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…
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Hotels
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…
Saudi Project To Boost Religious Tourism
In anticipation of the 15.8 million visitors that are expected to flock to Saudi Arabia for religious tourism by…
Hotels feel impact of Arab Spring
More than a year after the popular risings across the Arab world changed the region's business outlook, hotel…
