Blue Sky studys establishment of tour operators in Russia, Eastern Europe
There is currently a lack of supply in the international Russian tourism…
NBE invested EGP 4bn into tourism after 25 January Revolution
The NBE has invested a total of EGP 13bn in the tourism…
Expectations of decline in profits of HOTAC by 30% by end of FY 2015/2016: Chairwoman
Despite profits decline in FY 2015/2016 , this will not impact company’s…
Promoting tourism in Sharm El-Sheikh needs unconventional solutions, ideas: El-Kosayer
Efforts exerted by different state entities to promote tourism in the city…
Tourism real estate developers optimistic about sale of vacation properties in 2016
There is currently domestic demand to buy vacation properties outside of Cairo,…
EGOTH loses EGP 43m in 3 months after downing of Russian aircraft
Project to renovate Intercontinental Hotel in Downtown Cairo estimated to cost EGP…
Food commodity companies cling to hope of tourism return
70% decline in supplies to hotel facilities following a drop in tourist…
Decline in tourism and rising costs threaten Luna Verde sales this year: Board of Directors Chairman
EGP 170m in sales last year and we expect a 20% decline…
Tourism Minister expects sector’s recovery to being in March
Zaazou expects Control Risks to start reviewing airport security procedures next week
Medium-term recovery expected in Sharm El-Sheikh: Colliers
Occupancy to reach 36% in February and March in Sharm El-Sheikh
