{"id":628461,"date":"2018-05-06T04:20:24","date_gmt":"2018-05-06T04:20:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/egypts-hotels-report-highest-first-quarter-occupancy-rates-since-2010\/"},"modified":"2018-05-06T04:20:24","modified_gmt":"2018-05-06T04:20:24","slug":"egypts-hotels-report-highest-first-quarter-occupancy-rates-since-2010","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/egypts-hotels-report-highest-first-quarter-occupancy-rates-since-2010\/","title":{"rendered":"Egypt\u2019s hotels report highest first-quarter occupancy rates since 2010"},"content":{"rendered":"

<\/a> Egypt\u2019s hotels report highest first-quarter occupancy rates since 2010: <\/strong>Hotels in Egypt reported the highest first-quarter occupancy rates since 2010 in 1Q2018, rising 21.2% y-o-y to reach 60.1%, according to data from STR Global<\/a>. The average daily rate rose 11.8% y-o-y to EGP 1,291.72, while revenue per available room (RevPAR) rose 35.5% to EGP 775.69. The increase in RevPAR \u201cwas supported by both the Sharm El Sheikh (+8.49%) and Cairo \/ Giza (+14.7%) markets, and STR analysts expect this boost to continue as Russia recently resumed flights to Egypt after a two-year suspension.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s hotels report highest first-quarter occupancy rates since 2010: Hotels in Egypt reported the highest first-quarter occupancy rates since 2010 in 1Q2018, rising 21.2% y-o-y to reach 60.1%, according to data from STR Global. The average daily rate rose 11.8% y-o-y to EGP 1,291.72, while revenue per available room (RevPAR) rose 35.5% to EGP 775.69. […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628461","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cf140aad-f847-4b5f-b869-2062d46c4a4c","order":"0","is_powered_by":true,"section_story_id":"2aa6b4e5-012c-4d4f-b603-854ccfbb7dd2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628451],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s hotels report highest first-quarter occupancy rates since 2010 - 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\/2018\/05\/06\/egypts-hotels-report-highest-first-quarter-occupancy-rates-since-2010\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s hotels report highest first-quarter occupancy rates since 2010\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s hotels report highest first-quarter occupancy rates since 2010: Hotels in Egypt reported the highest first-quarter occupancy rates since 2010 in 1Q2018, rising 21.2% y-o-y to reach 60.1%, according to data from STR Global. The average daily rate rose 11.8% y-o-y to EGP 1,291.72, while revenue per available room (RevPAR) rose 35.5% to EGP 775.69. 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The Red Sea resort towns of Hurghada and Sharm El Sheikh will see the\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\/2020\/12\/113.jpg?fit=%2C&ssl=1&resize=350%2C200","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":628461,"position":5},"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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