Information |
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Company name | Holding Company for Tourism and Hotels |
Chairman | Ms. Mervat Ali Hataba |
Tel. | (202) 27940036- 24013039- 24013038 |
Fax. | (202) 27952056- 24012912 |
info@hotac.com.eg | |
Website | www.hotac.com.eg |
Address | 4 Latin America Street, Garden City ,Cairo, Egypt 6 Elmokhyyam Eldaem Street, 6th District, Nasr City,Cairo, Egypt |
Board Of Directors |
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Ms. Mervat Aly Hassanein Hataba | Chairman |
Mr. Adel Amin Wally | |
Mr. Mohamed wahab- Allah Mohamed | |
Mr. Amr Mohamed El Shafay | |
Mr. Aymen Fouad Abd El-Aziz |
|
Mr. Mohamed Maged El-Menshawy | |
Board Members | |
Legal Advisor to the Company: | |
Mr. Ashraf Abd El-Sadek |
Affiliated Companies:
1. Egyptian General Company for Tourism & Hotels ”EGOTH”
2. El-Maamoura Company for Construction & Tourist Development
3. Misr Company for Sound, Light
4. Egyptian Products Company
5. Clothes & Consumer Products Company (Sednaoui)
6. Modern Fashion Company ( Benzaion – Adas – Revoli )
7. High Fashion Stores Company (Hanaux – Salon vert – Cicurel – Gatinue – Pontrimoly)
8. Misr Travel Company
9. Misr Hotels Company
in Egyptian pounds
Indicator | 2016/2017 | 2017/2018 | 2018/2019 |
Net Operating Revenue | 207420880 | 180752543 | 275632173 |
Interest Expenses | – | – | – |
Net Income | 163068963 | 155801143 | 191656585 |
Working Capital | 2053830539 | 2562166795 | 2661678698 |
Number of workers | 191 | 191 | 186 |
Joint Ventures:
The company also shares in joint ventures operating in the fields of tourism and hotels.
– The issued capital :146.089 million Egyptian pounds.
– Contribution value: 30 million Egyptian pounds
– Contribution percentage: 20.54%
Company Projects:
Establishment of apartments and villas on the two sides of the road to the Red Sea suitable for middle class citizens.
– The issued capital : 55 million Egyptian pounds
– Contribution percentage of HOTAC: 10%
– Contribution value: 5500 million Egyptian pounds
* The capital of the company has been reduced by 55 million Egyptian Pounds as a result of selling the land and the hotel of Albalina.
HOTAC got 5.5 million Egyptian Pounds ( the value of its contribution to the company’s capital ).
Company Projects
Managing, operating and developing the floating Hotels “Tut & Hoteb”
– The issued capital: 35 million Egyptian pounds
– Contribution value: 70 thousand Egyptian pounds
– Contribution percentage: 0.2 %
– The issued capital: 30 million Egyptian pounds
– Contribution value: 3.75 million Egyptian pounds
– Contribution percentage: 12.5%
– The issued capital: 1.065 billion Egyptian pounds
– Contribution value: 58.800 million Egyptian pounds
– Contribution percentage: 5.52%
Chairman's Message
It gives me great pleasure to welcome you to the website of the Holding Company for Tourism and Hotels (“HOTAC”), hoping that it will provide you with detailed information about our company’s subsidiaries, joint ventures and assets.
HOTAC is one of the leading companies in the field of tourism and hotels in Egypt and the Arab world, which has a great experience in this field.
HOTAC is supported by Board Members with great experience in the fields of tourism, hotels, economy and administration, and also by highly qualified staff willing and able to achieve the company’s goals.
HOTAC is also supported by subsidiaries with extensive experience, most of which were founded at the beginning of the second half of the twentieth century.
HOTAC owns a group of the most luxurious historic and modern hotels in Egypt, operated by the most renowned and reputable international hotel management companies. Some of our historic hotels were inaugurated in the nineteenth century.
In order to maintain our leading position on top of the companies operating in the field of tourism and hotels nationally and globally, and also to keep up with the latest international developments in this field, we regularly renovate and develop our hotels and tourist facilities according to international standards.
Finally, I would like to emphasize that our primary goal is to provide our guests with excellent service, convenient and pleasant stay.
I welcome you once again to our website. We highly appreciate any comment and feedback you may have, in the aim of strengthening our relations and enriching this site with your valued contributions.
Mervat Hataba
Chairman
The Holding Company for Tourism and Hotels
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