Latest in Tag: hotel Highlight
Latest in Tag: hotel
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, …
One hotel will be in Sahl Hasheesh and the other in Sharm El-Sheikh, both with about 300 rooms
This project’s provisions for disabled people will double the number of guests in hotels, says Abu Ali
Tourists could spend five times as much in other Mediterranean countries to experience what Egypt has to offer, says Marriott International president
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 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
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
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.
No expected recovery for Hurghada and Sharm El Sheikh in the short term
Hassanain pointed out that the project will shed light on New Damietta city as one of the important port cities.
The majority of hotels still operating in Taba and Nuweiba are run by Egyptian companies
The decision aims to maintain the rights of tourism companies and the reputation of Egypt’s tourism
Government should activate one-stop shop quickly to attract more local and foreign investments, says Chief Executive
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.
Death toll rose to 7, including four police personnel and two judges, state media reported
The Ministry of Tourism hopes to boost the number of tourists to 10 million tourists by the end of this year.
Nomination of a new head to follow
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 …
Company’s capital stands at AED 1,000, divided into 10 shares with a value of AED 100 per share
Hotels in Cairo, Luxor, and Aswan have least occupancies during Eid, as Egyptians prefer coastal areas
Decision targets increasing bookings for winter season in Luxor, Aswan, and Taba, and in summer for Marsa Matruh
Three Rixos Hotels will be opened by 2016-2017, says Huth
Marsa Alam occupancy rates are at 25%, some hotels forced to shut down
EGOTH recorded profits worth EGP 111m between July 2014 and March 2015, says Samir Hassan
Investments on tourism lands for development at EGP 68bn, most located in the Red Sea and South Sinai
Finance Ministry decreases financial allocations for new and renewable energy from EGP 1bn to EGP 50m during current year
Ministry of Tourism working to increase tourist flow to Egypt by 20% by end of year, bringing tourist numbers up to 12 million
Ministries’ efforts failed to use standard substitution value instead of market value in calculating hotels’ real estate tax
Ministry hopes to raise occupancy to over 80% in hotels by intensifying marketing efforts
Egyptian guests during the holiday pushed occupancy rates in the Red Sea, South Sinai, and Alexandria to over 90%