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ABOUT SHORES HOTELS
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HISTORY |
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 The larger Abou Youssef Group was established in 1970 and operates in
three main sectors; swimming pools, contracting and specialised
construction, and diesel engines. In 1990 it ventured into tourism
development on the shores of the Red Sea. Today it has successfully
completed its hotelier process and integrated hotel management into its
portfolio of activities.
The Abou Youssef Group
The
group's success story began with the resourcefulness and perseverance
of its founder, Eng. Mohamed Abou Youssef who first designed and built
factories and hospitals. He then seized the moment during Egypt's
liberalization in the mid 70's and negotiated with major international
companies specialized in power generation, marine propulsion, swimming
pool equipment and concrete additives to become their sole
representative in Egypt. To date the group has expanded to Sudan and
Libya with over 1500 employees. Its activities range from building five
star hotels to supplying and installing generating sets and marine
engines for private and public sectors. Today it is a pioneer in the
field of water features, swimming pools, Jacuzzis, fountains, as well
as holds the widest product range for concrete additives, grouting,
industrial flooring and epoxy resin in the region.
Branching out to Shores Hotels
In
1995, the group seized yet another opportunity, this time aiming for
the beautiful coast of the Red Sea, and created Sinai Touristic
Investments Company (STICO) which today owns three (5 star and 4 star)
hotels with 1000 rooms in Sharm El Sheikh.
In 2006, the hotelier
process was completed through a forward vertical integration and Shores
Hotels was created, a hotel management company with a distinct identity
and 5-star world class standards. In just two years Shores Hotels has
grown to manage 5 hotels located in Sharm El Sheikh, Marsa Alam, and
Baharia oasis in the Western Desert. |
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