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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 …

Mohamed Samir

Arab Shooting Championship kicks off Tuesday in Sharm El-Sheikh

The Arab Shooting Championship for Air Guns is set to kick off on Tuesday in Sharm El-Sheikh. The championship is being held under the auspices of Egyptian Minister of Youth and Sports Khaled Abdel Aziz and is organised by the Egyptian Shooting Federation chaired by Hazem Hosny. The championship will extend through 18 March with …

Alaa Moustafa

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 …

Nihal Samir

World Youth Forum kicks off in Sharm El-Sheikh 

In a few days, the World Youth Forum (WYF) will take place in Sharm El-Sheikh from 4 to 10 November, carrying the slogan of “We Need to Talk”, under the patronage of President Abdel Fattah Al-Sisi. The forum aims to spread a message of peace, prosperity, harmony, and progress around the world. Furthermore, the forum …

Nihal Samir

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.

Mohamed Samir

Egypt to host Sharm El-Sheikh Arab International Squash Masters Championship

Egypt will host the Sharm El-Sheikh Arab International Squash Masters Championship on 19-23 January 2017. The age of players participating will start from 35 to 70 years, while the competitions will be divided as follows: 35 years, 40 years, 45 years, 50 years, and 55 years and above. Financial awards will be given to the …

Maya Nawar