Inside Egypt’s tourism sector

CAIRO – 9 April 2019: Egypt witnessed a rise in tourism revenues during the first half of fiscal year 2018/2019, compared to the same period of 2017/2018, according the Central Bank of Egypt’s (CBE) recent data.

CBE announced that Egypt's revenues from tourism"...

Savills releases Egypt hotel market spotlight

ArabFinance: Savills, the Middle East’s leading real estate services provider, has released its latest research on the Egyptian hotel industry. The Egypt Hotel Market Spotlight highlights that a bounce-back in tourism has sparked significant hotel sector growth. Government-led marketing"...

Major Egyptian tourism markets’ RevPAR to grow by 18% in 2019: Colliers

The major Egyptian tourism markets are forecasted to achieve an 18% growth in revenues per available rooms (RevPAR) in 2019, in comparison to last year, according a recent statement of Colliers International.

Cities"...

IFC ready to invest in Egypt’s hotel development fund

The International Finance Corporation (IFC) expressed its readiness to inject new investment into Egypt’s planned hotel development fund, the COO of the IFC, Stephanie von Friedeburg, said.

Egypt’s"...

Exclusive: Egypt expects double-digit growth in tourism after recording second-fastest rate in North Africa

Egypt expects double-digit growth in its tourism sector this year after it rebound in 2018, as Africa’s third-largest economy presses forward with investment in its transportation and aviation infrastructure, the country’s tourism minister said.

“The"...

Hilton Garden Inn Al Jubail, Designed by Dewan + Architects and Engineers, Opens in Saudi Arabia

The new 133-key Hilton Garden Inn Al Jubail has opened in Saudi Arabia’s commercial centre in Jubail, Dammam. It joins three existing Hilton Garden Inn properties in Saudi Arabia.

Helmed by Dewan Architects"...

WTTC announces Egypt as 2019 Global Champion for Tourism

Egypt’s Minister of Tourism, Rania Al-Mashat, has been awarded a World Travel and Tourism Council (WTTC) Global Champion award at the 2019 Global Summit in Seville, Spain, for her country’s work on promoting tourism resilience.

The"...

Middle East visitors to Egypt to increase by 50% by 2022, ATM report reveals

Arrivals from the Middle East to Egypt are expected to increase by 50% from 1.49 million in 2018 to 2.23 million in 2022, with visitors from Saudi Arabia driving this growth, according to data published ahead of the Arabian Travel Market (ATM) 2019, which takes place at the Dubai World"...

Egypt discusses enhancing tourism cooperation with Spain, Bulgaria

Egypt’s Minister of Tourism Rania Al-Mashat met with the Mayor of Seville Juan Espadas to discuss cooperation in the field of tourism between Egypt and Spain, notably Seville.

The meeting comes on the sidelines"...

Cairo’s flower exhibition colours grey city

With vibrant colours and fresh breeze full of perfumed scents, the Flower Exhibition kicked off a few days ago, invading the pungent smoky weather of Greater Cairo and declaring the start of spring.

Inside one"...