Latest in Tag: Colliers International Highlight
Latest in Tag: Colliers International
Egypt hotel occupancy to reach 45% in 2021: Colliers International
The latest data by the company was published in its latest Middle East and North Africa (MENA) Hotels Forecast.
Egypt’s hotel market occupancy to reach 43-62% in 2021: Colliers
Hurghada, Sharm El-Sheikh to witness y-o-y hike in occupancy rates of 88% and 78%, respectively, says forecast
MENA hotel sector’s recovery set for Q4 2020 into 2021: Colliers International
UAE and Saudi Arabia’s hotel sectors will witness faster recovery in MENA region
MENA’s shopping malls should adopt screening to mitigate COVID-19 disruption: Colliers International
Colliers sees retail as one of fastest sectors to recover as markets get back to normality
KSA’s GDP is currently 40% reliant on oil exports: Colliers InternationalÂ
SAR 61.4bn, estimated size of relevant entertainment market in the Kingdom by 2030, says Colliers
Cairo hospitality market to achieve 7% occupancy growth in 2018: Colliers
Company expects market also to witness 34% increase in ADR this year
Cairo, Al Khobar selected as touristic hotspots with 15%, 9% forecasted growth respectively: Colliers
Cairo hotels were named touristic hotspots by Colliers International, with a forecasted growth of 15% in revenue per available room (RevPAR). According to Colliers’ the MENA Hotel Forecast May 2018 report. The witnessed increase was driven by occupancy boosted by the growth in the corporate, MICE (meetings, incentives, conventions, and events), and leisure segments. In …
Egypt is not on international real estate export map: Albert
Colliers expects prices to rise 10% in 2018-2019, says Colliers International Middle East director
Hotel occupancy rises in Q3 as consumer confidence returns: Colliers International
A forecast report conducted by Colliers International on hotels in Egypt said that occupancy rose in the third quarter (Q3) of this year, as consumer confidence returns to the country after years of turmoil and instability. According to the report, continued growth in occupancy is an indication of returning confidence to the market. As for …
Beirut to stay key touristic city in MENA region during Autumn: Colliers International
A forecast report conducted by Colliers International for the hotels of the Middle East and North Africa (MENA) region for the three-month period from September to November 2017 showed that Beirut and Aqaba are the key touristic cities in the region. In Beirut, an increase in revenue per available room (RevPAR) is expected to take …
Real estate prices is a mirror for the inflation: Colliers International
Real estate prices will still go up due to the inflation that came as a result of the currency devaluation, according to Regional Director at Colliers International Middle East and North Africa Ian Albert. Colliers International is a global commercial real estate company. In an interview with Daily News Egypt, Albert said that the there …
Beirut to stay key touristic city in Mena region: Colliers International
A forecast report conducted by Colliers International for the hotels of the Middle East and North Africa (MENA) for the three-month period between August and October 2017 showed that Beirut and Aqaba are the key touristic cities in the region for that period. In Beirut, an increase in revenue per available room (RevPAR) is expected …
Alexandria hotel market on track to achieve occupancy levels of pre-geopolitical challenges in 2011: Colliers International
A forecast report conducted by Colliers International for the hotels of the Middle East and North Africa (MENA) for the three-month period from July to September 2017 has expected the Alexandria hotel market to achieve the occupancy level of pre-geopolitical challenges in 2011. The report noted that a drop in revenue per available room (RevPAR) …
Aqaba and Beirut key touristic cities in MENA region: Colliers International
A forecast report conducted by Colliers International for the hotels of the Middle East and North Africa (MENA) for the three-month period from May to July 2017 has showed that Beirut and Aqaba are the key touristic cities in the region for that period. Regarind Jordanian Aqaba, the report showed that it continues to benefit …
70% occupancy in Cairo hotels, 8% increase in Sharm El Sheikh in Q1: Colliers International
The report addressed hotel occupancies and provided an outlook for four main Egyptian cities
Egyptian second-home market: a growing investment and lifestyle trend
Unlike other popular second-home destinations, such as the Seychelles, Morocco, Malta, France, and Spain, Egypt’s second-home market is not dependent on international investors and appeals primarily to Egyptians, as only 2% are foreign investors, according to global commercial real estate leader Colliers International. Colliers released its latest white paper, focusing on the Egyptian second-home market. …
Palm Jumeirah, Aqaba marked as hot spots for Q1 in 2017: Colliers InternationalÂ
Colliers International, the Commercial Real Estate Leader, marked Palm Jumeirah in the United Arab Emirates and Aqaba, the Red Sea resort city in Jordan, as hot spots. Colliers’ report about the Middle East and North Africa (MENA) region’s hotel market forecast for the first quarter (Q1) of 2017, which was issued on Wednesday, explained that …
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 …
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
Egypt’s tourism poised for recovery: Colliers International
Owing to market reorientation strategies, Egypt, the United Arab Emirates, and Saudi Arabia see gains ahead of the peak in the tourism season
Saturation of real estate market unlikely in coming years: Colliers International
Egypt’s mortgage finance remains so insignificantly small at the moment, it does not have any real impact on the market, says Colliers regional director
Cairo’s occupancy levels for next 3 months forecasted at 58%: Colliers International
No expected recovery for Hurghada and Sharm El Sheikh in the short term
Cairo hotels’ revenue per available room expected to grow by 22% during June to August y-o-y
Colliers expects that the occupancy rate in Hurghada will be 5% more than that in Sharm El-Sheikh from June to August
Cairo tourism sector showed resilience in 2015: Colliers International
Cairo has seen massive increase in announcements of development projects in categories varied from simple hotels to larges more complex plans
Influx of tourists to Sharm El-Sheikh, Hurghada expected to decline: Colliers
Tourism is expected to grow in Cairo and Alexandria, according to the report
Medium-term recovery expected in Sharm El-Sheikh: Colliers
Occupancy to reach 36% in February and March in Sharm El-Sheikh
Cairo hotels to profit despite lack of tourists: Colliers
Sharm El-Sheikh and Hurghada revenues suffers losses
Egyptian pound devaluation has positive impact on tourism: Colliers official
Creation of Suez Canal is a catalyst to build a new tourism hub, and Ain Sokhna particularly in the immediate future, says Head of Hotels (MENA) at Colliers International
0.5m residential units to fill Cairo’s market gap: Colliers International
Retail market expected to be undersupplied by 1m sqm in 2020
European tourists drive hotel room profit during Ramadan: Colliers International
Demand maintained in Cairo, while Luxor sees lowest revenues and occupancy rates