{"id":599110,"date":"2019-06-18T04:03:20","date_gmt":"2019-06-18T04:03:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/18\/colliers-expects-sharm-to-top-hotel-rooms-revenue-growth-this-year-still-lags-in-occupancy\/"},"modified":"2019-06-18T04:03:20","modified_gmt":"2019-06-18T04:03:20","slug":"colliers-expects-sharm-to-top-hotel-rooms-revenue-growth-this-year-still-lags-in-occupancy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/18\/colliers-expects-sharm-to-top-hotel-rooms-revenue-growth-this-year-still-lags-in-occupancy\/","title":{"rendered":"Colliers expects Sharm to top hotel rooms revenue growth this year, still lags in occupancy"},"content":{"rendered":"

Sharm El Sheikh\u2019s revenue per available room (RevPAR) is expected to grow 33% in 2019 ahead of Hurghada (29%), Alexandria (25%) and Cairo (11%), Colliers International said in its MENA Hotel Forecasts reports (pdf)<\/a>. Sharm is still lagging behind other cities as far as occupancy rates are concerned, with a rate of 62%. Alexandria is set to have the highest occupancy rates in 2019 with a rate of about 84%, followed by Cairo (79%), and Hurghada (69%).<\/p>\n","protected":false},"excerpt":{"rendered":"

Sharm El Sheikh\u2019s revenue per available room (RevPAR) is expected to grow 33% in 2019 ahead of Hurghada (29%), Alexandria (25%) and Cairo (11%), Colliers International said in its MENA Hotel Forecasts reports (pdf). Sharm is still lagging behind other cities as far as occupancy rates are concerned, with a rate of 62%. Alexandria is […]<\/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":[1822,72,955,505,954,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599110","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-colliers-international","tag-enterpriseam","tag-hospitality","tag-hurghada","tag-sharm-el-sheikh","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"ff096f1f-552a-4ce1-84a4-8fd1ea94e0b8","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599082],"teaser":"","voice_url":""},"yoast_head":"\nColliers expects Sharm to top hotel rooms revenue growth this year, still lags in occupancy - 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\/06\/18\/colliers-expects-sharm-to-top-hotel-rooms-revenue-growth-this-year-still-lags-in-occupancy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Colliers expects Sharm to top hotel rooms revenue growth this year, still lags in occupancy\" \/>\n<meta property=\"og:description\" content=\"Sharm El Sheikh\u2019s revenue per available room (RevPAR) is expected to grow 33% in 2019 ahead of Hurghada (29%), Alexandria (25%) and Cairo (11%), Colliers International said in its MENA Hotel Forecasts reports (pdf). Sharm is still lagging behind other cities as far as occupancy rates are concerned, with a rate of 62%. 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Cairo and Alexandria were less hard-hit than the Red Sea resort towns, with occupancy rates in the capital declining 47% and 46% in\u2026","rel":"","context":"In "Tourism"","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":565847,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/09\/hotel-occupancy-outlook-in-cairo-sharm-on-the-up\/","url_meta":{"origin":599110,"position":3},"title":"Hotel occupancy outlook in Cairo + Sharm on the up","author":"enterpriseam admin","date":"9 May 2021","format":false,"excerpt":"Colliers International has revised upwards its 2021 outlook for hotel occupancy in Cairo and Sharm El Sheikh in its latest monthly MENA hotel forecast (pdf). The real estate services company now sees occupancy in Cairo hitting 45% this year, up 66% from 2020, and hotels in Sharm seeing a 37%\u2026","rel":"","context":"In "SPEED ROUND: TOURISM"","block_context":{"text":"SPEED ROUND: TOURISM","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/334.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625844,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/16\/hotel-occupancy-rates-in-hurghada-sharm-alexandria-to-rise-from-july-september-colliers\/","url_meta":{"origin":599110,"position":4},"title":"Hotel occupancy rates in Hurghada, Sharm, Alexandria to rise from July-September -Colliers","author":"enterpriseam admin","date":"16 August 2018","format":false,"excerpt":"Hotel occupancy on the rise: Hotel occupancy rates in Sharm El Sheikh, Hurghada, and Alexandria are expected to rise from July to September, Colliers International said in a report on MENA hotels (pdf). The report forecasts hotel occupancy rates in Sharm El Sheikh to 64% during the three-month period on\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566193,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/colliers-ups-outlook-for-red-sea-destinations\/","url_meta":{"origin":599110,"position":5},"title":"Colliers ups outlook for Red Sea destinations","author":"enterpriseam admin","date":"2 June 2021","format":false,"excerpt":"Colliers international is now more hopeful about the Red Sea\u2019s tourism prospects for 2021. The real estate services company has upped its full-year hotel occupancy forecasts (pdf) for Sharm El Sheikh and Hurghada. 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