Hotels & Resorts News
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Serry Beach Resort to open in Hurghada in 2023
Will welcome seekers of serenity and authenticity on a journey into experiencing the Red Sea like never before.
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Remco incurs EGP 118m consolidated losses in 9M-22; turns profitable in Q3-22
Remco for Tourism Villages Construction suffered consolidated net losses.
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Millennium Hotels Global to operate Nile Developments’ Taycoon Tower at New Capital
The company is working hard to attract foreign investments, accordingly, the state provides all means of support for them.
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Project of the week: Mandarin Oriental Shepheard
The project calls for the restoration of the historic Shepheard Hotel in Cairo, which first opened its doors in 1841.
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Egypt to trade shares in state-possessed hotels once valuation process is done
Global firms are determining the worth of Egypt’s state-possessed hotels before the administration trades shares in these properties.
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Saudi's Al-Sharif group awards $16mln Shepheard Hotel redevelopment contract to SIAC Contracting
$46mln is the estimated cost for the renovation and development of the historic Cairo property.
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Hilton adds second Marsa Alam site
The resort will provide a range of accommodation options across 282 units – from standard guestrooms and beachfront suites to stand-alone villas.
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1,500 more hotel rooms on way to serve visitors to Egypt’s pyramids, Grand Museum
Egypt’s Al-Ahram area real estate development project will add 1,500 hotel rooms to serve visitors to the Grand Museum and the pyramids.
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Egypt’s Maxim Hotels plans to open 20 hotels up to 2025
The Group plans to add 700 rooms in the current year in Cairo, New Administrative Capital and Sharm El Sheikh, and many more abroad.
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Strategic partnership between Pickalbatros hotel group, Booking.com
E-reservations have become imperative for tourism in Hurghada, Sharm El-Sheikh, Marsa Alam and all of Egypt in general.
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Tahrir Complex to be turned into a hotel
The most famous governmental building in Cairo was established in 1948 and was opened in its current form during the reign of King Farouk in 1951.
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Rixos Hotels Egypt bagged a recognition of the booking.com traveller review award 2023
This distinguished award is an annual appreciation program for various hospitality partners with remarkable services, determined by review scores.
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Egypt to offer 30% stake in 7 state-run hotels to GCC funds within 2 months
One of the sources said that TSFE is undergoing the final stage of the pre-IPO evaluation.
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Travco Group to boost hotel capacity in 2023 with EGP 7B in investments
The group will directly finance 60% of the investments, with the remaining to be funded through loans from banks, the CEO revealed.
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Hurghada ranks as 2nd best tourist destination in the Middle East for 2023
Egypt’s capital Cairo came in third place, while the city of Jerusalem came in last. The list also included Qatar, Bahrain, Oman, and Jordan.
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Marsa Alam Airport receives 61 European flights
The flights come from10 European countries, including Germany, Italy, Poland, Czech, the Netherlands, Belgium, Luxembourg among others.
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Marsa Alam Airport receives 1st charter flight from Malpensa Airport
This comes in light of the activation of tourism and air traffic witnessed by the airports of Egyptian tourist cities.
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Egypt allocated LE 4.4 bln investments for Red Sea governorate
The first goal is to provide the largest number of jobs and attract investments, whether local or foreign.
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Qatari company eyes Egypt's Hilton Ramses Hotel
According to Al Sharq Bloomberg, the "United Kuwari Group" submitted an offer to the Arab International Company for Hotels and Tourism, which owns it.
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Ehcaan reviews Sharm El Sheikh Airport upgrade project
The airport's infrastructure has been upgraded significantly and the passenger terminal expanded to accommodate five million travelers a year.