Latest in Tag: hotel Highlight
Latest in Tag: hotel
15.7 % decrease in number of hotel guests in 2015
The total number of hotel guests reached 9.6 million in 2015, versus 11.4 million guests in 2014, a decrease of 15.7%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). In its annual Statistical Bulletin of hotel activity and tourist villages in 2015, CAPMAS stated that the total number of hotels, tourist villages, …
Sharm Dreams Co. to complete development of 2 hotels for EGP 370m in 2017: Chairperson
One hotel will be in Sahl Hasheesh and the other in Sharm El-Sheikh, both with about 300 rooms
Ministry of Tourism begins application of Accessible Tourism Project at new hotels
This project’s provisions for disabled people will double the number of guests in hotels, says Abu Ali
Ritz-Carlton to open in Sharm El-Sheikh, Marriott to open sports hotel in Abu Dhabi
Tourists could spend five times as much in other Mediterranean countries to experience what Egypt has to offer, says Marriott International president
Increase in hotel bookings over Eid Al-Adha holiday: tourism sector
Accommodation in Alexandria ranges from EGP 700-1,700 per night; this price increase is due to higher operation costs in the past period, especially food products
Amer Group to open Porto Sharm Hotel in December
Amer group will be managing the hotel during the first phase of the operations, until the hotel is assigned to an international company specialised in hotel management
Egyptians push growth of Sharm El-Sheikh hotel occupancies, tourist workers
South Sinai has 65,000 hotel rooms; Egypt has a total of 225,000 operational rooms distributed across governorates of the Red Sea, Greater Cairo and South of Upper Egypt
France: Hotel stays drop due to attacks
The number of nights spent in French hotels by foreign tourists in July was down 10 percent from last year. Visitors from outside Europe have been deterred by recent Islamist militant attacks.
Cairo’s occupancy levels for next 3 months forecasted at 58%: Colliers International
No expected recovery for Hurghada and Sharm El Sheikh in the short term
SECON, Hilton Worldwide sign contract to manage 4-star hotel in New Damietta
Hassanain pointed out that the project will shed light on New Damietta city as one of the important port cities.
Our hotel worked just 20 days over a 5-months period: head of Tobya Tourism Investments
The majority of hotels still operating in Taba and Nuweiba are run by Egyptian companies
Tourism agencies must request hotel’s licence, insurance policy when booking for guests: Tourism Chamber
The decision aims to maintain the rights of tourism companies and the reputation of Egypt’s tourism
CI Capital prepares IPOs at EGX in construction, food, and hotel sectors in 2016
Government should activate one-stop shop quickly to attract more local and foreign investments, says Chief Executive
Dubai hotel fire: ‘There will be fatalities unless building safety is improved’
The New Year’s blaze at a luxury hotel has led to calls for skyscrapers to be modified, amid concerns that Dubai landmarks are built with flammable cladding. It was the city’s third major high-rise fire in three years.
‘State Of Sinai’ claims attack on North Sinai hotel housing election judges
Death toll rose to 7, including four police personnel and two judges, state media reported
MHOT’s general assembly ratifies EGP 32.15m in losses
The Ministry of Tourism hopes to boost the number of tourists to 10 million tourists by the end of this year.
Marsa Allam hotel manager suspended for allowing distribution of donations flyers
Nomination of a new head to follow
Blackstone to acquire Strategic Hotels
Blackstone has agreed to buy real estate investment trust Strategic Hotels & Resorts in a multi-billion-dollar deal. The deal is the latest move by the US private equity firm to expand its massive real estate portfolio. Strategic Hotels & Resorts said on Tuesday that Blackstone’s real estate fund is set to buy the US luxury …
Amer Group establishes company in Dubai to handle projects: Investor relations manager
Company’s capital stands at AED 1,000, divided into 10 shares with a value of AED 100 per share
Hotels launch offers to attract Egyptians during Eid Al-Fitr holiday
Hotels in Cairo, Luxor, and Aswan have least occupancies during Eid, as Egyptians prefer coastal areas
Government’s charter airline incentives raise hotel occupancies in 4 tourist areas: ETAA members
Decision targets increasing bookings for winter season in Luxor, Aswan, and Taba, and in summer for Marsa Matruh
Rixos Seagate Sharm to launch in August with renovations of $55m: General Manager
Three Rixos Hotels will be opened by 2016-2017, says Huth
Low Marsa Alam hotel occupancy threatens EGP 15bn investments: Deputy Chairman
Marsa Alam occupancy rates are at 25%, some hotels forced to shut down
Investment opportunities to be presented at Dubai’s AHIC: EGOTH Chairman
EGOTH recorded profits worth EGP 111m between July 2014 and March 2015, says Samir Hassan
Hotel investors request loan delay from Tourism Ministry: Hotels Chamber Official
Investments on tourism lands for development at EGP 68bn, most located in the Red Sea and South Sinai
Hotels, companies concerned over increasing energy prices: Tourism workers
Finance Ministry decreases financial allocations for new and renewable energy from EGP 1bn to EGP 50m during current year
Hotel, resort reservations to increase 20% next winter: Tourism Minister
Ministry of Tourism working to increase tourist flow to Egypt by 20% by end of year, bringing tourist numbers up to 12 million
Ministries of Finance, Tourism fail real estate tax dispute resolution for Cairo, Alexandria hotels
Ministries’ efforts failed to use standard substitution value instead of market value in calculating hotels’ real estate tax
Tourism Ministry aims to raise Red Sea resorts occupancy for winter season
Ministry hopes to raise occupancy to over 80% in hotels by intensifying marketing efforts
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, South Sinai, and Alexandria to over 90%