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Colliers International sees Egyptian hotel occupancy recovering in 2021
Hotel occupancy rates in Egypt could bounce back from the covid-19 slump as early as 4Q2020 or the beginning of…
Egypt tourism expenditure to nearly double in by 2024 -Colliers
Tourist spending in Egypt is expected to hit USD 29.7 bn in 2024 from USD 16.4 bn in 2019, according…
Egypt is a top-growing tourism market in the MENA region this year, say operators
Egypt — especially Sharm El Sheikh — is one of the top-growing tourism markets in the MENA region this year,…
Egyptian hotel market continues strong performance in 5M2019
Egyptian hotels saw their average revenue per available room (RevPAR) grow 24% y-o-y during the first five months of 2019,…
Colliers expects Sharm to top hotel rooms revenue growth this year, still lags in occupancy
Sharm El Sheikh’s revenue per available room (RevPAR) is expected to grow 33% in 2019 ahead of Hurghada (29%), Alexandria…
Egyptian hotel market revenue grows 34% y-o-y in 1Q2019
Revenue per available room (RevPAR) growth in Egypt’s hotel market grew 34% during 1Q2019 on the back of “relaxed” travel…
Egypt hotel industry to see 19% rise in revenue per average room –Colliers
Egypt’s hotels saw a 39% y-o-y increase in revenue per average room (RevPAR) in January and February 2019, Colliers International…
Hotel occupancy rates in Cairo expected to rise 7% y-o-y in 2018, says Colliers
Hotel occupancy rates in Cairo are expected close 2018 up 7% to 70% total occupancy, Colliers International said in its…
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