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Bedour Ibrahim
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Waterway fuels competition in the North Coast with the launch of Ō Residence, records high occupancy rates at My Ōtel

Tue, Aug. 11, 2026
 The Waterway Developments
The Waterway Developments

_The Waterway North Coast continues to deliver a premium hospitality-oriented product combining high quality, distinctive views, and hotel-like services_

_Ō Residence offers a variety of serviced apartment models ranging from 50 to 215 sqm_

The Waterway Developments continues to achieve high occupancy rates at My Ōtel in Egypt’s North Coast, which has attracted strong interest from both Egyptian and international visitors since opening last year, driven by its exceptional service, prime location, and distinctive hospitality experience.

The Waterway Developments has also hosted a range of high-profile events in collaboration with leading global brands, including Bentley and Lamborghini, further enhancing My Ōtel’s appeal as a premium destination in the North Coast.

 The Waterway Developments

Moreover, the hotel offers some of the largest hotel room spaces in the North Coast and has been recognized by the global Forbes Travel Guide. It also ranked first among the top 10 hotels in the North Coast in terms of services, privacy, and commitment to providing the highest levels of customer service.

My Ōtel is located at the heart of The Waterway North Coast, at kilometer 173 on Egypt’s North Coast. Through The Waterway North Coast, The Waterway Developments offers a distinctive destination that combines high-quality development, exceptional views, and hotel-style services.

Spanning over 124 feddans, the project features a 480-meter-long white sandy beach and one of the highest ratios of crystal-clear water features. It also offers a comprehensive range of amenities and services, including a clubhouse, cafés and restaurants, swimming pools, padel courts, and meeting rooms.

The project is designed across five levels, allowing units to enjoy panoramic views of the Mediterranean Sea, as well as the project’s water features and lush green landscapes.

Building on the successful operation of My Ōtel, The Waterway Developments is launching a new phase of luxury serviced apartments, Ō Residence.

Ō Residence introduces an innovative new concept by The Waterway Developments, combining contemporary design, panoramic views, and high-quality hotel services. Each unit has been thoughtfully designed to provide residents with an exceptional quality of life.

Ō Residence offers a diverse range of unit types, including 50-square-meter studios, as well as one-, two-, and three-bedroom units ranging from 100 to 205 sqm. The development also features a 215-square-meter suite.

In the coming period, The Waterway Developments plans to open a number of hotels under its My Ōtel brand, as well as luxury serviced apartments in East and West Cairo, as part of the company’s strategy to expand its investments in the hotel and hospitality sectors.

Founded in 2010, The Waterway Developments has introduced a new concept for residential communities to the Egyptian market, primarily focusing on lower population densities and building ratios, while prioritizing green and water features and integrated services. The company has also focused on offering innovative unit designs and the highest standards of finishing quality.