Latest in Tag: tourism Highlight

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Latest in Tag: tourism


Dahab, the Red Sea’s golden city

Surrounded by sparkling turquoise water on one side, and majestic mountains and desert on the other, the city of Dahab, a small coastal town, with a population of around 15,000, extends along the Red Sea coast in the Sinai Peninsula. At first, you would think that Dahab isn’t the first destination that will pop in …

Mohamed Samir

CBE extends tourism support initiative to December 2018

The Central Bank of Egypt (CBE) decided to extend its tourism support initiative to December 2018, an initiative that was originally launched in December 2015, according to a press statement released by the bank on Thursday. The initiative aims to provide financing facilities to tourism-related activities, including the construction and renovation of hotels and tourist …

Mohamed Samir

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 …

Mohamed Samir

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

Average expenditure of tourists increased by 7.5% to $88.20

The average expenditure of tourists coming to Egyptian destinations increased to reach $88.20 during the first half of this year. The sub-accounts unit of the Egyptian Ministry of Tourism said that the average expenditure increased by 7.5% ($6.2) this year from $82 in the same half last year. Sources told Daily News Egypt that the …

Ahmed Saad

Examining UAE’s tourism revolution

The United Arab Emirates (UAE) is in the midst of a dramatic upsurge in tourism numbers thanks to a wide-ranging series of initiatives that have made the nation one of the most popular places in the region.

Daily News Egypt