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Hotels & Resorts
Travco Group's hospitality company manages Egypt's largest chain of 52 hotels and resorts under the Jaz, Sol Y Mar and Iberotel brands, together with the Steigenberger Hotels AG portfolio of 79 hotels in Europe. With a vision to shape and expand the Egyptian travel industry, Travco Group has masterminded four large-scale destination resorts at Madinat Makadi in Hurghada, Almaza Bay in Mersa Matruh, Madinat Coraya in Marsa Alam, and Mirabel Resort in Nabq, and continues to grow with a dynamic expansion plan targeting Europe and the United States and of course the Middle East.
The hotels and resorts segment is the largest contributor to the Group's profitability representing around 60% and 73% of the group's combined EBITDA and net profits.
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