The Egyptian Resorts Company (ERC)’s Bay Village has seen a surge in demand since its launch in October, according to a press release (pdf). Bay Village has so far made EGP 79.6 mn from contracted sales and reservations and expects to generate EGP 390 mn in revenues for ERC. “Sale activity in recent months has been very encouraging for ERC’s Old Town district in Sahl Hasheesh,” ERC’s CEO Wael El Hatow said.

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