SAVOY HOTEL LAND
Location: In Luxor, adjacent to Winter Palace and Mercure Luxor Hotels and EL-Kebash Road at an excellent location overlooking the Nile.The hotel is currently closed with no license.
Ownership: The Holding Company for Tourism and Hotels owns the land and hotel buildings.
Area: 23801.62 m2.
Investment: A real estate partnership contract has been signed with Wadi Degla Estate Development Company with investment cost 1,5 billion EGP to construct a 4 star hotel , spa, 2000 villas and chalets , commercial and entertainment area to the infrastructure required for the project.