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
Hisham Talaat Moustafa invests EGP 1.5bn to establish Four Seasons-branded hotel in Luxor
Hisham Talaat Moustafa said that the signing is an indicator of the…
Egyptian-Saudi partnership invests $450m in hotel operation and management
Thrawaat International Investment receives exclusive management for Swiss International Hotels & Resorts…
Travco Group to raise prices, increase average occupancy in 2020
The group's capacity increased to 13,400 rooms this year: source
