Ernesto Preatoni, the "inventor" of Sharm El Sheikh, created Domina Coral Bay that epitomizes the perfect balance between the quality of the buildings and the scenery. It is the widest resort in terms of size and revenues.
The resort is owned and operated by PREATONI Group. It is located on a propriety plot covering 738,000 square meters owned by the Group. It comprises seven 5-star hotels (standard and luxury), totaling 2,165 rooms and villas, of which 965 are operated by the Group, including under timeshare arrangements, along with 12 restaurants and several bars.
Meanwhile, the Group has built and sold more than 130 villas and houses for private use on the site.
Customers benefit from a wide range of services, including swimming pools, a beach club, shops, a diving centre, a spa centre, a casino, a nightclub, a clinic and a conference centre.
It is worth noting that 50% of the light buses and 100% of the vehicles serving the resort are electric.
This resort benefits from ideal geographic and temperate climatic location, with almost 2 kilometers of beach along the coral reef, and is open 365 days a year. Sharm El Sheikh is renowned for being as one of the most beautiful diving spots in the word thanks to its coral reefs.
The Sharm El Sheikh site still holds significant potential, with an expected increase in revenue from the renovation of rooms (approximately 600 rooms) and the upgrading of the clientele, as well as the creation of additional rooms (potentially around 1,000 rooms).
3Corresponds to a guaranteed right to use a given property for a given period and a set number of years. In Egypt, except for the 149 fully private properties, the bare ownership of the rooms and units built on the site belongs to the Group, while the usufruct is temporarily held by third parties. The units and rooms in operation are contractually entrusted to the Group for operation by these third parties.