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Egypt hotels expect more than 44% occupancy

A report by Colliers International predicts big increases in Egypt's hotels occupancy in Cairo, Alexandria, Sharm El-Sheikh and Hurghada.
© Egypt Business Directory

Colliers International released its hotel forecast for 2021, predicting that Egypt’s occupancy will be more than 44%.

The report predicted 44% for Cairo, which is an increase of more than 60% year on year. And 58% for Alexandria which is a much smaller increase, around 29%.

Other cities like Sharm El-Sheikh and Hurghada can reach an increase of 113% year on year, especially with Russian flights coming back to Egypt.