S. Arabia’s real GDP sees rises in Q1 ’25
Saudi Arabia’s real GDP grew by 3.4 per cent in the first quarter of 2025 compared to the same period in 2024,…
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Hotels
UK inflation eases to 2.5% in December ’24
UK inflation eased as the Consumer Prices Index (CPI) rose by 2.5 per cent in the 12 months to December 2024, down…
Orascom Egypt, IFC sign $157m green tourism agreement
Orascom Development Egypt signed a $157 million concessional financing agreement with the International Finance…
Egypt’s Palm Hills signs hotel deal with Marriott International
Egypt’s Palm Hills Development Company signed a new hotel deal in Cairo with US Marriott International hotel chain,…
Egypt’s hotel occupancy hits 80% in H1
Egypt’s hotel occupancy rate rose by around 80 percent during the first half (H1) of the year, a government…
Egypt’s Delta for Construction buys land in Siwa
Delta for Construction and Rebuilding signed a netting contract with Delta for Agricultural Development to buy a…
Egypt invites investors to build hotels in New Mansoura
Egypt invited investors to build hotels in New Mansoursa City Northeast of the Mediterranean Sea, Addustor reported…
UAE, Saudi hotels to recover faster after COVID-19 induced slump: Colliers
Hotels in the Middle East and North Africa (MENA) region are likely to start to recover from the coronavirus slump…
266 hotels in Egypt now open under new hygiene rules
Egypt said on Friday 34 new hotels and resorts in seven governorates received the new hygiene safety certificate…
232 Egyptian hotels allowed to operate nationwide – ministry
The number of hotels that are allowed to operate at a reduced capacity increased to 232 in 13 governorates, having…
Seven hotels in Egypt’s Dahab receive hygiene safety certificates
Seven new hotels and resorts in the Egyptian coastal resort city of Dahab in South Sinai have received hygiene…
Hotels in Egypt operating with reduced occupancy are nearly full
Egyptian hotels operating with a new reduced occupancy rate of 25 percent to contain the spread of the coronavirus…
Under strict conditions, hotels in Egypt to reopen at 25% capacity until June
Egypt announced on Sunday it will allow hotels to reopen for domestic tourists on condition they operate at no more…
Egypt’s Palm Hills opens two hotels in North Coast
Egypt’s real estate developer, Palm Hills Developments said it has inaugurated two hotels in North Coast resort,…
Sri Lanka Hotels, Churches attacks kill 138 on Easter Sunday
Easter Day bomb blasts at three Sri Lankan churches and three luxury hotels killed 138 people and wounded more than…
Egypt’s Orascom sells two hotels, a land for $47.8 mln
Egypt's Orascom Development said on Thursday that the completion of selling its stake in two hotels and a land plot…
Egypt’s Travco expects sector recovering as tourists return
One of the biggest Egyptian travel companies, Travco Group, said on Tuesday that hotel bookings are rising as…
Dubai Emaar Hospitality adopts Microsoft tech to optimise operations
Microsoft has announced that Emaar Hospitality Group, the hospitality and leisure business of Dubai-based Emaar…
Hotels and OTAs need to cooperate to maximise revenues: experts
Hotels and Online Travel Agents (OTAs) need to work together to reach a collaborative approach that maximises…
Al Ahly braces for a new mega housing flagship in North Coast
Egypt’s Al Ahly for Real Estate Development Company says it will soon obtain the licences required to start…
Doha’s hotels suffer in Eid holiday due to Arab boycott
A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector…
Egypt leads Africa in building the most hotels
Egypt is currently building the most hotels of all countries in Africa, according to an industry database. With 53…
Tourism rates rise in Egypt’s Red Sea resorts over Easter holidays
South Sinai cities and beaches along the gulfs of Suez and Aqaba saw a large turnout of Egyptian holidaymakers over…
Property developer Tatweer Misr to execute 1,000 hotel rooms in IL Monte Galala
Egypt-based property developer Tatweer Misr is planning to implement 1,000 hotel rooms in IL Monte Galala project…
Deutsche Hospitality adds 2 hotels in Egypt to management portfolio
Deutsche Hospitality has extended its portfolio by taking over two more hotels in Egypt. The Taba Hotel and Nelson…
Egypt’s Al Fanar Construction to execute construction works in Hacienda Bay
Egypt’s Al Fanar Contracting, Construction, Trade, Import, and Export Company (FNAR) has signed Sunday a contract…
Red Sea Hotels occupancy to increase to 60% during Christmas
An official at the Ministry of Tourism said that tourism occupancy in the Red Sea governorate is expected to reach…
AccorHotels to launch four hotels in Egypt’s North Coast
AccorHotels Group has signed Wednesday a cooperation agreement with Egypt’s Al Arabia Real Estate and Development…
Paris Hilton to launch luxury hotel chain in Dubai, New York and Las Vegas
At the age of 35, Paris Hilton is continuing to build on a huge empire, and will soon launch a new line of luxury…
Sharm Sheikh, Hurghada hotel performance to shrink by 54% in Q2: report
Colliers International Hotels MENA published Q2 rolling forecast showing that revenues per available room (RevPAR)…
Egyptian Resorts denies granting Pyramisa Sahl Hashesh land
Egyptian for Tourism Resorts (EGTS) denied what was published in newspapers concerning “the company promises to…
Sawiris’s Orascom to inaugurate Gouna and Fayoum hotels in 2016
Egypt-based Orascom Hotels and Development (OHD) is planning to inaugurate both Ancient Sands hotel-El Gouna and…
Egypt’s Al Ahly mulls assigning its 4 new hotels to an int’l company
Egypt’s property developer, Al Ahly For Real Estate Development Company is studying the possibility of assigning…
Two new hotels worth $306mn opened in Egypt’s Sharm El Sheikh
Egyptian investment minister Ashraf Salman inaugurated Friday two hotels in Sharm El Sheikh with total cost…
Egypt ranks Joint-3rd for Attacks on Hotels in 2015
A report by intelligence company IntelCenter has ranked countries internationally by the number of ‘terror attacks’…
Red Sea, South Sinai Hotels Stable On 25 January Anniversary: Official
Occupancy rates for hotels in Hurghada and Sharm El-Sheikh stabilised this week between 50%-60% while declining to…
Egypt’s Amer Group H2 Net Profit up 28%
Egyptian real estate company Amer Group posted a 27.9 percent rise in net profit for the first half of 2014, it…
NBE Encourages Hotels To Shift To Green Energy: Zazou
The Egyptian Minister of Tourism, Hesham Zazou, has discussed with the National Bank of Egypt (NBE) the possible…
Indictors Anticipate Tourism Revival in Winter
A number of experts in the tourism sector affirmed that there reservations at hotels and tourism companies for the…
Hotels In Middle East Log Double Digit Growth In H1
Middle East hoteliers have reported improving occupancy and average room rates (ADR) boosted by double-digit demand…