Tag: Hotels

Gulf alliance allocates $500m to purchase Red Sea hotels: ETF official

Saudi-Kuwaiti alliance began negations with two resorts in Marsa Alam, of an…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Government and Maxim Holdings inaugurate EGP 14bn tourism project

Purported to be largest on Northern Coast, project will lie in Sidi…

Daily News Egypt Daily News Egypt

Hotels send memo to Tourism Ministry about measures of real estate tax

Substitution Way stipulates calculating the in accordance with ratio of buildings to…

Daily News Egypt Daily News Egypt

Cairo hotels to profit despite lack of tourists: Colliers

Sharm El-Sheikh and Hurghada revenues suffers losses

Daily News Egypt Daily News Egypt

South Sinai hotels occupancy varies in last week of November

Zaazou says ban of flights from UK and Russia costs tourism EGP…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Investor considers closing 2 hotels in Marsa Allam, due to losses

Occupancy rates declined significantly in the past four years due to political…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Misr Hotel Company (MHOT) turns to profit in Q1 2015/2016

Company recorded EGP 16.3m and EGP 5m net profit

Sara Aggour Sara Aggour

Egyptian pound devaluation has positive impact on tourism: Colliers official

Creation of Suez Canal is a catalyst to build a new tourism…

Menna Samir Menna Samir

Abu Soma expected to inject EGP 2bn-3bn in Egypt, next 5 years: CEO

The company behind its namesake peninsula is planning to open three new…

Menna Samir Menna Samir

Blackstone to acquire Strategic Hotels

Blackstone has agreed to buy real estate investment trust Strategic Hotels &…

Deutsche Welle Deutsche Welle