Latest in Tag: Hotels Highlight
Latest in Tag: Hotels
50% increase in permissible hotel occupancy across Egypt
Increase was driven by commitment to hygiene regulations in all hotel
Holding Co. for Tourism, Hotels’ net profits decline 49% to EGP 501m in FY 2019/20
State’s share of HOTAC’s profits amount to EGP 71.8m
Egypt’s hotel market occupancy to reach 43-62% in 2021: Colliers
Hurghada, Sharm El-Sheikh to witness y-o-y hike in occupancy rates of 88% and 78%, respectively, says forecast
St. Regis opens luxury hotel overlooking River Nile in Cairo
Hotel brings exquisite design and signature butler service to bustling metropolis
Tourism Minister, stakeholders discuss ways to enhance sector in Aswan
Egypt’s Minister of Tourism and Antiquities Khaled Al-Anani met with about 30 investors and hotel managers in Aswan governorate and representatives of the Egyptian Tourism Federation to discuss the conditions of Egypt tourism sector.
Egypt, Marriott International discuss establishing 3-, 4-star hotels in new tourist cities
Egypt’s Minister of Tourism and Antiquities Khaled Al-Anani met with Satya Anand, President for Europe, Middle East and Africa (EMEA) at Marriott International, to discuss establishing three- and four-star hotels in Egypt’s new tourist cities.
Luxor hotels see 16% occupancy from domestic tourism, day trippers: Officials
A total of 74% of visitors in Luxor are predominantly domestic with Egyptians keen to explore the history and civilisation of their country, according to Minister of Tourism and Antiquities Khlaed Al-Anani.
16 new hotels open in Egyptian tourism hotspots despite COVID-19
Egypt’s tourism sector has seen the opening of 16 new hotels despite the novel coronavirus (COVID-19) crisis, according to an end-of-year report by the Ministry of Tourism and Antiquities.
687 hotels across Egypt receive health and safety certificates
They are awarded to hotels following the verification by inspection teams that they meet all safety regulations set by the Ministry of Health.
12 hotels in Egypt receive health, safety certificate to reopen last week
Total of 668 hotels across 23 governorates have so far received certificates to reopen
Mangroovy for Hotels, ODE sign EGP 104.8m El Gouna land sale agreement
The land plot will encompass different types of services to serve residences and guests, making it an integral part of the overall development that boasts a beachfront residence in El Gouna.
Hurghada hotels expect over 85% occupancy during Eid Al-Adha: EHA
Talking to Daily News Egypt, Akel said the current occupancy rates at most Red Sea hotels range between 80% and 100% at weekends, with an average of 85%.
6 Red Sea, South Sinai hotels receive health and safety certificate on Monday: Tourism Ministry
Total of 541 hotels across 21 governorates have so far receive certificates to reopen
487 hotels, resorts across Egypt receive health, safety certificate
30 diving centres, 13 yachts, and 4 marine activity centres also receive certificate to reopen
14 Marsa Alam hotels receive 10,400 Egyptian repatriates from 3 April to 27 May
Several Marsa Alam hotels have been set aside for repatriated Egyptians who have undertaken their 14-day quarantine periods at the hotels.
35 hotels in 7 governorates receive health, safety certificate to reopen: Tourism Ministry
The certificates were awarded following the verification that they have followed the health guidelines outlined by the Egyptian government and the World Health Organisation (WHO).
Alexandria, North Coast hotels anticipate 100% occupancy in July, August: ETAA
Many EU countries have expressed keenness to allow their citizens’ return to Egypt, says El-ManasterlyÂ
Red Sea hotels report 10-15% occupancy over Eid Al-Fitr: EHA
Limited reservations in Red Sea hotels anticipated over June, with real recovery in July and August, says Akel
ODE’s Egypt hotels to re-open for business on 15 May
ODE said the gradual reopening plans will ensure all hotels in El Gouna will be open for business by 21 May, with its Taba Heights Hotels to also reopen on 21 May.
MENA hotels expect recovery from Q4 of 2020: Colliers
Colliers’ MENA Hotels Quarterly Review report, released in 7 May, indicated that 79% of hotel owners have decided to partially or fully close their hotels due to low occupancy rates.
79% of MENA hotels to partially or fully close after low occupancy rates: Colliers
Of the respondents, Colliers International identified 65% as owning existing hotels.
Sharm Dreams hotels occupancy rates plummet due to coronavirus
Company can sustain the two-week suspension, if extended it will suffer losses
Sharm El-Sheikh hotels will not accept reservations from 19 to 31 March: South Sinai GovernorÂ
Governorate suspends provision of Shisha, tourism facilities violating decision will be closed and pay EGP 10,000 fineÂ
Sinai Hotels opens Nuweiba Club Resort in South Sinai
El Tarabishy said that only 30% of the hotel’s total area has been developed, adding that Al Bawaba intends to develop the rest of the area within five years with Sinai Hotels.
Jaz Hotel Group to add 4 hotels to its management hotels in six months: CEO
The group’s occupancy sees 18% hike in 9 months, says Akel
Boom in hotel occupancy in conjunction with AFCON
A member of the Chamber of Tourism, Waheed Assem, told Daily News Egypt that the rate of hotel occupancy is going well, as the percentage of occupancy in all the governorates hosting the matches significantly increased
Negotiations with hotels in Sharm El-Sheikh to sell electricity produced in second phase
Tawakol: 80GW/h expected to be contracted with tourism sector
Al-Futtaim to establish two hotels in CFC by 2020
Group plans to deliver 550 residential units, 60 sq km administrative areas this year
Hotels, administrative, residential projects most active in current year: JLL
Real estate prices expected to hike between 5%-10%, says Ayman Sami
Egypt’s hotel market sees 42% RevPAR growth in 2018
Egyptian hotels in different governorates, such as Cairo, Hurghada, Sharm El Sheikh, and Alexandria saw an average revenue per available rooms (RevPAR) growth of 42% in 2018 compared to 2017, according to Colliers International’s MENA Hotel Forecast for 2019. Colliers said that Egypt’s hotels RevPAR growth is driven by both average daily rates (ADR) and …