Jollibee billionaire Tony Tan Caktiong brings $102 million hotel project to Africa with 750-room Cairo property

Jollibee billionaire Tony Tan Caktiong brings $102 million hotel project to Africa with 750-room Cairo property

Hotel101 Global, the international hotel company backed by Jollibee billionaire Tony Tan Caktiong, is entering Africa with a $102.09 million property planned for Cairo. The Nasdaq-listed company has signed binding agreements with WNTR Property & Hospitality, an affiliate of Egyptian conglomerate IGI Holding, for a countrywide hotel-development partnership.

Comment