 19th century buildings in Alex? This hotel venture is another off agenda waste of time and money in a country where no bureaucrats can stay on message or deal with screaming priorities for more than a second.