IHG signs The Residences at Hotel Indigo Mountain View Ras El Hekma
Signing of Hotel Indigo Branded Residences
The agreement marks the debut of the world's first branded residences under the Hotel Indigo brand.
IHG Hotels & Resorts has announced the signing of The Residences at Hotel Indigo Mountain View Ras El Hekma in collaboration with Mountain View for Development and Real Estate Investment. The agreement marks the debut of the world's first branded residences under the Hotel Indigo brand. It builds on the signing of the 100-key Hotel Indigo Mountain View Ras El Hekma hotel, further strengthening IHG's Luxury & Lifestyle portfolio and growth in Egypt.
Set within Egypt’s North Coast, property will comprise 280 branded residential units, including studios and one, two and three-bedroom apartments. The residences will be located alongside Hotel Indigo Mountain View Ras El Hekma.
Haitham Mattar, Managing Director, India, Middle East & Africa, IHG Hotels & Resorts, said, “Launching the world’s first Hotel Indigo branded residences reflects how our brands continue to evolve beyond traditional hospitality to meet changing guest and owner expectations. Together with Mountain View, we are creating a residential experience that combines the individuality and neighborhood character Hotel Indigo is known for with the trusted service and quality of IHG in one of Egypt’s most exciting destinations.”
Amr Soliman, Founder and Executive Chairman of Mountain View, said: “The launch of The Residences at Hotel Indigo Mountain View Ras El Hekma, the first Hotel Indigo-branded residential development worldwide, reflects our international partners’ confidence in Mountain View’s vision and our ability to deliver innovative real estate products that meet global standards. It also demonstrates our belief in Ras El Hekma’s significant potential to become a vibrant, integrated, year-round coastal destination that brings together residential living, hospitality, entertainment and distinctive lifestyle experiences.”
The development forms part of Mountain View’s Ras El Hekma masterplan, a beachfront community designed to bring together hospitality, residential, retail, leisure and shared amenities. The Residences at Hotel Indigo Mountain View Ras El Hekma will be positioned within this wider destination, offering residents a coastal lifestyle experience shaped by the surrounding neighborhood and supported by the adjacent hotel.
IHG Hotels & Resorts currently operates 10 hotels in Egypt across four brands: InterContinental, Crowne Plaza, Holiday Inn and Staybridge Suites with a pipeline of 26 hotels scheduled to open in the coming years, underscoring the Group’s long-term commitment to Egypt’s hospitality sector.
