VALO Hospitality signs agreement with Qatar’s Retaj Hotels & Hospitality to operate RETAJ VALO Hotel at Solara

Partnership aims to increase occupancy rates, optimize investment returns, and enhance the value of hospitality units

VALO Hospitality, a subsidiary of MG Developments, has partnered with Retaj Hotels & Hospitality to operate and manage the RETAJ VALO Hotel. The hotel represents the flagship hospitality component of the Solara development in Ain Sokhna. The partnership aims to enhance occupancy rates, optimize investment returns, and further increase the value of the project’s hospitality units.

Furthermore, the agreement leverages Retaj Hotels’ extensive experience in hotel and resort management. The company has a proven track record and a strong presence across the Gulf region. Through this collaboration, both companies aim to deliver a world-class hospitality experience. In addition, they seek to reinforce Solara’s position as a premier coastal destination.

H.E. Sheikh Nayef Bin Eid Al Thani, Chairman of Retaj Group of Companies, said that the Qatari group’s entry into the Egyptian market marks a significant strategic milestone. The expansion comes through managing the RETAJ VALO Hotel at the Solara development.

He described Egypt as one of the region’s most promising markets for tourism, hospitality, and hotel investment. Moreover, he added that the group views Egypt as a high-potential market with strong long-term growth fundamentals.

Al Thani noted that the partnership with VALO Hospitality reflects the group’s confidence in the Solara development. He attributed this confidence to the project’s prime location and fully integrated tourism and hospitality offerings. He also expressed confidence that the project is well positioned to become one of Ain Sokhna’s leading hospitality destinations.

Furthermore, Sheikh Nayef Bin Eid Al Thani said that Retaj will leverage its extensive experience across Gulf markets. The company will operate and manage the hotel through a professional hospitality model focused on service excellence, operational efficiency, and higher occupancy rates.

He pointed out that this approach is designed to generate sustainable investment returns. Additionally, it aims to enhance the long-term value of the project’s hospitality units.

VALO Hospitality strengthens hospitality management strategy through Retaj partnership

Meanwhile, Mohamed Motawa, Chairman of VALO Hospitality, said that the partnership with Retaj Hotels represents a key milestone in the company’s strategy. The strategy aims to establish an integrated hospitality management platform across MG Developments’ projects.

He added that the company is committed to collaborating with regional operators. Furthermore, it seeks partners with proven expertise and a strong track record in the hospitality sector.

Moreover, he noted that VALO Hospitality will deliver end-to-end hotel management services for the hospitality units at Solara. These services include operations, reservations, sales and marketing, revenue management, and maintenance.

The integrated management model is designed to maximize asset performance. In addition, it aims to improve occupancy rates and operational efficiency. The model also seeks to transform the units into sustainable income-generating investments while preserving the project’s quality and long-term value.

Motawa added that Solara introduces a fully integrated hospitality concept. The project seamlessly combines lifestyle and investment. As a result, owners can enjoy their units while generating attractive investment returns.

He concluded that the partnership with Retaj Hotels reinforces Solara’s positioning as a premier leisure destination in Ain Sokhna.