Travco Group boosts its regional presence

Travco, in partnership with JPTD Zara Holding Investment, is to develop a five-star hotel of deluxe standards in 2008; located in Tala Bay Tourist Development Project, Al Aqaba Jordan.

The 61,000 m² property will be managed by Egyptotel Hotels and Resorts, subsidiary company of Travco, under the Iberotel brand. The plush resort features a 160m-wide beachfront, 306 guestrooms and suites; most of which overlook the sea.

The preliminary design of the hotel includes contemporary furnished guestrooms to be located on a three storey annex of the hotel's main building to ensure guests' privacy. The main building and its annex are at a walking distance from the sea shores. The main building will include the hotel's entrance lobby and reception, a 240m² ballroom, and a 70m² meeting room in a compact layout.

The lavish resort, currently under construction, will comprise a highly advanced fitness center, including a sauna and Jacuzzi, children's club, multi-purpose court, an amphitheatre, and an extensive swimming pool complex; in addition to, seven world class food and beverage outlets.

Moreover, the resort enjoys a perfect location in the Tala Bay, allowing easy access to most of its sports facilities, outlets and Marina. This development is in line with Zara Investment's aggressive growth policy aimed at maintaining and securing its leading market share in the Jordanian hotel market.

Egyptotel Hotels and Resorts portfolio consists of 32 hotels and Resorts in prime beach resorts in the Red Sea, Sinai and Upper Egypt and the Oasis with further hotel development projects near completion in the UAE and Oman. In addition, further development projects are in the pipeline for new properties in Cairo, Siwa and Safaga and further expansions planned to bring its portfolio to 42 properties by end of 2008.