Latest in Tag: hotel Highlight
Latest in Tag: hotel

Colliers International expects hotel occupancy to rise across Egypt
Company foresees Cairo occupancy to increase to 69%, Hurghada 61%, Sharm El Sheikh 51%, Alexandria 71%

Nile Ritz-Carlton, Cairo, celebrates its second anniversary
The hotel is arranging an event with other Marriott brands on 28 October, the donations and sponsorship will be for Abu El Reesh Hospital, says Hotel`s general manager

Jewish New Year raises hotel occupancy in Taba: Utopia
Hotels dealing with international management companies in the region have stronger relations with major foreign tour operators than the companies locally managed

Barons Court launches new hotel in Alex West project with investments EGP 300m
Barons Court achieved profits of EGP 59m last year, says managing director

Steigenberger to complete first phase of Giza hotel by end of 2017: regional manager
All developments of the hotel will be completed by the end of 2018 after that the hotel will be running under the name of Steigenberger, the hotel welcomes guests during this period

Albatross Holding for Tourism opens new hotel with investments exceeding EGP 1bn: Abo Ali
The project is a message to tourists and investors in all fields from all over the world that Egypt is safe

Red Sea and South Sinai hotel occupancy stable in past few weeks
Influx of German tourists expected in January after resumption of flightsÂ

Pickalbatros buys 50,000 sqm in Fifth Settlement to establish a hotel
Company working to complete Beach Albatros Marsa Alam, with investments of EGP 400mÂ

15.7 % decrease in number of hotel guests in 2015
The total number of hotel guests reached 9.6 million in 2015, versus 11.4 million guests in 2014, a decrease of 15.7%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). In its annual Statistical Bulletin of hotel activity and tourist villages in 2015, CAPMAS stated that the total number of hotels, tourist villages, …

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

Ministry of Tourism begins application of Accessible Tourism Project at new hotels
This projectâs provisions for disabled people will double the number of guests in hotels, says Abu Ali

Ritz-Carlton to open in Sharm El-Sheikh, Marriott to open sports hotel in Abu DhabiÂ
Tourists could spend five times as much in other Mediterranean countries to experience what Egypt has to offer, says Marriott International president

Increase in hotel bookings over Eid Al-Adha holiday: tourism sector
Accommodation in Alexandria ranges from EGP 700-1,700 per night; this price increase is due to higher operation costs in the past period, especially food products

Amer Group to open Porto Sharm Hotel in December
Amer group will be managing the hotel during the first phase of the operations, until the hotel is assigned to an international company specialised in hotel management

Egyptians push growth of Sharm El-Sheikh hotel occupancies, tourist workers
South Sinai has 65,000 hotel rooms; Egypt has a total of 225,000 operational rooms distributed across governorates of the Red Sea, Greater Cairo and South of Upper Egypt

France: Hotel stays drop due to attacks
The number of nights spent in French hotels by foreign tourists in July was down 10 percent from last year. Visitors from outside Europe have been deterred by recent Islamist militant attacks.

Cairoâs occupancy levels for next 3 months forecasted at 58%: Colliers International
No expected recovery for Hurghada and Sharm El Sheikh in the short term

SECON, Hilton Worldwide sign contract to manage 4-star hotel in New Damietta
Hassanain pointed out that the project will shed light on New Damietta city as one of the important port cities.

Our hotel worked just 20 days over a 5-months period: head of Tobya Tourism Investments
The majority of hotels still operating in Taba and Nuweiba are run by Egyptian companies

Tourism agencies must request hotel’s licence, insurance policy when booking for guests: Tourism Chamber
The decision aims to maintain the rights of tourism companies and the reputation of Egyptâs tourism

CI Capital prepares IPOs at EGX in construction, food, and hotel sectors in 2016
Government should activate one-stop shop quickly to attract more local and foreign investments, says Chief Executive

Dubai hotel fire: ‘There will be fatalities unless building safety is improved’
The New Year’s blaze at a luxury hotel has led to calls for skyscrapers to be modified, amid concerns that Dubai landmarks are built with flammable cladding. It was the city’s third major high-rise fire in three years.

âState Of Sinaiâ claims attack on North Sinai hotel housing election judges
Death toll rose to 7, including four police personnel and two judges, state media reported

MHOTâs general assembly ratifies EGP 32.15m in losses
The Ministry of Tourism hopes to boost the number of tourists to 10 million tourists by the end of this year.

 Marsa Allam hotel manager suspended for allowing distribution of donations flyers
Nomination of a new head to follow

Blackstone to acquire Strategic Hotels
Blackstone has agreed to buy real estate investment trust Strategic Hotels & Resorts in a multi-billion-dollar deal. The deal is the latest move by the US private equity firm to expand its massive real estate portfolio. Strategic Hotels & Resorts said on Tuesday that Blackstone’s real estate fund is set to buy the US luxury …
Amer Group establishes company in Dubai to handle projects: Investor relations manager
Companyâs capital stands at AED 1,000, divided into 10 shares with a value of AED 100 per share

Hotels launch offers to attract Egyptians during Eid Al-Fitr holiday
Hotels in Cairo, Luxor, and Aswan have least occupancies during Eid, as Egyptians prefer coastal areas

Governmentâs charter airline incentives raise hotel occupancies in 4 tourist areas: ETAA members
Decision targets increasing bookings for winter season in Luxor, Aswan, and Taba, and in summer for Marsa Matruh

Rixos Seagate Sharm to launch in August with renovations of $55m: General Manager
Three Rixos Hotels will be opened by 2016-2017, says Huth