Egypt hotel occupancy to reach between 35-62% in 2021: Colliers
Colliers forecasts Hurghada, Sharm El-Sheikh will witness y-o-y 57% and 50% hike…
Hotel occupancy increases in Alexandria 5%, Sharm El-Sheikh 1% in Q3 2020: Colliers
Additional 8,000 keys are expected to open in Egyptian market by full…
Sharm Dreams studies sale of hotel assets to provide liquidity
Company plans to assign three consulting firms to evaluate assets that are…
Egypt’s hotel market records 50% y-o-y decline in H1 2020: Colliers
Branded hotel keys is projected to increase to 83,100 in FY 2020
CIB Egypt reserves hotel floor as quarantine for employees if needed
Bank adheres to state precautionary measures from the very beginning to prevent…
Colliers anticipates fastest recovery for Emirati, Saudi hotel sectors in MENA
Cairo, Sharm El-Sheikh hotels to record occupancy rate increases of 46% and…
Tourism Minister cancels Sharm El-Sheikh hotel’s licence for worker layoffs
El-Anany also announced closure of two Cairo tourist restaurants due to lack…
MENA hotel sector likely to recover in 4Q 2020: Colliers
This came as governments continue to introduce measures to slow the spread…
PHD places hotel with 71 COVID-19 cases under Ministry of Health
The company will cover all expenses related to the patients’ stay, including…
CBE offers 2-year hotel loans with 6-month grace
Government halts administrative distraint on defaulters in tourism sector for one year