Tag: occupancy

Occupancy rates of Cairo hotels increase by 60%: ETF Chairman

Despite travel warnings, foreigners have great desire to return to Egypt, says…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Occupancy at Nile Ritz Carlton stands at 50% throughout January

Room price increased to $300 per night due to increased influx of…

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Medium-term recovery expected in Sharm El-Sheikh: Colliers

Occupancy to reach 36% in February and March in Sharm El-Sheikh

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Occupancy rates stabilise in Marsa Allam

Hotels of the region have about 10,000 rooms, with investments valued at…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

40% decline in occupancy causes investors heavy losses: Ministerial report

Direct and indirect expenses also rose with the rising price of fuel…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Floating hotels in Luxor, Aswan hope to resume business: Anwar

Since 25 January Revolution, floating hotels paid the price of 4 years…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Hotels to offer 20% discounts during mid-year holiday to attract Egyptians

Hotels hope to attract Egyptians to raise occupancies and make up for…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

‘I sold 19 acres plus my car to be able to keep the hotel running for 4 years’: Hotel Chairman

Utopia Hotel has no occupancies, with EGP 1.5m losses and demand from…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Eid holidays raise occupancy rates in Red Sea and South Sinai hotels: Chairman of Egyptian Hotels Association

Egyptian guests during the holiday pushed occupancy rates in the Red Sea,…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

‘Hard work and dedication’ more important than donating to fund: South Sinai Governor

Major General and South Sinai Governor Khaled Fouda has donated his salary…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi