The company has inaugurated a new resort hotel in Dahab combined with a network of artificial lakes.
By the end of the year 2000, the Hilton hotel chain’s hotels along the Sinai coast will have doubled to eight, in a $200 million investment. This was reported by Hilton Sinai chain general manager Assam Abouda, at the inauguration of the new Hilton hotel in Dahab.
The 163 unit and suite resort hotel was built at an investment of $18 million. Most of the budget was directed at the construction of an artificial lakes system that drains off sea water over an enormous 18,000 sq.m. area.
The additional hotels will be built at Taba - another 400 room hotel added to the veteran hotel, which will be called Hilton Taba Beach - and two new hotels in Sharm el Sheikh - one with 330 rooms, named Hilton Dreams, and one with 270 rooms, named Hilton Falls.
The Hilton hotel chain currently has five hotels in Sharm el Sheikh (two), in Nuweiba, in Taba and now in Dahab.
Published by Israel's Business Arena March 18, 1999