Hill International to Provide Project Management, Construction Management and Site Supervision Services for Four Seasons Hotel Luxor, Egypt

Rhea-AI Summary

Hill International (NYSE:HIL) has been chosen by Talaat Moustafa Group to provide project management and construction services for the new Four Seasons Hotel in Luxor, Egypt. This hotel will bolster the local tourism sector and is expected to be completed by March 2025. The development will span 21,400 square meters and feature around 200 rooms, restaurants, and fitness facilities. Hill's involvement reflects the company's commitment to supporting Egypt's tourism revival, which is rebounding post-pandemic, as highlighted by CEO Raouf Ghali.

Positive

• Winning the project management contract for the Four Seasons Hotel Luxor enhances HIL's portfolio in tourism projects.
• The new hotel is expected to stimulate local tourism in Luxor, potentially leading to increased revenue opportunities for HIL.
• Completion of the project by March 2025 aligns with the recovery phase of the tourism sector in Egypt.

Negative

• None.

PHILADELPHIA and CAIRO, Egypt, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by the Talaat Moustafa Group (TMG), to provide project management, construction management, and site supervision services for the Four Seasons Hotel Luxor, Egypt. The project will support global tourism in Upper Egypt, just as TMG’s Four Seasons hotels in Cairo, Sharm El Sheikh, and Alexandria promoted tourism in their respective destinations. The new hotel represents a great addition to the Luxor tourism sector and reflects the improving tourism indicators across Egypt as a whole.

Sited on the Nile River, the hotel and its annexes will be located on 21,400 SM of land in Sultana Malak in the Luxor Governorate. The five-star, premium tourist hotel will comprise around 200 rooms and suites, restaurants, meeting rooms, parties, gymnasiums, a health club, and other annexes. The project’s anticipated completion date is March 2025.

Waleed Abdel-Fatah, Senior Vice President of Hill’s Africa region said of the selection: “The Hill team has been a proud member of numerous projects in Egypt’s cultural and tourism industries, including several assignments for TMG. We understand the importance of these projects in promoting the nation as a unique, high-end destination. TMG’s new Four Seasons project marks Hill’s entrance into the booming Luxor tourism sector and is sure to be a new gem for the area.”

Hill Chief Executive Officer Raouf Ghali adds, “We are seeing tourism projects and programs regain the momentum lost during the pandemic, and this new Four Seasons Hotel in Luxor demonstrates this trend. Given the attractions of the region, our company is confident Egypt will remain a leader in drawing international travelers to its sights and scenery.”

About Hill International

Hill International, with more than 3,000 professionals in over 100 offices worldwide, provides program management, project management, construction management, project management oversight, construction claims, dispute resolution, advisory, facilities management, and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as one of the largest construction management firms in the United States. For more information on Hill, please visit our website at www.hillintl.com.

Forward Looking Statements

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FAQ

What is Hill International's latest project?

Hill International has been selected to manage the construction of the Four Seasons Hotel in Luxor, Egypt.

When is the Four Seasons Hotel Luxor expected to be completed?

The Four Seasons Hotel Luxor is anticipated to be completed by March 2025.

How does the Four Seasons Hotel project impact HIL's business?

The project enhances HIL's portfolio and is expected to increase revenue opportunities through its role in the tourism sector.

What role does Hill International play in the Four Seasons Hotel project?

Hill International will provide project management, construction management, and site supervision services for the hotel.

Why is the Four Seasons Hotel important for Luxor's tourism?

The hotel will contribute to the local tourism sector, capitalizing on improving tourism indicators in Egypt.