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Sharm El-Sheikh, Hurghada hotels to thrive, benefiting from positive security awareness, return of chartered flights: Colliers
Sharm El-Sheikh, Hurghada hotels’ forecasted growth of 29%, 36% respectively in y-o-y RevPAR
Sharm El-Sheikh, Hurghada hotels named touristic hotspots; 18%, 13% forecasted growth respectively: Colliers
While in the Egyptian capital case, Cairo maintained a 9% forecasted RevPAR growth in the same period, the report states.
Sharm El-Sheikh, Hurghada occupancy grows over 30% in Q2 2018: Colliers
Supply rise by 9% in KSA, 3% in UAE, 2.1% in Egypt in same period
SWISS of Lufthansa Group to offer one weekly flight to Hurghada in 2018/19 winter schedule
Group currently operates 30 weekly flights from Cairo to its four hubs in Europe
Hurghada, Muscat selected as touristic hotspots with 13%, 8% forecasted growth respectively: Colliers
Hotels in Egypt’s Hurghada and Oman’s Muscat were named touristic hotspots by Colliers International, with a forecasted growth of 13% and 8%, respectively, in revenue per available room (RevPAR), according to Colliers’ MENA Hotel Forecast June 2018 report. The witnessed growth in Hurghada hotels’ RevPAR was boosted by the continuation of a positive perception and …
Sharm El-Sheikh, Hurghada hotels named touristic hotspots; 45%, 31% forecasted growth respectively: Colliers
Sharm El-Sheikh and Hurghada hotels were named touristic hotspots by Colliers International, with a forecasted growth of 45% and 31% respectively in revenues per available rooms (RevPAR). The surge is a result of an improved security perception and a surge in international leisure demand, according to Colliers’ The MENA Hotel Forecast April 2018 report. On …
Sharm El-Sheikh, Hurghada to witness 48%, 27% growth respectively in RevPAR: Colliers
Sharm El-Sheikh and Hurghada hotels continued to grow from their low base in the first quarter (Q1) of 2017. The two cities started to regain their position as touristic hotspots, as Sharm El-Sheikh and Hurghada are expected to witness growth of 48% and 27% respectively in revenues per available rooms (RevPAR), Colliers International said in …
New museum coming soon to Hurghada
Minister of Antiquities Khaled El-Anany announced on Friday launching a new museum in Hurghada governorate, according to a press release issued by the ministry. The announcement was made at the inauguration of a sculpture exhibition that marked the end of the International Sculpture Symposium in Hurghada. The symposium was attended by Ahmed Abdullah, governor of …
Sharm, Hurghada hotels maintain touristic hotspot status; 84%, 72% forecasted growth respectively: Colliers
Sharm El-Sheikh and Hurghada hotels continued to grow from their low performance in the first quarter of 2017, and maintained their status as touristic hotspots with a forecasted growth of 84% and 72% respectively in revenues per available rooms (RevPAR), according to Colliers International’s The MENA Hotel Forecast January 2018 report. The witnessed rebound is …
Sharm, Hurghada hotels marked as touristic hotspots, 97%, 62%, forecasted growth respectively: Colliers
Sharm El-Sheikh and Hurghada hotels were marked as touristic hotspots with a forecasted growth of 97% and 62%, respectively in revenues per available rooms (RevPAR). The surge is a result of recovering from the effects of the Metrojet incident in 2015, according to Colliers International’s “The MENA Hotel Forecast November 2017” report. Moreover, the report …
Sharm El-Sheikh, Hurghada tourism hotspots in MENA: Colliers International
A forecast conducted by Colliers International for hotels of the Middle East and North Africa (MENA) region, for the three-month period from October to December 2017, has shown that Sharm El-Sheikh and Hurghada are the tourism hotspots of the region in that period. The report mentioned that Sharm El-Sheikh benefitted from higher leisure demand due …
JICA funds solar power plant in Hurghada with $60m
Tender to be offered to launch project mid next year
SIS says two translators fired over wrongly referring to Hurghada attack as terrorism
Arabic version of our report clearly said that the incident was an assault with melee weapons on tourists, motive undetermined, says authority head
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Tourism sector awaits reactions to events in Hurghada
We await the reports of the Interior Ministry, foreign offices began to see responses: El Sawy
Higher National Security Prosecution investigates Hurghada attack, Germany confirms 2 nationals killed
Suspect deported to Cairo, motive undeclared by authorities
Germany confirms killing of two nationals in Hurghada stabbing
Two female German tourists were killed in an attack on a beach resort Friday in Hurghada. The German embassy in Cairo has quoted its foreign ministry in a statement on Saturday morning confirming that the two victims were German nationals. The embassy further stated that its representatives were present at the crime scene. A man …
Police arrest man accused of Hurghada stabbing
Two German tourists were stabbed to death in Hurghada hotel
Egyptian individuals, families increase hotel occupancy rate in Hurghada, Sharm El Sheikh: tourist workers
Egypt’s promotional campaigns abroad remain unsatisfactory, fail to bring significant numbers of tourists from Arab world or other countries
Exciting times for Al Dau Development and Hurghada
Lars Geweyer, CEO of the Al Dau Development Hotel Division, is a native German with over 25 years of international hotel management experience across four continents.
Sound and Light Company negotiates with Chinese investor to establish tourist project in Hurghada: El Shazly
Company’s losses last year reached EGP 19m, losses expected to decline by the end of FY to EGP 13m
Solar-powered-cars race held in Hurghada after postponement
The race was originally to take place in Cairo last week
Cairo hotel revenues to drop: Colliers International
Although Cairo occupancy rates are forecast to be healthy, a pronounced drop in hotel revenues per available room (RevPAR) is expected as a result of the devaluation of the Egyptian currency in November, according to Colliers International’s “The MENA Hotel Forecasts” February report.
Proposed investment projects worth EGP 50bn: Red Sea governor
Provision of 5,000 jobs for youth as well as 200 feddans for microprojects
Hurghada, Sharm El-Sheikh airports apply biometric ID system for employees
A Russian delegation is set to arrive in Cairo to inspect security measures at airports
Revenues increase at hotels in Sharm El-Sheikh, Hurghada: Colliers International
Colliers International, a commercial real estate company, published on Thursday its three-month rolling forecast for November until January 2017. The report marked Cairo and Alexandria as tourism hot spots, explaining that Cairo witnessed a 13% increase in revenues per available rooms (RevPAR) because it is a stable corporate tourism destination. The report added that the …
Hurghada witnesses the opening of Egypt’s first miniature city
Mini Egypt Park contains to scale model replicas of Egypt’s most well-known landmarks from Aswan to Alexandria
Sharm Dreams Co. to complete development of 2 hotels for EGP 370m in 2017: Chairperson
One hotel will be in Sahl Hasheesh and the other in Sharm El-Sheikh, both with about 300 rooms
Sharm El-Sheikh, Hurghada hotels revenues decline: Colliers International
Colliers International, The Commercial Real Estate Leader published its 3-month rolling forecast for October until December on Wednesday.
Every year the state allocates money to flood relief, but where does it go?
Although the heavy rainfall shouldn’t come as a surprise, the government is always late in its efforts to counter the impact of floods, says MP
Egypt’s tourism poised for recovery: Colliers International
Owing to market reorientation strategies, Egypt, the United Arab Emirates, and Saudi Arabia see gains ahead of the peak in the tourism season