Tag: Hotels

Cairo hotels’ revenue per available room expected to grow by 22% during June to August y-o-y

Colliers expects that the occupancy rate in Hurghada will be 5% more…

Shaimaa Al-Aees Shaimaa Al-Aees

Hotels launch offers to attract holidaymakers in summer: tourism experts

Average occupancy rates up to 30% in Cairo, 50% on the Red…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

South Sinai hotels buy 80% less soft drinks in past seven months: suppliers

There is fierce competition among suppliers for Cairo hotels which have highest…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Tourism awaiting recovery after a two-year decline

Tourism revenue declined from $7.3bn in 2014 to $6.1bn in 2015 after…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Luxor, Aswan hotels seek increase in occupancy rates as train fares decrease

Watania Sleeping Trains and Catering Services decreased ticket fares for foreign and…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Sahl Hasheesh invests in build-out of value-added components

Room rates have pushed through pre-revolution levels but occupancy is still struggling,…

Daily News Egypt Daily News Egypt

Value of projects in Dubai total $390.8bn

Ongoing projects valued at $53.6bn while value of planned projects is $337.2bn

Daily News Egypt Daily News Egypt

EGOTH loses EGP 43m in 3 months after downing of Russian aircraft

Project to renovate Intercontinental Hotel in Downtown Cairo estimated to cost EGP…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Occupancy rates at Taba hotels fall below 5%

19 of 23 Taba hotels have suspended operations

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Egyptian-American investors’ alliance buys 3 hotels for $52m in South Sinai and Red Sea: Tourism sources

Egyptian tourism sector may be good opportunity for foreign investors currently, as…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi