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Latest in Tourism


IFC ready to invest in Egypt’s hotel development fund

The International Finance Corporation (IFC) expressed its readiness to inject new investment into Egypt’s planned hotel development fund, the COO of the IFC, Stephanie von Friedeburg, said. Egypt’s ministry of tourism aims to establish a private equity fund targeting to restructure financially impaired hotels and other tourism establishments. During a meeting between the Egyptian Minister …

Daily News Egypt

Egypt discusses enhancing tourism cooperation with Spain, Bulgaria

Egypt’s Minister of Tourism Rania Al-Mashat met with the Mayor of Seville Juan Espadas to discuss cooperation in the field of tourism between Egypt and Spain, notably Seville. The meeting comes on the sidelines of Egypt’s participation in the 19th session of the WTTC Global Summit 2019, which held in the period from 2 to …

Nihal Samir

Egypt participates in WTTC Global Summit 2019

The Minister of Tourism, Rania Al-Mashat, traveled on Monday to Spain in order to participate in the 19th session of the World Travel and Tourism Council 2019 (WTTC Global Summit 2019), that is held in the period from 2 to 4 April in Seville. Al-Mashat will participate as the official speaker in the session titled …

Daily News Egypt

Arab market represents 30% of incoming tourism to Egypt: Al-Mashat

The Minister of Tourism, Rania Al-Mashat, said that the Arab market is one of the most important exporting tourism markets to Egypt, which represents 30% of incoming tourism, noting that Saudi Arabia comes at the head of those markets. “According to the report of the World Tourism and Travel Council, tourism in Egypt witnessed a …

Nihal Samir

Tourism’s structural reform programme cornerstone to achieve sustainable development: Madbouly

Prime Minister Mostafa Madbouly stated that tourism’s structural reform programme is considered as a cornerstone for achieving sustainable development, which Egypt seeks to achieve at all levels, in accordance with Egypt’s Vision 2030. Notably, the structural reform programme was launched by the ministry of tourism with the aim of achieving sustainable tourism, in line with …

Daily News Egypt

Egypt tops list of billionaires’ most visited countries in 2019

Amid tremendous efforts from the government to revive local tourism, Egypt was announced as the number one destination among a list of 15 countries, which international billionaires plan to visit in 2019, according to a study held by Business Insider. The number one business website held a study with Original Travel agency, which plans months-long-trips …

Daily News Egypt

Hilton Hurghada Resort: Hospitality at its best

When travelling, I think that we all have some memories that we cherish, and places that we will never forget. Once you spend an enjoyable time at a nice place, you will not be able to forget its beauty. I think it is also the same with hotels, as no can ever forget a good …

Daily News Egypt

Egypt’s hotel market sees 42% RevPAR growth in 2018

Egyptian hotels in different governorates, such as Cairo, Hurghada, Sharm El Sheikh, and Alexandria saw an average revenue per available rooms (RevPAR) growth of 42% in 2018 compared to 2017, according to Colliers International’s MENA Hotel Forecast for 2019. Colliers said that Egypt’s hotels RevPAR growth is driven by both average daily rates (ADR) and …

Shaimaa Al-Aees