62% expected occupancy rate in Cairo in 1Q2017, 32% in Sharm El Sheikh -Colliers International

The latest Colliers International MENA Hotels Forecast report expects a 62% occupancy rate in Cairo in 1Q2017. The average cost of a night in Cairo is USD 137, with an average return of USD 85 per room, the report adds. Meanwhile, the occupancy rate in Sharm El Sheikh is expected to be around 32% with the average cost at USD 54 and the return at USD 13 per night.