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Tourism sector sees remarkable improvements, our performance numbers reflect this: Hilton Luxor general manager

The General Manager at Hilton Luxor Resort and Spa, Florian Gruhl, told Daily News Egypt that the tourism sector has seen remarkable improvements and that their performance numbers reflect this. Daily News Egypt sat down for an interview with Gruhl, who talked about Hilton’s plan in the coming five years, especially, after they received TripAdvisor’s …

Nihal Samir

GEM has great potential to boost tourism in Egypt: Japanese ambassador

Japanese Ambassador to Egypt Takehiro Kagawa said that the Grand Egyptian Museum (GEM) has a great potential to boost tourism in Egypt, expecting that the GEM will play an active role in promoting Egyptian tourism with its business-oriented planning to attract more people from all over the world. According to the International Monetary Fund (IMF)’s third review staff report, Egypt’s tourism …

Daily News Egypt

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 …

Mohamed Samir

NBE, BM, Banque du Caire to cover tourism companies’ expenses for Hajj

The National Bank of Egypt, Banque Misr, and Banque du Caire officials met with representatives of the Ministry of Tourism and the head of the religious tourism committee of the Egyptian Travel Agencies Association (ETAA). During the meeting, they agreed to have the three banks secure the needed Saudi riyals to cover the expenses of …

Hossam Mounir

Egypt’s tourism revenues do not match existing resources: MP

MP Mohamed Abdo said that tourism revenues in Egypt are still small and do not equate to the industry’s potential and resources. Abdo added that the sector includes many negatives to be solved, especially the congestion at Cairo International Airport, which he said harms the sector at home and abroad. Abdo urged holding a meeting …

Daily News Egypt

Tourism sector represents 10% of world’s GDP: UNWTO

Mohammed Al Muhairi, undersecretary for tourism at the UAE Ministry of Economy and chairperson of the Middle East committee of the World Tourism Organisation (UNWTO), said that the tourism sector now accounts for 10% of the world’s gross domestic product (GDP). He added that the tourism sector accounts for 11% of the world’s total labour …

Nihal Samir