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Egypt’s hotel market sees average 34% RevPAR growth in Q1 of 2019

Egyptian markets, such as Cairo, Hurghada, Sharm El-Sheikh, and Alexandria, continue to experience strong growth in performance levels, according to the Colliers’ MENA hotel full-year forecast 2019 report. “In the first quarter (Q1) of 2019, these markets saw an average Revenue Per Available Room (RevPAR) growth of 34% compared to the same period last year. …

Daily News Egypt

Egypt’s hotel market sees 42% RevPAR growth in 2018

Egyptian hotels in different governorates, such as Cairo, Hurghada, Sharm El Sheikh, and Alexandria saw an average revenue per available rooms (RevPAR) growth of 42% in 2018 compared to 2017, according to Colliers International’s MENA Hotel Forecast for 2019. Colliers said that Egypt’s hotels RevPAR growth is driven by both average daily rates (ADR) and …

Shaimaa Al-Aees

Places to stay in Egypt

Egypt is a traveller’s delight as it brims with a treasure trove of sights with historical relevance. We look at some of the favourite hotels among the visitors.

Forbes Middle East

4% growth in maritime traffic at Alexandria, Dekheila ports

The maritime traffic to/from the Alexandria Port Authority reached 341 ships in October 2017, compared to 327 ships in October 2016, an increase of 4%, according to a report issued by the authority. The authority manages the Alexandria and El-Dekheila ports. The total volume of traded goods in both ports increased to 4.8m tonnes in …

Daily News Egypt