MG Developments has officially launched VALO Hospitality, its new dedicated hospitality

management arm, as part of a comprehensive strategy aimed at seamlessly integrating

real estate development with professional hotel operations This initiative is designed to

add sustainable value to both the company’s ongoing projects and its clients

VALO Hospitality Marks a Strategic Shift for MG Developments

According to Mohamed Motawea, Chairman of MG Developments, the launch of VALO Hospitality

is part of a broader five-year expansion plan The company plans to invest EGP 2 billion in the

hospitality sector, which reflects its commitment to enhancing asset returns, diversifying income

streams, and mitigating the seasonal demand fluctuations typically seen in tourism-based projects

Motawea emphasized that the establishment of a dedicated hospitality arm is a strategic pivot for

the company He highlighted that hospitality management is now viewed not just as a supplementary

activity but as a core function that safeguards asset value and ensures long-term returns for investors

Plans to Operate Six Hotels with Over 600 Rooms

As part of this expansion, MG Developments plans to develop and operate six hotels, with

a combined inventory of more than 600 rooms and suites This strategy includes the

standardization of leasing and operational procedures to meet unified, professional standards

ensuring that the group’s developments maintain their premium positioning in the market and

provide an elevated guest experience The hospitality strategy in Ain Sokhna targets various

market segments, including leisure tourism, family stays, business travelers, and MICE

(Meetings, Incentives, Conferences, and Exhibitions)

To support this, four modern meeting and conference halls are being developed

in New Cairo and Ain Sokhna, which will contribute to higher occupancy rates and

reduce seasonal demand fluctuations

Notable Hospitality Projects within MG Developments’ Portfolio

Several of MG Developments’ key projects include dedicated hospitality components

In Blue Blue Resort, the company operates the La Cabana Beachfront Hotel, which is

currently in its soft opening phase Additionally, another hotel at the resort has been

completed structurally and is undergoing interior finishing, with an expected launch

by the end of 2027 A five-star hotel is also under construction, set to open in 2028

Moreover, the resort includes an integrated beachfront cabin area with 120 wooden cabins

a dog-friendly beach, and a seaside restaurant complex, catering to a broad range of guests

including leisure and family travelers, business guests, and those seeking short- or medium-term stays

At the Solara Project, MG Developments is constructing two hotels with a total of 260 rooms

set to open in 2029.These hotels will offer full-service hospitality, and discussions are underway

with a leading international hotel brand to manage one of the hotels according to global standards

ensuring top-tier operational quality

Expanding Hospitality Management Beyond MG’s Own Projects

VALO Hospitality is not limited to managing only MG’s own projects. The company

aims to expand its management services to include both internal and external hotel

assets, building an independent platform capable of providing professional hospitality

services to third-party clients This strategy aims to generate sustainable returns for

clients while preserving the long-term investment value of the properties under its

management

MG Developments’ Vision for 2030

MG Developments’ vision through 2030 is to solidify its position as a leader in integrated

real estate development, coupled with hospitality management The company’s expansion

strategy includes geographic growth in regions such as the North Coast, East and West Cairo

and Ain Sokhna, ensuring sustainable growth through a seamless integration of development

operations, and asset management

Key Projects by MG Developments

MG Developments’ diversified portfolio includes notable projects such as

Blue Blue Sokhna Resort: Spanning 120,000 sqm, this project consists of six phases

featuring chalets, villas, and hotel units

The Mark: A mixed-use development in the Downtown area of the New Capital

covering 3,200 sqm with a low building ratio of 30%

ProMark: A commercial and administrative project in the New Capital, covering

8,836 sqm, known for its strategic location and unique design

HQ (Headquarters Business): An administrative project in New Cairo, covering 5,000 sqm

Premium Business: The group’s second commercial-administrative project in

Fifth Settlement, New Cairo