• Privacy Policy
  • Advertise
  • Contact Us
  • Login
Egy Economy
Advertisement
  • Egy Economy
  • Economy
    • Local
    • International
  • Stock Markets
    • Stock Exchange
    • Cash
  • Prices
  • Real Estate
  • Tech
  • Tourism
  • More
    • Opinions
    • Success Story
    • Variety
  • العربية
No Result
View All Result
  • Egy Economy
  • Economy
    • Local
    • International
  • Stock Markets
    • Stock Exchange
    • Cash
  • Prices
  • Real Estate
  • Tech
  • Tourism
  • More
    • Opinions
    • Success Story
    • Variety
  • العربية
No Result
View All Result
Egy Economy
No Result
View All Result
Home Real Estate

Sea View Development partners with Absolute Hotel Services – Middle East & Africa to launch, operate U Residences & Hotel Sahl Hasheesh

إيجى إيكونومى by إيجى إيكونومى
2 July، 2026
in Real Estate
0
Sea View Development partners with Absolute Hotel Services – Middle East & Africa to launch, operate U Residences & Hotel Sahl Hasheesh
161
SHARES
2k
VIEWS
Share on FacebookShare on Twitter

Sea View Real Estate Development has entered into a strategic partnership with the international hospitality brand U Hotels & Resorts operate U Residences & Hotel Sahl Hasheesh as a premier branded residences destination.

The collaboration marks a significant step toward delivering a fully integrated hospitality and residential experience, further reinforcing Sahl Hasheesh’s standing as one of the Red Sea’s most distinguished tourism and investment hubs.

The agreement was signed by Mr. Sherif Roshdy, Chairman of Sea View Real Estate Development, and Mr. Kevork Deldelian, Managing Director of Absolute Hotel Services – Middle East & Africa, in the presence of senior representatives from both companies.

Commenting on the partnership, Mr. Sherif Roshdy, Chairman a of Sea View Development, said that the agreement represents a significant strategic milestone in the company’s growth journey and reflects its vision of developing world-class real estate and tourism projects that cater to the rising demand for premium hospitality-oriented property products.

Under the agreement, U Hotels & Resorts will oversee the full management and operation of U Residences & Hotel Sahl Hasheesh, ensuring exceptional service quality and a seamless hospitality experience for both residents and visitors.

Under the agreement with Absolute Hotel Services – Middle East & Africa, the owner and operator of the U Hotels & Resorts brand, all residential units within the development will be offered as branded residences, managed and serviced in line with international hospitality standards. The hotel component will likewise operate under the U Hotels & Resorts brand, creating a unified destination distinguished by consistent service excellence, premium amenities, and internationally benchmarked operational standards.

The project’s hotel will also be operated under the U Hotels & Resorts flag, ensuring a seamless guest and resident experience while maintaining consistent service quality and operational excellence across the entire destination.

U Hotels & Resorts will deliver a full suite of hospitality and property management services, including housekeeping, round-the-clock security, facilities management, and operational support, ensuring the preservation of asset value while providing residents and guests with a seamless, high-quality living experience.

Mr. Sherif Roshdy said, “We are confident that the future of hospitality real estate lies in projects that integrate private ownership with internationally managed hotel services. Through our collaboration with U Hotels & Resorts, U Residences & Hotel Sahl Hasheesh has evolved into a distinctive branded residences destination that sets a new benchmark for the region. The project combines strong investment fundamentals with an elevated lifestyle offering, creating lasting value for property owners and delivering an unparalleled experience for residents and visitors alike.”

He further noted that Sea View Development is a sister company of Edar Fine & Home Co., which has been active in the Egyptian and international real estate markets since 2007.

This longstanding experience has provided the company with deep insights into investor and customer needs, enabling it to develop competitive real estate products that meet international standards and appeal to both regional and global markets.

Roshdy added that the U Residences & Hotel Sahl Hasheesh project is located in one of the most prestigious areas of Sahl Hasheesh in Hurghada, spanning a total area of 20,630 square meters.

The development enjoys direct views of the Red Sea and is situated just 20 minutes from Hurghada International Airport and the city center, he pointed out.

He explained that the project’s land boasts exceptional advantages, being surrounded by golf courses from multiple directions and elevated approximately 40 meters above sea level. This unique topography ensures panoramic open views of the Red Sea and lush green landscapes from all units, while the beach is located less than 100 meters away.

The project features a distinctive tropical lifestyle-inspired architectural identity, with a design centered around open spaces, landscaped gardens, palm trees, and warm wooden elements. It also includes more than 1,600 sqm of swimming pools, water features, and cascading waterfalls, creating an integrated environment that seamlessly blends luxury, tranquillity, and nature.

The development comprises 251 fully finished residential and hotel units, offering a diverse mix of studios, apartments, duplexes, villas, and bungalows.

All units will be delivered to the highest standards of finishing and fit-out, equipped with internationally renowned air-conditioning systems, modern elevators, and comprehensive hospitality-grade amenities and services.

The project introduces a suite of flexible ownership and rental programs designed to maximize returns while offering complete convenience for property owners.

These solutions allow owners to enjoy their units for personal vacations during selected periods and generate additional income by placing them in professionally managed rental programs throughout the rest of the year.

Through dedicated investment packages operated by U Hotels & Resorts, owners can benefit from competitive rental yields and hassle-free asset management, supported by the group’s international hospitality expertise and operation standards.

Meanwhile, Mr. Kevork Deldelian, Managing Director of U Hotels & Resorts, stated that U Residences & Hotel Sahl Hasheesh marks a strategic addition to the group’s growing portfolio across the Middle East and Africa.

