Occupancy rates in Egyptian hotels exceeded 90%

Egypt’s tourism sector is currently witnessing a tremendous boom, with the number of tourists exceeding 18 million, and tourism revenues increasing by approximately 20 percent during the first nine months of this year to reach US$13.6 billion, while also absorbing the continuous influx of tourists.

The head of the Egyptian Tourism Federation, Hossam al-Shaer, said that hotel occupancy rates have surpassed 90 percent in coastal and beach cities, including Hurghada, Sharm El-Sheikh, and the North Coast, in addition to the governorates of Luxor and Aswan.

He added that the number of tourists visiting Egypt is expected to increase by 20 percent next year, reaching approximately 22 million

Shaer further explained that several measures have been implemented – in cooperation with the Ministry of Tourism and Antiquities, the Cabinet, and other relevant authorities – to address the shortage of hotel rooms.

He pointed out that among these measures is the introduction of holiday home apartments, a newly developed type of hotel accommodation, which includes three different models.

Tourism and hospitality expert Hisham Wahba said that Egypt has a clear goal of reaching 30 million tourists annually, and achieving this number will not be through government efforts alone but through participation from the private sector.