Andermatt Swiss Alps AG has a strong partner in Orascom Development Holding AG, which possesses extensive experience in the development of integrated holiday destinations. Orascom is listed on the Swiss stock exchange and has its registered office in Altdorf in the canton of Uri.
Orascom Development Holding (ODH) is a leading developer of integrated destinations, including hotels, residential units and leisure facilities, such as golf courses, marinas and supporting infrastructure. ODH has a diverse portfolio of worldwide destinations, spanning Egypt, the United Arab Emirates, Oman, Morocco, Montenegro, Switzerland and the United Kingdom. The group operates a total of 33 hotels with 7,178 rooms and owns approximately 101 million square metres of land.
El Gouna is ODH’s flagship. The town is a multinational community and covers ten kilometres of pristine shoreline on the Red Sea. The total land area amounts to 37 million square metres, 15 million of which have been developed. El Gouna is a fully integrated, self-sufficient town, adhering to the highest global standards.
O West, located west of Cairo, is the latest addition to ODH’s portfolio and its initial entry into the first-home market. Standing as a paradigm of integrated living, O West is intelligently and harmoniously designed. Built on 4.2 million square metres, the colony offers an incomparable town experience.
Taba Heights is located in Taba, a small Egyptian town near the northern tip of the Gulf of Aqaba on the Sinai Peninsula, approximately 200 kilometres north of Sharm el-Sheikh and 20 kilometres south of the Israeli city of Eilat. The resort town has a total land area of 4.27 million square metres, of which just 2.56 million square metres has been developed.
Makadi Heights has the formula for the ultimate family vacation. The holiday destination with condominium units is set 70 metres above sea level, guaranteeing magnificent views. Another plus is the proximity to the Hurghada airport and to El Gouna.
Situated in the heart of the beautiful Al Fayoum oasis is Byoum, a standout travel destination. Encircled by a promenade, the compound of Byoum overlooks the waters of Lake Qarun – one of the world’s oldest natural lakes – and a nature reserve. The resort lies is a desert depression immediately to the west of the Nile, south of Cairo.
Located in ancient Dhofar, Hawana Salalah covers seven kilometres of white Indian Ocean coastline and 13.6 million square metres of land. Hawana Salalah is a sustainably built, ever-evolving, low-density town. It is ODH’s flagship destination in Oman and follows the model successfully built in El Gouna.
As Sodah Island
As Sodah is located on the southern coast of Oman, opposite Salalah Beach. It is set to become the region’s niche destination, with a five-star luxury boutique hotel, exclusive pavilions with swimming pools, and a private-access beach. The plans for the hotel also include a main lodge and a spa.
Jebel Sifah is an integrated tourism destination that attracts international visitors and locals with its unique real estate, tourism and hospitality offerings. It has become home to a multicultural community and an expression of Oman’s vibrant growth and culture.
City Walk is a vibrant commercial city complex located on the seaside of North Al Hail, Muscat. The property covers an area of about 50,000 square metres. Plans call for a 355-metre-long boardwalk, shops and restaurants, and a premium five-star hotel with 123 rooms.
Luštica Development A.D. is a fully integrated, standalone residence and tourism destination on the Montenegrin Adriatic coast. Located on the Luštica peninsula in the idyllic Trašte Bay, the small town covers 6.9 million square metres and is near three international airports.
The Cove Rotana Resort is located on an idyllic cove on the Ras Al-Khaimah beachfront, offering spectacular views of the Arabian Gulf. It is just eight kilometres from the city centre and 20 kilometres from Ras Al-Khaimah Airport.
Chbika is an unparalleled travel destination, where the beauty of the ocean, mountains and sand interplay in perfect harmony. Its architecture reflects the surroundings, blending seamlessly with the natural environment. Chbika is located approximately 400 kilometres south of Agadir near the island of Fuerteventura.
Orascom Development Holding formally established Eco-Bos Development Ltd in May 2010 as a joint venture with Imerys, a multinational industrial minerals company, in order to develop a series of sustainable communities in Cornwall, United Kingdom. Over 6.5 million square metres of land is available, spread over six separate sites.