{"id":634534,"date":"2018-01-17T04:14:28","date_gmt":"2018-01-17T04:14:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/tourism-ministry-abandons-plan-to-stipulate-minimum-rates-for-hotels\/"},"modified":"2018-01-17T04:14:28","modified_gmt":"2018-01-17T04:14:28","slug":"tourism-ministry-abandons-plan-to-stipulate-minimum-rates-for-hotels","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/tourism-ministry-abandons-plan-to-stipulate-minimum-rates-for-hotels\/","title":{"rendered":"Tourism Ministry abandons plan to stipulate minimum rates for hotels."},"content":{"rendered":"

<\/a> The Tourism Ministry appears to have abandoned plans to set a minimum charge of per night for hotel rooms in Egypt<\/strong> after it was rejected by the Ismail Cabinet. Ministers refused the proposal after studies suggested no other nation has a similar policy, Deputy Tourism Minister Adela Ragab tells Al Mal<\/a>. The committee mandated with the task had recommended imposing<\/a> a minimum charge of USD 110 per night on five-star hotels in Cairo, while five-star hotels in Sharm El Sheikh, Hurghada, Alexandria, and Luxor charge guests USD 35 per person for an all-inclusive stay. The committee had also recommended a minimum charge of USD 25 a night for four-star hotels and USD 20 for three-star hotels across the country.<\/p>\n

Nonetheless the Egyptian Competition Authority (ECA) wants the industry to be mindful of larger players undercutting smaller operators<\/strong>. Outgoing ECA boss Mona El Garf said that while setting a minimum charge for hotels is antithetical to a market economy, she warned against undercutting prices, which could help foster monopolies by favouring deep-pocketed players. The ECA will meet with Tourism Ministry officials to discuss antitrust strategies and policies<\/strong> which will implemented sector-wide on Wednesday, El Garf tells Al Borsa<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Tourism Ministry appears to have abandoned plans to set a minimum charge of per night for hotel rooms in Egypt after it was rejected by the Ismail Cabinet. Ministers refused the proposal after studies suggested no other nation has a similar policy, Deputy Tourism Minister Adela Ragab tells Al Mal. The committee mandated with […]<\/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-634534","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"36835594-e149-436f-9cea-58d16e17b039","order":"0","is_powered_by":true,"section_story_id":"fc4ce158-9b2a-4c7d-a4e7-58a6fb68c82a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634519],"teaser":"","voice_url":""},"yoast_head":"\nTourism Ministry abandons plan to stipulate minimum rates for hotels. - 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\/01\/17\/tourism-ministry-abandons-plan-to-stipulate-minimum-rates-for-hotels\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tourism Ministry abandons plan to stipulate minimum rates for hotels.\" \/>\n<meta property=\"og:description\" content=\"The Tourism Ministry appears to have abandoned plans to set a minimum charge of per night for hotel rooms in Egypt after it was rejected by the Ismail Cabinet. 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The decision\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\/2021\/4\/248.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581932,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/01\/govt-imposes-new-charges-on-hotels-tourist-companies\/","url_meta":{"origin":634534,"position":2},"title":"Gov\u2019t imposes new charges on hotels + tourist companies","author":"enterpriseam admin","date":"1 March 2023","format":false,"excerpt":"Hotels, tourist companies, restaurants and bazaars will have to pay additional fees into the government\u2019s tourism support fund under a Tourism Ministry decision published in the Official Gazette yesterday.Hotels will be charged a percentage of their room rates: Hotels will have to pay 1% of revenues made from room bookings\u2026","rel":"","context":"In \"EnterpriseAM\"","block_context":{"text":"EnterpriseAM","link":"https:\/\/enterpriseam.com\/egypt\/tag\/enterpriseam\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/egypt-tourism-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562132,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/09\/ka-ching\/","url_meta":{"origin":634534,"position":3},"title":"Ka-ching","author":"enterpriseam admin","date":"9 May 2021","format":false,"excerpt":"Tourists\u2019 average spending in Egypt this year is expected to come in at USD 95 per night, Deputy Tourism Minister Ghada Shalaby told the local press. 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