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…
Blackstone to acquire Strategic Hotels
Blackstone has agreed to buy real estate investment trust Strategic Hotels &…
Royal Maxim Palace to cross 50% occupancy rate by 2016: Hotel’s GM
At a rate of EGP 3,000 per night per room, the luxurious…
28% YoY decline expected in Luxor hotel room revenues: Colliers International
Medium-term tourism in Luxor sees a hit after recent militant attack
Gulf tourists double reservations in Cairo hotels for Eid
Occupancies in Cairo hotels vary between 20%-30%, looks to increase to 70%…
Red Sea Governorate targets tourism share increase to 50% by end of 2015: Tourism Ministry official
Tourists visiting Red Sea area last year spent 73.8m nights compared to…
Egypt ranks joint-3rd for attacks on hotels in 2015
January’s mass attack in North Sinai which struck military hotel puts Egypt…
Tourism investors face obstacles in Egypt
Banks prefer to loan government over investors, says Egyptian Tourism Federation Chairman
Investment opportunities to be presented at Dubai’s AHIC: EGOTH Chairman
EGOTH recorded profits worth EGP 111m between July 2014 and March 2015,…
Cairo Airport Company achieves EGP 371m net profit in 3 quarters of FY 2014/2015: Chairman
Company aims to increase its profit by end of fiscal year 2014/2015…