220 hotels shut down as occupancy collapses in tourist areas
Fifty-four hotels have shut their doors in Sharm El-Sheikh, while 34 have…
Egypt’s Red Sea gem: Sharm El-Sheikh grappling with tourism decline
While domestic and Arab tourism attempts to fill the void left behind…
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…
Hotels launch offers to attract holidaymakers in summer: tourism experts
Average occupancy rates up to 30% in Cairo, 50% on the Red…
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…
Tourism awaiting recovery after a two-year decline
Tourism revenue declined from $7.3bn in 2014 to $6.1bn in 2015 after…
Luxor, Aswan hotels seek increase in occupancy rates as train fares decrease
Watania Sleeping Trains and Catering Services decreased ticket fares for foreign and…
Sahl Hasheesh invests in build-out of value-added components
Room rates have pushed through pre-revolution levels but occupancy is still struggling,…
Value of projects in Dubai total $390.8bn
Ongoing projects valued at $53.6bn while value of planned projects is $337.2bn
EGOTH loses EGP 43m in 3 months after downing of Russian aircraft
Project to renovate Intercontinental Hotel in Downtown Cairo estimated to cost EGP…