Destinations Africa

Marriott to meet with Egyptian officials to figure out tourism’s new playing rules

Excerpt from Bloomberg Businessweek

Skift Take

Marriott’s hope for a positive trade agreement following President Obama’s promise of a $1 billion aid package to Egypt may have been weakened after a Tunisian hotel was attacked for serving alcohol earlier this week.

— Samantha Shankman

Marriott International Inc. (MAR) plans to add three hotels to the seven it now operates in Egypt and wants assurance that the country’s new Islamist-dominated government will welcome tourists and the alcohol they like to consume.

Nile Hilton to the right, soon to be the Ritz-Carlton

One of the Marriott’s seven operating hotels in Egypt is the Ritz-Carlton along the Nile River. Photo by Chris Clarke.

Egypt did both under President Hosni Mubarak, who ruled for 30 years before being ousted last year during the Arab Spring revolutions that swept the Middle East. Executives for Marriott plan to join a trade delegation to Egypt this week to see if those policies will change under the newly elected President Mohamed Mursi, whose Muslim faith generally shuns alcohol.

Other companies participating in the trade mission include Boeing Co. (BA) of Chicago; Citigroup Inc. (C) of New York; Coca-Cola Co. (KO) of Atlanta; General Electric Co. (GE) of Fairfield, Connecticut; Google Inc. (GOOG) of Mountain View, California; and FedEx Corp. (FDX) of Memphis, Tennessee, according to the U.S. Chamber of Commerce.

Read the Complete Story →

More Stories Below ▼
9 Digital Trends We’re Tracking at Skift This Week
Free Report: What Millennials Want in Meetings
Skift Business Traveler: Uber and Lyft Infiltrate American Airports
The Rise of Personalized All-Inclusive Luxury

The Rise of Personalized All-Inclusive Luxury

Lufthansa Offers Direct Booking Savings and Agents Aren’t Happy
The State of Travel Media 2015
Trend Report

The State of Travel Media 2015