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Sharm El-Sheikh, Hurghada tourism hotspots in MENA: Colliers International

A forecast conducted by Colliers International for hotels of the Middle East and North Africa (MENA) region, for the three-month period from October to December 2017, has shown that Sharm El-Sheikh and Hurghada are the tourism hotspots of the region in that period. The report mentioned that Sharm El-Sheikh benefitted from higher leisure demand due …

Nihal Samir

Germany confirms killing of two nationals in Hurghada stabbing

Two female German tourists were killed in an attack on a beach resort Friday in Hurghada. The German embassy in Cairo has quoted its foreign ministry in a statement on Saturday morning confirming that the two victims were German nationals. The embassy further stated that its representatives were present at the crime scene. A man …

Amira El-Fekki

Cairo hotel revenues to drop: Colliers International

Although Cairo occupancy rates are forecast to be healthy, a pronounced drop in hotel revenues per available room (RevPAR) is expected as a result of the devaluation of the Egyptian currency in November, according to Colliers International’s “The MENA Hotel Forecasts” February report.

Mohamed Samir

Revenues increase at hotels in Sharm El-Sheikh, Hurghada: Colliers International

Colliers International, a commercial real estate company, published on Thursday its three-month rolling forecast for November until January 2017. The report marked Cairo and Alexandria as tourism hot spots, explaining that Cairo witnessed a 13% increase in revenues per available rooms (RevPAR) because it is a stable corporate tourism destination. The report added that the …

Hisham Salah

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Marsa Matrouh: the city of serenity

  Over the past few days, heat waves have begun to blast Egypt, causing people to suffer heat stroke and exhaustion. Since the beginning of August, the hottest month of the year, people started to escape town and head to the seaside, looking for relaxation. While most citizens head to the North Coast, Hurghada, and …

Daily News Egypt