{"id":561546,"date":"2021-04-12T03:47:39","date_gmt":"2021-04-12T03:47:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/hotel-occupancy-rates-are-slowly-inching-up\/"},"modified":"2021-04-12T03:47:39","modified_gmt":"2021-04-12T03:47:39","slug":"hotel-occupancy-rates-are-slowly-inching-up","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/hotel-occupancy-rates-are-slowly-inching-up\/","title":{"rendered":"Hotel occupancy rates are slowly inching up"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Occupancy rates at hotels across Egypt averaged between 40-45% in 1Q2021<\/strong>, but have been growing m-o-m as international travel picks up ever so slowly, <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2BY07O\">Reuters<\/a> reported, citing an unnamed Tourism Ministry official. Occupancy was at 25% in January, but rose to 30% in February and 45% in March, according to the official. Hotels across the country are still only allowed to operate at 50% capacity. Occupancy rates are now calculated out of that capacity limit, meaning that the real occupancy is around 25% for the three-month period.<\/p>\n<p><strong>Forecasts say things will get better:<\/strong> Occupancy rates are forecast to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f5879ef4-4c9b-4b38-8d93-6982e3bb717b\">pick up this year<\/a> with the roll-out of vaccines, which will help kickstart international travel. Some <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/25c22f51-75bc-4758-9387-dc7b68f73b17\">2 mn tourists<\/a> have visited the country in the nine months since flights restarted following the initial wave of covid-19.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Occupancy rates at hotels across Egypt averaged between 40-45% in 1Q2021, but have been growing m-o-m as international travel picks up ever so slowly, Reuters reported, citing an unnamed Tourism Ministry official. Occupancy was at 25% in January, but rose to 30% in February and 45% in March, according to the official. Hotels across the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":561547,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7377],"tags":[107,72,955,238,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism","tag-covid-19","tag-enterpriseam","tag-hospitality","tag-tourism","tag-travel","wpautop","entry"],"acf":{"mongo_id":"ebd2e351-53ca-4fe0-81c0-e6cf75d31a99","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/4\/116.jpg","photo_position":"above","related_issue":[561535],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hotel occupancy rates are slowly inching up - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/hotel-occupancy-rates-are-slowly-inching-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hotel occupancy rates are slowly inching up\" \/>\n<meta property=\"og:description\" content=\"Occupancy rates at hotels across Egypt averaged between 40-45% in 1Q2021, but have been growing m-o-m as international travel picks up ever so slowly, Reuters reported, citing an unnamed Tourism Ministry official. Occupancy was at 25% in January, but rose to 30% in February and 45% in March, according to the official. Hotels across the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/hotel-occupancy-rates-are-slowly-inching-up\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-12T03:47:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/116.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/hotel-occupancy-rates-are-slowly-inching-up\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/hotel-occupancy-rates-are-slowly-inching-up\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Hotel occupancy rates are slowly inching up\",\"datePublished\":\"2021-04-12T03:47:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/hotel-occupancy-rates-are-slowly-inching-up\/\"},\"wordCount\":135,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/hotel-occupancy-rates-are-slowly-inching-up\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/116.jpg?fit=%2C&ssl=1\",\"keywords\":[\"covid-19\",\"EnterpriseAM\",\"hospitality\",\"tourism\",\"travel\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/hotel-occupancy-rates-are-slowly-inching-up\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/hotel-occupancy-rates-are-slowly-inching-up\/\",\"name\":\"Hotel occupancy rates are slowly inching up - 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The Red Sea resort towns of Hurghada and Sharm El Sheikh will see the\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/113.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543781,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/occupancy-rates-at-egyptian-hotels-to-rise-by-19-29-this-year-colliers\/","url_meta":{"origin":561546,"position":1},"title":"Occupancy rates at Egyptian hotels to rise by 19-29% this year -Colliers","author":"enterpriseam admin","date":"17 February 2022","format":false,"excerpt":"Colliers International maintained its optimistic forecast for Egypt\u2019s hotel occupancy in its January report on MENA hotels (pdf), with all four of its listed Egyptian destinations \u2014 Cairo, Sharm El Sheikh, Hurghada and Alexandria \u2014 expected to see occupancy rates rise by 19-29% this year compared with 2021.More travelers are\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/246.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628858,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/15\/colliers-international-reports-jump-in-1q2018-occupancy-rates\/","url_meta":{"origin":561546,"position":2},"title":"Colliers International reports jump in 1Q2018 occupancy rates","author":"enterpriseam admin","date":"15 May 2018","format":false,"excerpt":"Hotel occupancy rates in Egypt\u2019s main touristic cities rose in 1Q2018 as \u201cEgypt\u2019s tourism industry appears to be on the road to recovery,\u201d Colliers International says in its quarterly review on MENA hotels (pdf). Occupancy soared 44% y-o-y in Sharm El Sheikh, while Hurghada also saw a double-digit y-o-y increase\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560084,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/luxor-and-aswan-hotels-are-crawling-back-to-a-recovery\/","url_meta":{"origin":561546,"position":3},"title":"Luxor and Aswan hotels are crawling back to a recovery","author":"enterpriseam admin","date":"15 February 2021","format":false,"excerpt":"Occupancy rates at floating hotels in Luxor and Aswan are up to 60% on the back of a government campaign to encourage domestic winter tourism, the local press reports, citing an unnamed Tourism Ministry source. The campaign, which kicked off on 15 January and will end on 28 February, gives\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":563547,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/07\/hotel-occupancy-rises-in-1h2021\/","url_meta":{"origin":561546,"position":4},"title":"Hotel occupancy rises in 1H2021","author":"enterpriseam admin","date":"7 July 2021","format":false,"excerpt":"Hotel occupancy rates in key Egyptian holiday destinations rose to 35-40% in the first six months of 2021, Reuters reports, citing an unnamed tourism official. Occupancy in Red Sea resorts Sharm El Sheikh and Hurghada almost doubled to 35-40% from 20-23% in the same period a year earlier, while hotels\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/64.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562564,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/hotel-occupancy-rates-decline-in-1q2021-and-you-can-thank-the-high-base-effect\/","url_meta":{"origin":561546,"position":5},"title":"Hotel occupancy rates decline in 1Q2021, and you can thank the high base effect","author":"enterpriseam admin","date":"30 May 2021","format":false,"excerpt":"Hotel occupancy rates fell in 1Q2021, with four of Egypt\u2019s tourist hotspots seeing declining figures from the same period last year, according to a Colliers International report (pdf) on hotels in the MENA region.Hotels in Red Sea resorts were the hardest hit: Occupancy rates in Sharm El Sheikh fell 33%\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/264.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=561546"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561546\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/561535"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/561547"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=561546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=561546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=561546"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=561546"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=561546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}