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El Gouna is getting a new hotel
Luxury hotels operator General Hotel Management (GHM) will team up with Orascom Hotels Management (OHM) to bring us the Chedi…
Svetlana, how we’ve missed you
The Great Russian Return is finally happening: Egypt’s Red Sea resorts are set for an influx of Russian holiday-makers after…
Hotel occupancy rises in 1H2021
Hotel occupancy rates in key Egyptian holiday destinations rose to 35-40% in the first six months of 2021, Reuters reports,…
Colliers ups outlook for Red Sea destinations
Colliers international is now more hopeful about the Red Sea’s tourism prospects for 2021. The real estate services company has…
Hotel occupancy outlook in Cairo + Sharm on the up
Colliers International has revised upwards its 2021 outlook for hotel occupancy in Cairo and Sharm El Sheikh in its latest…
Hotel occupancy rates are slowly inching up
Occupancy rates at hotels across Egypt averaged between 40-45% in 1Q2021, but have been growing m-o-m as international travel picks…
Also on our Radar on 31 March 2021
Egypt-Sudan electricity link gets a boost: Siemens Energy was awarded a contract to build two grid stabilization stations in Sudan…
Also on our radar on 11 March 2021
Hilton Hotels will open nine new properties in Egypt in the coming five years, adding another 1.7k rooms to its…
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