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Palace Beach Resort Marassi opens in North Coast

Businessmen Team news 02 August 2025 10:35 PM
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Palace Beach Resort Marassi opens in North Coast

Prime Minister Dr. Moustafa Madbouly attended the official inauguration of Palace Beach Resort Marassi, the latest hotel developed by Emaar Misr for Development, in the Marassi project on Egypt’s North Coast. The ceremony was also attended by Mohamed Alabbar, Founder of Emaar Properties. The resort operates under Emaar Hospitality Group with total investments amounting to EGP 9 billion.

Emaar Misr has added Palace Beach Resort Marassi as the eleventh hotel within the hospitality portfolio of Marassi. The addition marks a new milestone in the company’s 18-year presence in the Egyptian market.

The Prime Minister affirmed that the Egyptian state remains committed to encouraging tourism investments, particularly in strategic locations such as the North Coast. The government continues to support efforts aimed at transforming this area into a year-round destination for tourism and economic activity.

Emaar Misr launched the new resort as part of its broader strategy to redefine luxury tourism by offering hospitality experiences that align with leading international standards. The development of the resort coincides with the ongoing recovery of Egypt’s tourism sector, supported by the national vision to strengthen the country's global tourism position through a combination of cultural heritage, natural diversity, and modern infrastructure.

Emaar Misr continues to contribute to this progress by delivering integrated tourism projects that meet the highest standards of design and service. The North Coast has emerged as one of the most attractive and competitive tourist destinations in the region.

The Marassi North Coast development has played a central role in boosting local and international tourism. In 2024, the project recorded more than 4 million visitors and welcomed over 30,000 hotel guests. Marassi includes more than 8,000 residential units and supports a vibrant community of around 21,000 permanent residents.

Emaar Misr constructed the new hotel on a land area of approximately 140,000 square meters. The property features 87 rooms and suites with scenic views, along with 31 luxury villas. The resort offers a full range of facilities including a meeting room, beachfront restaurant, gym, swimming pool, spa, and beauty salon, providing guests with a comprehensive accommodation experience.

Mohamed Alabbar confirmed that the launch of the resort reflects Emaar’s commitment to delivering premium hospitality experiences that enhance Egypt’s position on the global tourism map. The hotel, which features modern architecture and fully integrated services, caters to travelers seeking luxury stays along the Mediterranean coast.

Emaar Misr aims to attract a broader base of domestic and international tourists through the resort’s location within the Marassi master development. The company continues to reinforce the North Coast’s reputation as a leading tourism hub in the Middle East.

The ongoing development of Marassi reflects Emaar’s focus on delivering excellence in both infrastructure and services. The project includes more than 500 commercial outlets, 60 percent of which operate in the retail sector. It also features 17 children’s play areas, 50 swimming pools, and 267 yacht berths.

The Marassi project covers a total area of 6.5 million square meters, of which 4.1 million square meters are dedicated to open green spaces. The development includes a 6.5-kilometer beachfront and a 16-kilometer waterfront promenade.

Emaar Misr has also introduced 1,600 hotel keys within the project, along with a golf course and a wide array of entertainment and sports facilities, positioning Marassi as a fully integrated tourism destination designed to meet the needs of visitors with diverse interests.