HOTELS AND TOURISM

Shalakany prides itself on being the leading firm when it comes to Hotels and Tourism but also Real Estate.
With a dedicated team working on both interconnected sectors, this team has developed a wealth of experience on a plethora of sub-practices that makes it one of the most highly regarded teams in this sector with an outstanding track record.

We highlight the following deals and matters:

Drafting, Reviewing and Negotiating Agreements:
    • The Firm participated in drafting and/or reviewing, amending and negotiating numerous hotel management and related agreements in Egypt, whether acting on behalf of owners, or management companies such as the Mena House Oberoi Hotel, the Cairo Marriott Hotel, the Hurghada Marriott Hotel, the Taba Heights Sheraton Hotel & Resort, the Taba Heights Marriott Hotel and Resort, the Sharm El Sheikh Ritz Carlton Hotel & Resort, the Marriott Sahl Hasheesh Resort, the Hilton and Sheraton Dreamland Hotel at 6th of October City, the Grand Hyatt and Park Hyatt, the Fairmont Nile City Hotel, the Fairmont Heliopolis and Towers, El Gezirah Sofitel Hotel, the Hilton Marsa Alam Hotel & Resort, the Hilton Sana’a in Yemen and the Hilton Algiers Hotel in Algeria.

    • The Firm has concluded agreements related to floating hotels, boats, restaurants, cafes and other similar touristic projects, among which we can cite the Franchise Agreement of Tivoli Dome Restaurants Complex, and the Franchise Agreement of Barcelos Restaurants in Egypt.

    • The Firm successfully assisted in the signing of a Management Agreement for the Marriott – Marsa Alam Hotel and Resort, concluded between our client, Concord for Touristic Development Company and Marriott Hotels International.

    • The Firm has also successfully closed one of the biggest deals of the year concluded between Wings for Tourism Investment, an Egyptian company and member in the Wings Group specialized in the field of tourism and hotel development and investment in Egypt, and the Atlantica Leisure Group, an international group of companies specialized in the field of tourism, hotels and tour-operating businesses. The deal aimed mainly at combining the parties’ strengths and resources in the activities of four joint venture companies, so as to maximize their operating efficiencies, purchasing power and commercial influence as well as to identify and plan potential investments, to build, acquire, develop, manage, market and commercially exploit hotels in Egypt. Concluding the deal successfully entailed the drafting and negotiation of all agreements and exhibits related to the said deal, which were executed by the parties (JV Agreement, Management Agreements, Usufruct Agreements, Lease Agreements, Loan Agreements and Consultancy Agreements).


In addition to the recent deals mentioned above, the Firm has also successfully executed the following projects, which entailed the complex, difficult and lengthy drafting and negotiation of all agreements, contracts, exhibits and other relevant documents which were executed by the parties:
    • MGM Mirage Sharm El-Sheikh Hotel Management Agreement: Concluded between Almontazah for Tourism & Investment Co., S.A.E. and MGM Mirage Hospitality International Holdings, LTD.

    • Ramada Plaza Hotel & Resort at Sharm El Sheikh: Concluded between CHI Hotels & Resorts LTD and El Salam Co. for Tourism Development.

    • Al Kasr Hotel & Resort, by Resta at (Eden-Yemen): Concluded between Arabyl Company for Real Estate and Arab International Co. for Tourism & Hotels Management (Resta Hotels & Resorts).
    • Iberotel Borg El Arab (North Coast): Concluded between Rowad Misr for Touristic Investment and Jaz Hotels and Resorts.

Real Estate
The Firm is also a leader to the sale, lease, usufruct and management agreements related to real estate projects in general, and in particular residential touristic units and condominiums, such as:
    • The Sharm Dreams Touristic Units Complex managed by Hilton
    • The MGM Mirage Residential Units Project managed by MGM Grand (Bellagio).
Specialized Contracts
The Firm was involved in drafting and/or reviewing, amending and negotiating specialized contracts related to casino gambling projects, such as:
    • Sofitel El Gezirah Casino
    • The Hilton Sharm Dreams Casino.
Legal Services
The firm is a leader in providing legal services for time-share projects, such as:
    • Sharm Dreams Time Share Project.
Settling Disputes
The Firm has a vast amount of expertise in settling disputes arising out of hotels and tourism related agreements, whether by amicable settlement or legal proceedings. In terms of legal proceedings, the Tourism Group has actively represented tourism related clients before the courts, arbitration tribunals and other alternative dispute resolution forums. The services rendered by the Tourism Group also extend to enforcement of arbitral awards.