Latest in Highlight
Latest in
Kuwaiti Kharafi group considers selling a hotel in Marsa Alam
Kharafi largest investors in tourism sector in Egypt, $2.1bn to establish Marsa Alam Airport
3rd best beach in Middle East in 2017 is Sharm El Luli beach: TripAdvisor
Travel website TripAdvisor ranked Egypt’s Sharm El Luli beach third among the top 10 beaches in the Middle East in 2017. Sharm El Luli beach is considered as one of the top touristic destinations for travellers, with some TripAdvisor members describing it as a “paradise on earth,” assuring that their trip there was the best …
Marsa Alam Investors Association complain from imposition of fees by Red Sea Ports Authority
Occupancy rates are still very weak in the region, government should have supported the sector instead of imposing more fees, as 50% of hotels have been closed over the last three years
Occupancies rise in Marsa Alam with increasing flow of Italians to the area
Occupancy rates are higher in hotels that are linked to contracts with international hotel management companies compared to Egyptian hotels, as the former can have a strong presence in the European markets and promote their hotels in Egypt
Red Sea Court renews custody of Italian suspect for 15 days
The forensic results pointed out that the victim died because of the beating
Company news investors should track for the past week
Marsa Alam trims losses in H1 2017
Red Sea prosecution renews custody of Italian suspect for a week
Suspect accused of beating Egyptian engineer to death in Marsa Alam
Advertising Area
Marsa Alam beach reopened as shark caught: Environment Ministry
Shark had attacked a young Austrian tourist
Shark-attacked Marsa Alam beach to remain closed for snorkeling: official
Ministry of Environment alerted following Austrian tourist’s shark bite
Expectations of tourist bookings for winter season declined because of current conditions: Shalaby
A one night stay in a single room ranges between $12 and $18, which is a very low price
Average night in Marsa Alam hotels costs $25: Shalaby
Flights should cost less than EGP 2,500-3,000 per person, as one family of four cannot afford to spend EGP 12,000
Significant opportunities to boost occupancy in Marsa Alam in the coming period: Head of Tourism Investors Association
The demographics coming from the Gulf states has changed and Egypt must be prepared to welcome a larger share of the Arab market
EgyptAir hinders local tourism to Marsa Alam: sources
EgyptAir receives 70% reduction for on-ground services fees at Marsa Alam airport, hindering other airlines from providing cheap flights
German security experts complete inspection of Hurghada airport
The delegation also reviewed security in Sharm El-Sheikh and Marsa Alam airports
TDA orders postponement of Marsa Alam tourism projects due to late payments: investors association
Relative paucity of tourists to the region has led to a decline in investors’ revenue and subsequently to inability to make payments to TDA
Auditor commissioned to investigate Marsa Alam company violations: EFSA
Trading on stock exchange will resume after financial lists are reviewed, shareholders will have the right to seek compensation
Tourism sector is optimistic about CBE’s new governor: Marsa Alam investor
Tarek Amer’s appointment will have a great impact on tourism sector, as he believes in the sector
MATIA holds new negotiations with airlines over operating in area: Chairman
The Marsa Alam area includes investments of over EGP 11bn, area is ready to become a tourism city competing with Sharm El-Sheikh
Charter flight stimulation: Suspension or reinforcement
Programme aims to reduce shelter and take-off fees by about 20%-30%, or exempt airplanes from paying them, says Al-Adawy
Low Marsa Alam hotel occupancy threatens EGP 15bn investments: Deputy Chairman
Marsa Alam occupancy rates are at 25%, some hotels forced to shut down
Arab capital movement in Egyptian tourism, real estate still slow: TIA Chairman
Competition to attract Arab capital is stronger, Dubai competes in tourism and Saudi Arabia in industrial sector, says EBA Tourism Committee Chairman
Egypt’s tourism recovery may take longer than expected: Collier’s Sona
In the past 12 months, Colliers International has advised GCC developers on projects in Cairo and Marsa Alam
Private airlines’ targeting 100% revenues increase in 2015
If Egyptian private airlines compete with European airlines, they can dominate 5% of the market, says Al-Masria Chairman
Marsa Alam Tours signs tourism marketing agreement with Al-Tayyar: Deputy-Chairman of association
The Association also looks to establish flights from Kuwait, Jordan, and Lebanon to Marsa Alam International Airport.
Shark kills German tourist in Red Sea
German embassy to receive the body
Advertising Area
Marsa Alam tourist occupancies rise to 45%: Vice Chairman Investors Association
Hotels in Marsa Alam hope to launch flights with reduced costs for Egyptians on holiday
EGP 20m allocated to convert 6 hotels in Marsa Alam to new, renewable energy: Tourism ministry adviser
Minister of Tourism working to convert hotels and resorts to new and renewable energy to overcome Egypt’s energy crisis
Tourism Ministry aims to raise Red Sea resorts occupancy for winter season
Ministry hopes to raise occupancy to over 80% in hotels by intensifying marketing efforts
TDA intensifying financial demands from investors over next fiscal year: Authority CEO
Tourism Development Authority also demanding reconsideration of allocation decisions for projects that have only been 10% implemented
Almasria Universal Airlines considers operating flights to tourist areas at discounted prices: Chairman
Almasria Universal Airlines considers operating flights to Sharm El-Sheikh and Luxor during peak seasons holidays at reduced prices