The Iberotel Palace is located on a private beach in Sharm el-Sheikh. The hotel is close to the old part of town, and it is just a short drive from Naama Bay, which is famous for its restaurants, entertainment venues, and night life. Guests of the Iberotel Palace can easily get around the surrounding area by car, or they can explore the immediate area on foot.

The Iberotel Palace has 254 rooms, all of which include microwaves, coffee and tea making facilities, minibars, and attached bathrooms with hair dryers. Room also include Jacuzzi tubs, private balconies, direct-dial telephones, dataports, high-speed Internet access, televisions with movies and cable channels, and climate control.

Guests of the Iberotel Palace can have fun on the tennis courts or volleyball courts. Guests can also enjoy billiards tables, fishing, golfing, and diving, or they can relax with massage therapy, the steam bath, or the sauna. The hotel also offers two a la carte restaurants and one full-service restaurant, an indoor pool, and two outdoor pools. One of the outdoor pools has a special area for kids; the hotel also offers a beauty center and salon and a jewelers.