VALO Hospitality, a subsidiary of MG Developments, has signed a strategic partnership agreement with Qatar-based Retaj Hotels & Hospitality to operate and manage the RETAJ VALO Hotel, one of the key hospitality components of the Solara development in Ain Sokhna.
The partnership aims to strengthen the project’s hospitality offering, enhance occupancy rates, maximize investment returns, and increase the long-term value of the hospitality units, supporting Solara’s position as a leading integrated coastal destination.
Retaj Hotels Brings Extensive Regional Expertise in Hospitality Management
The agreement leverages Retaj Hotels & Hospitality’s extensive experience in hotel and resort management, supported by a strong track record and a wide presence across Gulf markets.
Through this collaboration, both companies seek to deliver a world-class hospitality experience based on international standards, combining operational excellence with premium services to meet the expectations of visitors and investors.
The partnership also reflects the shared vision of creating a fully integrated hospitality model that enhances Solara’s appeal as a premier tourism and leisure destination in Ain Sokhna.
Retaj Group: Entering the Egyptian Market Marks a Strategic Expansion Milestone
H.E. Sheikh Nayef Bin Eid Al Thani, Chairman of Retaj Group of Companies, stated that the group’s entry into the Egyptian market through the management of RETAJ VALO Hotel at Solara represents a significant milestone in its regional expansion strategy.
He highlighted Egypt’s position as one of the region’s most promising markets for tourism, hospitality, and hotel investment, noting that the country offers strong growth opportunities supported by solid long-term fundamentals.
Al Thani emphasized that the partnership with VALO Hospitality reflects Retaj’s confidence in the Solara development, given its strategic location and integrated tourism and hospitality concept.
He added that the project is well positioned to become one of Ain Sokhna’s leading hospitality destinations, with Retaj bringing its regional expertise to operate the hotel through a professional management model focused on service quality, operational efficiency, and higher occupancy levels.
VALO Hospitality to Provide Comprehensive Hotel Management Services at Solara
Mohamed Motawa, Chairman of VALO Hospitality, stated that the partnership with Retaj Hotels represents a key milestone in the company’s strategy to establish an integrated hospitality management platform across MG Developments’ projects.
He explained that VALO Hospitality is committed to partnering with regional operators that possess proven expertise and a strong track record in the hospitality sector.
Motawa noted that VALO Hospitality will provide comprehensive hotel management services for the hospitality units at Solara, including operations, reservations, sales and marketing, revenue management, and maintenance services.
The integrated management model is designed to improve asset performance, enhance operational efficiency, increase occupancy rates, and transform hospitality units into sustainable income-generating investments while preserving the project’s quality and long-term value.
Solara Ain Sokhna Introduces an Integrated Hospitality Concept Combining Lifestyle and Investment
Motawa added that Solara presents a new hospitality concept that seamlessly combines lifestyle experiences with investment opportunities, allowing owners to enjoy their units while generating attractive returns.
He concluded that the partnership with Retaj Hotels reinforces Solara’s position as a premium leisure destination in Ain Sokhna and strengthens the project’s vision of delivering a world-class hospitality experience.
