{"id":598059,"date":"2019-05-13T03:54:17","date_gmt":"2019-05-13T03:54:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/egyptian-hotel-market-revenue-grows-34-y-o-y-in-1q2019\/"},"modified":"2019-05-13T03:54:17","modified_gmt":"2019-05-13T03:54:17","slug":"egyptian-hotel-market-revenue-grows-34-y-o-y-in-1q2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/egyptian-hotel-market-revenue-grows-34-y-o-y-in-1q2019\/","title":{"rendered":"Egyptian hotel market revenue grows 34% y-o-y in 1Q2019"},"content":{"rendered":"<p>Revenue per available room (RevPAR) growth in Egypt\u2019s hotel market grew 34% during 1Q2019 on the back of \u201crelaxed\u201d travel sentiment, according to a report by Colliers International <a href=\"https:\/\/menafn.com\/1098511057\/Egypts-hotel-market-sees-average-34-RevPAR-growth-in-Q1-of-2019\">cited by the local press<\/a>. RevPAR is forecast to grow by an average 21% through 2019, with hotels in Cairo growing 99%, Alexandria 69%, Hurghada 42%, and Sharm El Sheikh 30%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revenue per available room (RevPAR) growth in Egypt\u2019s hotel market grew 34% during 1Q2019 on the back of \u201crelaxed\u201d travel sentiment, according to a report by Colliers International cited by the local press. RevPAR is forecast to grow by an average 21% through 2019, with hotels in Cairo growing 99%, Alexandria 69%, Hurghada 42%, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[1822,72,505,954,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598059","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-colliers-international","tag-enterpriseam","tag-hurghada","tag-sharm-el-sheikh","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"8d712975-19cb-4ea7-8ef1-d85955b78012","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[598029],"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>Egyptian hotel market revenue grows 34% y-o-y in 1Q2019 - 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\/2019\/05\/13\/egyptian-hotel-market-revenue-grows-34-y-o-y-in-1q2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptian hotel market revenue grows 34% y-o-y in 1Q2019\" \/>\n<meta property=\"og:description\" content=\"Revenue per available room (RevPAR) growth in Egypt\u2019s hotel market grew 34% during 1Q2019 on the back of \u201crelaxed\u201d travel sentiment, according to a report by Colliers International cited by the local press. RevPAR is forecast to grow by an average 21% through 2019, with hotels in Cairo growing 99%, Alexandria 69%, Hurghada 42%, and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/egyptian-hotel-market-revenue-grows-34-y-o-y-in-1q2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-13T03:54:17+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/egyptian-hotel-market-revenue-grows-34-y-o-y-in-1q2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/egyptian-hotel-market-revenue-grows-34-y-o-y-in-1q2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egyptian hotel market revenue grows 34% y-o-y in 1Q2019\",\"datePublished\":\"2019-05-13T03:54:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/egyptian-hotel-market-revenue-grows-34-y-o-y-in-1q2019\/\"},\"wordCount\":61,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Colliers International\",\"EnterpriseAM\",\"Hurghada\",\"Sharm El Sheikh\",\"tourism\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/egyptian-hotel-market-revenue-grows-34-y-o-y-in-1q2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/egyptian-hotel-market-revenue-grows-34-y-o-y-in-1q2019\/\",\"name\":\"Egyptian hotel market revenue grows 34% y-o-y in 1Q2019 - 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Sharm is still lagging behind other cities as far as occupancy rates are concerned, with a\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":591572,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-is-a-top-growing-tourism-market-in-the-mena-region-this-year-say-operators\/","url_meta":{"origin":598059,"position":2},"title":"Egypt is a top-growing tourism market in the MENA region this year, say operators","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"Egypt \u2014 especially Sharm El Sheikh \u2014 is one of the top-growing tourism markets in the MENA region this year, Colliers International MENA senior manager James Wrenn tells Hotelier Middle East. 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This beat Colliers\u2019 expectations that hotels would see revenue growths of\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":602900,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/09\/egypt-hotel-industry-to-see-19-rise-in-revenue-per-average-room-colliers\/","url_meta":{"origin":598059,"position":5},"title":"Egypt hotel industry to see 19% rise in revenue per average room \u2013Colliers","author":"enterpriseam admin","date":"9 April 2019","format":false,"excerpt":"Egypt\u2019s hotels saw a 39% y-o-y increase in revenue per average room (RevPAR) in January and February 2019, Colliers International said in a report picked up by Zawya. 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