History & Milestones
Legendary success at Sharm El Sheikh
When there was only sun and sea at Sinai, we were already there. This is why we are called the inventors of Sharm El Sheikh.
Stumbling upon a ‘bay of dreams’ in 1991, our founder, Ernesto Preatoni, envisioned hordes of European tourists descending down Sharm El Sheikh where coral reefs, blue waters, and year-round sunny weather make for a perfect holiday.
By 1994, we delivered the first phase of Domina Coral Bay, a resort project that sparked the resort development boom in Sharm El Sheikh. Domina Coral Bay is the largest resort development project in all of Egypt.
As of today, Preatoni has sold a total of 16,000 units in Sharm El Sheikh.