Deldelian said that the development reflects the company’s long-term vision to expand within high-growth leisure destinations, leveraging locations with strong tourism fundamentals and significant investment potential.

He added, “We recognized in this project a unique combination of a prime Red Sea waterfront location, refined design, and high-quality real estate development, all of which align with the standards upheld by our global brand. Through this partnership, we look forward to delivering an exceptional hospitality and residential experience that combines the privacy and comfort of homeownership with the premium hotel services for which U Hotels & Resorts is renowned worldwide.”

He affirmed that the project is set to become a successful model for internationally branded residential-hospitality developments in the Egyptian market.

Deldelian concluded that the development will further enhance Sahl Hasheesh’s appeal as a leading tourism and investment destination at both regional and international levels, particularly in light of the Egyptian government’s ongoing efforts to drive development and infrastructure growth.

Tags: Developmentegyeconomy

Related Posts

Zinox and Master El Zenouki Target New Export Markets Through China’s Canton Fair
Real Estate

Zinox and Master El Zenouki Target New Export Markets Through China’s Canton Fair

26 October، 2026
Diwan Real estate Development Expands Investments in Egyptian Market, Prepares to Launch Its Latest Resort Project in Ras El Hekma
Real Estate

Diwan Real estate Development Expands Investments in Egyptian Market, Prepares to Launch Its Latest Resort Project in Ras El Hekma

21 October، 2026
Mohsen: The Egyptian real estate market is strong and the current regulatory phase is natural after the significant projects expansion
Real Estate

Mohsen: The Egyptian real estate market is strong and the current regulatory phase is natural after the significant projects expansion

19 October، 2026
Wajha Developments cooperates with MOHM to enhance quality and luxury experience at MEE Hotel
Real Estate

Wajha Developments cooperates with MOHM to enhance quality and luxury experience at MEE Hotel

13 October، 2026
Life Sports Club and Genedy Construction Sign Agreement for Phases Two and Three
Real Estate

Life Sports Club and Genedy Construction Sign Agreement for Phases Two and Three

13 October، 2026
FRA Approves Incorporation and Licensing of Taj Misr for Underwriting and Fund Management
Real Estate

FRA Approves Incorporation and Licensing of Taj Misr for Underwriting and Fund Management

12 October، 2026
ADVERTISEMENT
No Result
View All Result

Recent Posts

  • Zinox and Master El Zenouki Target New Export Markets Through China’s Canton Fair
  • Egyptian Swiss Group Targets EGP 11 Billion in Turnover This Year as It Marks World Pasta Day
  • Diwan Real estate Development Expands Investments in Egyptian Market, Prepares to Launch Its Latest Resort Project in Ras El Hekma
  • EFG Hermes Completes Advisory Role on MNT-Halan’s IPO, Egypt’s Largest IPO Since 2021
  • Mohsen: The Egyptian real estate market is strong and the current regulatory phase is natural after the significant projects expansion
  • Egyptian Swiss Group Eyes European Expansion Through SIAL Paris 2026
  • Valu Partners with Air Arabia Egypt to Offer Flexible Travel Payments for Customers across Egypt and Jordan
  • Wajha Developments cooperates with MOHM to enhance quality and luxury experience at MEE Hotel
  • Life Sports Club and Genedy Construction Sign Agreement for Phases Two and Three
  • FRA Approves Incorporation and Licensing of Taj Misr for Underwriting and Fund Management
  • EFG Hermes UAE LLC Launches Market Making and Liquidity Provision Services on Dubai Financial Market
  • SAFE by Madinet Masr Expands Access to Real Estate Investment in Egypt with Fractional Ownership Starting from EGP 5,000
  • Urban Expansions receives “ISO 14001” and “ISO 41001” certifications for “GLOW TERRA TOWERS” project
  • El Zenouki and Zinox El Zenouki Showcase Latest Products at Obj Expo in New Cairo
  • Orascom Construction, Dar Engineering and The Arab Contractors among Big 5 Global Impact Awards 2026 finalists
  • Bank NXT Extends Collaboration with Network International to Modernize Payments Infrastructure
  • MRS Developments Launches “Viale District” in New Obour with Investments of EGP 1.5bn
  • Wajha Developments appoints Vodafone to provide technology infrastructure for MEE Hotel
  • Rock Developments Celebrates «ROCK EXPO II» Success and Honors Its Top Brokerage Partners
  • Bank NXT Signs EGP 2.1 Billion Credit Facility with Ezz Elarab Elsewedy Investments to Finance the Group’s Industrial Expansion

      Egy Economy

      © 2023 - إيجى إيكونومى.. بوابة إلكترونية متخصصة فى تغطية أخبار البيزنس والاقتصاد فى مصر والعالم العربى.

      روابط هامة

      • Egy Economy
      • Privacy Policy
      • Advertise
      • Contact Us

      تابعنا

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      No Result
      View All Result
      • Egy Economy
      • Economy
        • Local
        • International
      • Stock Markets
        • Stock Exchange
        • Cash
      • Prices
      • Real Estate
      • Tech
      • Tourism
      • More
        • Opinions
        • Success Story
        • Variety
      • العربية

      © 2023 - إيجى إيكونومى.. بوابة إلكترونية متخصصة فى تغطية أخبار البيزنس والاقتصاد فى مصر والعالم العربى.

      -
      00:00
      00:00

      Queue

      Update Required Flash plugin
      -
      00:00
      00:00