Latest in Highlight

Advertising Area







Latest in


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

Sharm El-Sheikh, Hurghada hotels named touristic hotspots; 45%, 31% forecasted growth respectively: Colliers

Sharm El-Sheikh and Hurghada hotels were named touristic hotspots by Colliers International, with a forecasted growth of 45% and 31% respectively in revenues per available rooms (RevPAR). The surge is a result of an improved security perception and a surge in international leisure demand, according to Colliers’ The MENA Hotel Forecast April 2018 report. On …

Mohamed Samir