Holding Co. for Tourism, Hotels’ net profits decline 49% to EGP 501m in FY 2019/20
State’s share of HOTAC’s profits amount to EGP 71.8m
Latest in Tag: HOTAC Highlight
Latest in Tag: HOTAC
HOTAC targets EGP 4.2bn revenues in 2019/20 budget, net profit of EGP 1.2bn
El-Lisan Hotel-Ras El bar opens July with EGP 230m investments, Shahrazad Hotel to be developed with EGP 100m investments
Public Sector Affairs Ministry directs HOTAC to expand in 3-, 4-star hotels
There is need to resort to most distinguished international hotel management companies to manage historic hotels, says minister
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
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
HOTAC incurs EDP 30m losses due to decline in tourism: Chairman
If occupancy rates continue to decline, revenues will be affected in 2016, says Hataba
7 ministers inaugurate developed Nile-Ritz Carlton
We are concerned about repercussions from Paris attacks, says  Zaazou
HOTAC obtains approval to demolish the Continental Hotel
Alternative shops in the same area are being considered for tenants until development is completed, or they can choose to exit: Hataba
Development of internal trade companies’ branches to raise returns: Investment Minister
149 out of 326 internal-trade company branches were developed with EGP 200m, says Salman
Investment opportunities to be presented at Dubai’s AHIC: EGOTH Chairman
EGOTH recorded profits worth EGP 111m between July 2014 and March 2015, says Samir Hassan
City Stars signs contract with French company Prism to manage pyramids’ sound, light
$50m investment costs for project; the opening will be with during the coming New Year
HOTAC develops 5 branches of internal trade companies : Investment ministry
Private sector carried investment cost of development and paid an annual income for partnership worth EGP 7.6m, with a 10% increase annually
Ministry of Investment suggests allowing HOTAC to offer bonds
Government is working to repair public sector companies’ financial structures that suffer significant losses and weak production