Blue Sky studys establishment of tour operators in Russia, Eastern Europe
There is currently a lack of supply in the international Russian tourism sector after Moscow suspended work licenses of Turkish companies
Abdel Razek Al-Shuwekhi
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Latest by Abdel Razek Al-Shuwekhi
Expectations of decline in profits of HOTAC by 30% by end of FY 2015/2016: Chairwoman
Despite profits decline in FY 2015/2016 , this will not impact company’s investment plan and development of its assets to maximise revenues
Tourism real estate developers optimistic about sale of vacation properties in 2016
There is currently domestic demand to buy vacation properties outside of Cairo, specifically in Ras Sudr and the North Coast, according to an investor with the Tourism Investors Association in the Red Sea
EGOTH loses EGP 43m in 3 months after downing of Russian aircraft
Project to renovate Intercontinental Hotel in Downtown Cairo estimated to cost EGP 1bn, says Hassan
Tourism Minister expects sector’s recovery to being in March
Zaazou expects Control Risks to start reviewing airport security procedures next week
Suspension of Turkish tour operators exacerbates Egyptian tourism crisis
Turkish authorities’ decision to suspend work licenses for Turkish tour operators will exacerbate crisis of decreased tourism to Egypt, says ETF Chairman
Occupancy rates at Taba hotels fall below 5%
19 of 23 Taba hotels have suspended operations
Egyptian-American investors’ alliance buys 3 hotels for $52m in South Sinai and Red Sea: Tourism sources
Egyptian tourism sector may be good opportunity for foreign investors currently, as many hotel owners seek to exit business after five years of losses
E-Finance collects EGP 11.5bn for Finance Ministry in January: Chairman
Electronically collected tax last year amounted to EGP 37bn
Gulf alliance allocates $500m to purchase Red Sea hotels: ETF official
Saudi-Kuwaiti alliance began negations with two resorts in Marsa Alam, of an annual capacity of 700 rooms
Tourism income indicators expect to show decline of 18% in 2015: Tourism Minister’s advisor
Ministry to establish national carrier to avoid tour operators’ monopolisation and rerouting tourism, especially in times of crises
Parliament’s Health Committee studies draft law to supervise ministry’s tenders: PM
Over past five years, concern was focused on treatment aspect, without enough focus on preventative measures
Tourism Ministry considers contract with private airline to bring Chinese tourists to Luxor and Aswan: ministry official
Ministry will implement plan to attract tourists from East Asia before end of Q1 of 2016 including India, China, and Japan markets with $70 subsidy per seat
ISAQ Aviation UK to launch Egyptian branch to train pilots: ISAQ Chairman
500 flight hours are provided per person to qualify them to work for international aviation companies
Egyptian tourism sector hopes for recovery in 2016
Sector withstands repercussions of past 5 years; optimism over Egypt’s new contract with a security review company for airports
Russian plane crash affected demand for accommodation in Hurghada, Sharm El-Sheikh: Colliers International
“Flights were cancelled after tragic plane crash, Sharm El-Sheikh relies on domestic demand in short term but tourism expected to increase: Report
6 major tourism companies partake in ‘Egypt is in Our Hearts’ programme: ETAA
Programme to be suspend during winter break, which is when we need most support, says ETAA member in Luxor, Aswan
Egypt reviewing airport security procedures as tourism rate increases: Tourism minister
Ministry of Civil Aviation received two bids to review airport security procedures
Tourism sector awaits ‘mercy of the sky’: Federation chairman
$6bn tourism revenues for 2015, down $1.5bn on 2014
Tourism chamber asks members to attend foreign exhibitions
Attending before air-crash conclusions is like “ploughing the sea”, says official
Sharm El-Sheikh, Hurghada lose 55% of tourism demand: report
Ministry estimates EGP 6.6bn losses from halt of Russian and British flights
Renewed security procedures at Sharm El-Sheikh Airport to be finalised by mid-December: Sources
A joint plan to be established to resume trips to Sharm El-Sheikh from UK
South Sinai hotels occupancy varies in last week of November
Zaazou says ban of flights from UK and Russia costs tourism EGP 2.2b per month and hopes revenues will reach $6bn by end of 2015
Ministry mulls extension of domestic tourism programme
“Egypt is in Our Hearts” offers cut-price deals on Luxor and Aswan hotels
Tourists will return to Egypt: Sabre CEO
“Egypt will be able to recover quickly from crisis with its beaches, deserts, and archaeological sites,” says Naoumovitch
Air transport agents expect major losses after banning transport of goods on passenger aircrafts
Over 157 air transport companies work in Egypt, where their business declined by 40% since 2011 to EGP 2.5bn
Travelstart multiplies its marketing 5-fold to expand in Egypt: Country Manager
Company’s website in Egypt is frequented by 6,000 to 8,000 persons daily and 2.5 million annually, says Saad
Tourism workers welcome government support: Experts
Deadline by Chamber of Tourism Companies and Travel Agencies on “Egypt in Our Hearts” participation ends on Thursday
Terrorism reduces Air Cairo’s expected revenue growth to 15%
Terrorist attacks in Paris will decrease demand, not only on Egypt but for all the Middle East
Attacks in Paris harms Egyptian tourism: Tourism workers
Tourism workers expect decline in inbound tourism from Europe to unstable Middle East