{"id":634591,"date":"2018-01-18T04:16:56","date_gmt":"2018-01-18T04:16:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/"},"modified":"2018-01-18T04:16:56","modified_gmt":"2018-01-18T04:16:56","slug":"ode-announces-87-5-y-o-y-increase-in-2017-sales","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/","title":{"rendered":"ODE announces 87.5% y-o-y increase in 2017 sales"},"content":{"rendered":"

Orascom Development Egypt (ODE) announced yesterday that sales in 2017 grew 87.5% y-o-y to EGP 1.46 bn<\/strong>, up from EGP 781 mn a year before, according to a company release (pdf)<\/a>. The increase was \u201cdriven by the strong sales momentum in El Gouna.\u201d The release says that \u201cthe new hotel management strategy introduced in January 2017, coupled with the renovation of six hotels triggered a boost in operational efficiency, leading to higher occupancy and room rates.\u201d The company flagged that it will be announcing FY2017 earnings in March.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Development Egypt (ODE) announced yesterday that sales in 2017 grew 87.5% y-o-y to EGP 1.46 bn, up from EGP 781 mn a year before, according to a company release (pdf). The increase was \u201cdriven by the strong sales momentum in El Gouna.\u201d The release says that \u201cthe new hotel management strategy introduced in January […]<\/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-634591","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1b34200e-cf30-48c0-8372-c5137b832db8","order":"0","is_powered_by":true,"section_story_id":"f3672979-5ee0-49b4-b0fb-5dbd8f5ecd5e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634571],"teaser":"","voice_url":""},"yoast_head":"\nODE announces 87.5% y-o-y increase in 2017 sales - 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\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ODE announces 87.5% y-o-y increase in 2017 sales\" \/>\n<meta property=\"og:description\" content=\"Orascom Development Egypt (ODE) announced yesterday that sales in 2017 grew 87.5% y-o-y to EGP 1.46 bn, up from EGP 781 mn a year before, according to a company release (pdf). The increase was \u201cdriven by the strong sales momentum in El Gouna.\u201d The release says that \u201cthe new hotel management strategy introduced in January […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-18T04:16:56+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\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ODE announces 87.5% y-o-y increase in 2017 sales\",\"datePublished\":\"2018-01-18T04:16:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/\"},\"wordCount\":89,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/\",\"name\":\"ODE announces 87.5% y-o-y increase in 2017 sales - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-18T04:16:56+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ODE announces 87.5% y-o-y increase in 2017 sales\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"ODE announces 87.5% y-o-y increase in 2017 sales - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/ode-announces-87-5-y-o-y-increase-in-2017-sales\/","og_locale":"en_US","og_type":"article","og_title":"ODE announces 87.5% y-o-y increase in 2017 sales","og_description":"Orascom Development Egypt (ODE) announced yesterday that sales in 2017 grew 87.5% y-o-y to EGP 1.46 bn, up from EGP 781 mn a year before, according to a company release (pdf). 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