- Egypt aims to reach 30 million tourists by 2028, creating demand for 250,000 additional rooms, a gap this service is poised to fill.
By : Wael Magdy
Partment, a prop-tech innovator behind the region’s first co-ownership model for second homes, has officially launched Partment Stays, a full-service, tech-enabled platform that transforms underutilised homes into high-performing short-term rentals. Now live in Egypt, the platform is already rolling out across key cities and seasonal destinations.
Partment Stays offers a seamless, end-to-end experience that benefits both property owners and guests. For landlords, the platform takes care of everything from furnishing and dynamic pricing to guest communication, housekeeping, maintenance, and real-time income tracking, turning idle properties into reliable income streams without the usual hassle. On the guests' side, Partment Stays offers a handpicked selection of stylish, professionally managed homes that can be booked instantly online. It’s a dependable, design-led alternative to unpredictable listings and overpriced hotels, tailored to modern travelers who value both comfort and convenience.
As Egypt’s tourism rebounds and demand for flexible, affordable travel grows post-pandemic, Partment Stays is positioned to play a key role in modernizing the country’s accommodation offering. By combining proptech innovation with local market insights, the service delivers real impact: landlords earn passive income without stress, renters enjoy affordable stays with consistent quality, and the wider market benefits from a scalable, tech-enabled solution.
“With thousands of homes sitting vacant or rented informally, and Egypt facing a projected shortfall of 250,000 rooms to meet its ambitious target of 30 million tourists by 2028, Partment Stays comes at a crucial moment for the market to solve two major problems: it unlocks reliable income for property owners and delivers consistent, affordable stays for the new generation of travelers,” commented Nadim Nagui, Co-Founder and CEO of Partment.
‘’The launch of Partment Stays marks a major evolution in our mission to increase the usage of underutilized assets within Egypt's real estate landscape," added Nadim. “Having pioneered a successful fractional real estate model, and having built an efficient management infrastructure over the past two years, Partment is now expanding its scope to address a wider market by offering our services to single landlords and institutional partners across Egypt.”
Building on the company’s fivefold growth within a single year and proven success in Egypt’s proptech space, Partment continues to demonstrate its ability to identify untapped market potential and deliver innovative, tech-driven solutions at scale. The company’s strategic into the short-term rental market is a natural evolution of this momentum, reinforcing its mission to make real estate smarter, more accessible, and better aligned with modern lifestyle needs across borders.
