Latest in Tourism Highlight
Latest in Tourism

Indonesia intends to attract tourists from the Middle East
The Indonesian tourism authority of Yogyakarta, affiliated to the Indonesian ministry of tourism, is intending to promote tourism to the city in the Middle East, especially Egypt, at the beginning of 2017. To achieve this plan, the authority is waiting for the approval of the city’s governor. The plan includes visiting Middle Eastern countries and showcasing …

Revenues increase at hotels in Sharm El-Sheikh, Hurghada: Colliers International
Colliers International, a commercial real estate company, published on Thursday its three-month rolling forecast for November until January 2017. The report marked Cairo and Alexandria as tourism hot spots, explaining that Cairo witnessed a 13% increase in revenues per available rooms (RevPAR) because it is a stable corporate tourism destination. The report added that the …

Historical Intercontinental Hotel will not be demolished: Mohammed Abu Saada
The interior of the building will be renovated, and its exterior preserved

AccorHotels announces 4 new hotel projects in North Coast
14 new hotels to be developed within the next five years, says AccorHotels senior vice president for Europe, Middle East, Africa

Hotels start subdued Christmas preparations amid weak bookings
Sector frustrated about low occupancy rates

Misr Travel negotiates to buy 4 Toyota tour buses
Volatility in exchange rate and absence of tourists delayed the deal

Egyptian Airports Company restudies Airport City
Investments exceed EGP 80bn for all phases until 2020, with expected returns of EGP 422bn

Insurance companies to raise risk premiums on unpaid tickets by 100% starting mid-December
ETAA attempted to negotiate with insurance companies for a one-month grace period, but they declined

506,200 tourists visited Egypt in October: CAPMAS
The number of tourist arrivals from all countries reached 506,200 in October, compared to 909,400 tourists during the same month in 2015, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). CAPMAS stated in its monthly bulletin this week that most tourists came from Western Europe in October, comprising 36% of tourists from …

Suspended flights during Umrah peak season amplifies issues in aviation sector: EgyptAir official
Flights between the two countries declined by 50%, particularly private Egyptian and Saudi flights

Sharm Dreams forecasted to see 60% decline in revenues by year’s end: Abo El Enein
The company is determined to finish the development of two hotels in Sharm El-Sheikh and Hurghada in 2018 with investment of EGP 370m

68.4% decline in tourism revenues in Egypt during first 9 months of 2016: UNWTO report
Saudi Arabia crowns the list of top tourist destinations in Arab countries, followed by Morocco, the UAE, Egypt, and Tunisia

Egyptian airports register 29% decrease in passengers during first 10 months of 2016
Sharm El-Sheikh International airport witnessed the largest decline, as 2015 Russian aeroplane crash continues to keep visitors at bay

Pound’s devaluation attracts price-sensitive tourists to Sharm El-Sheikh, Hurghada: Colliers International report
Egypt’s tourism sector continues to be affected by last year’s Russian aeroplane crash, but there are some signs of improvement

Egyptian tourism companies turn digital despite ongoing crisis
Online booking to Egypt under 20% due to limited offers

Sharm Dreams Co. to complete development of 2 hotels for EGP 370m in 2017: Chairperson
One hotel will be in Sahl Hasheesh and the other in Sharm El-Sheikh, both with about 300 rooms

Closed hotels reopen their doors amid expectations of tourism recovery: investors
There are 60,000 closed hotel rooms on the North Coast due to the current decline in tourism

Cabinet intervenes again to solve floating hotels problem: investors
Floating hotels are licensed to navigate, which proves their safety, says expert

Sharm El-Sheikh, Hurghada hotels revenues decline: Colliers International
Colliers International, The Commercial Real Estate Leader published its 3-month rolling forecast for October until December on Wednesday.

CIB negotiates with 8 banks to fund Orascom Hotels loan rescheduling worth EGP 2bn
The company looks to reschedule both short- and mid-term loans

Ministry of Tourism launches promotional campaigns, but hotels need renovation: investors
Restoration of a 5-star room costs EGP 25,000, 4-star room EGP 20,000, and 3-star needs EGP 15,000

Transportation Ministry orders lifting, review of 6 floating hotels in Lake Nasser: Hotels Association official
The Ministry of Transportation called for six floating hotels to be lifted onto the shore for review, causing them to suspend their cruises south of the High Dam in Lake Nasser, according to an official at the Egyptian Hotels Association. The official told Daily News Egypt that the hotels will be reviewed by a company …

Germans, Ukrainians to top winter tourist arrivals to Egypt: investors
Advertising campaign in Germany is broadcast across 9 TV channels, besides outdoor and digital advertisements

Number of tourists to Egypt drops by 41% y-o-y: CAPMAS
The number of tourist arrivals from all countries reached 473,000 during September this year, compared to 802,000 tourists during the same month in 2015—a decrease of 41%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). CAPMAS stated in its monthly bulletin this week that the countries that most influenced the rate were …

2017 will not be the year tourism to Egypt improves: experts
According Russian transport minister Maxim Sokolov, Russia will resume its flights to Egypt in 2017. The minister’s announcement comes at a time when Egypt’s tourism market is in a state of atrophy and starved for foreign capital and experts agree that, while the return of the Russian market would aid in tourist numbers, 2017 will …

Annual WTO meeting in Luxor raises tourism workers’ hopes for increased hotel occupancies: investors
Luxor and Aswan’s capacity stands at 21,000 hotel rooms, of which 17,000 rooms are in floating hotels

Mövenpick Aswan completes marketing plan for attracting tourists this winter season: director of sales and marketing
The winter programme was created in cooperation with Misr Travel and the Egyptian National Railways with the overall goal of boosting tourism amid the current crisis

International championships a key pillar for attracting tourism to Egypt: Sports Minister
Sports tourism is one of the most important patterns of tourism that is popular across all different ages and nationalities. Sports tourism directly helps to increase tourist influx and hotel occupancies to the cities where championships are held. This is why Minister of Sports and Youth Affairs Khaled Abdel Aziz commented: “Periodically, there should be …

Sale of ancient artefacts in world’s top auction halls irks Egypt’s archaeologists, officials
UNESCO should prevent auction houses and museums from selling Egypt’s priceless artefacts, says minister of antiquities

HOTAC to establish ceremony hall at Helnan Palestine Hotel: chairperson
Ground floor will have 1,000-person capacity, to be built in same architectural style as hotel and neighbouring palace