Tourism – Daily News Egypt https://eklutdvotyzsri.dailynewssegypt.com Egypt’s Only Daily Independent Newspaper In English Tue, 12 Mar 2019 19:55:46 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.1 Egyptian hotel market achieves average 30% RevPAR growth in January https://eklutdvotyzsri.dailynewssegypt.com/2019/03/11/egyptian-hotel-market-achieves-average-30-revpar-growth-in-january/ https://eklutdvotyzsri.dailynewssegypt.com/2019/03/11/egyptian-hotel-market-achieves-average-30-revpar-growth-in-january/#respond Mon, 11 Mar 2019 16:24:03 +0000 https://www.dailynewsegypt.com/?p=692634 Cairo, Sharm El-Sheikh, Hurghada, Alexandria to witness occupancy of 77%, 58%, 68%, 80% respectively

The post Egyptian hotel market achieves average 30% RevPAR growth in January appeared first on Daily News Egypt.

]]>
Egyptian hotel market saw an average revenue per available room (RevPAR) growth of 30% in January, compared to the same period last year, according to Colliers International in its latest MENA Hotels Forecast in February.

Colliers explained that the RevPAR growth was driven by both average daily room rate (ADR) and occupancy rate due to strong corporate, leisure, and MICE activities.

According to the full year forecast 2019, Cairo, Sharm El Sheikh, Hurghada, and Alexandria to witness an occupancy of 77%, 58%, 68%, 80% respectively.

In terms of the RevPAR, Colliers foretasted it to reach $98, $27, $39, $65 respectively in Cairo, Sharm El Sheikh, Hurghada, and Alexandria. 

“The forecasts for the Egyptian markets continues to be strong, the Red Sea resorts are expected to continue benefitting from positive security perceptions and returning of tourists from major source markets,” according to Colliers.

Meanwhile, Colliers stated that the major Egyptian markets are forecasted to see an average RevPAR growth of 13% in 2019 in comparison to last year.

On the other hand, the Saudi markets experienced a drop in RevPAR levels in the first month of 2019 compared to the same period last year.

“New supply announced to enter the Saudi market over the short to medium terms is expected

to put pressure on the occupancy and average daily rates,” Colliers added.

Furthermore, according to Colliers, Abu Dhabi beach and city hotels experienced a RevPAR growth of 6% and 1% respectively in the first month of 2019, compared to the same period last year. The beach hotels in Abu Dhabi are forecasted to seen average RevPAR growth of 2% in 2019 in comparison to last year.

Moreover, Aqaba and Beirut hotel markets also saw a growth in RevPAR levels in January 2019 and these markets are forecasted to see a RevPAR growth of 5% and 3% respectively in 2019 (full year).

Notably, Colliers International Hotels division is a global network of specialist consultants in hotel, resort, marina, golf, leisure, and spa sectors, dedicated to providing strategic advisory services to owners, developers, and government institutions to extract best values from projects and assets.

The post Egyptian hotel market achieves average 30% RevPAR growth in January appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/03/11/egyptian-hotel-market-achieves-average-30-revpar-growth-in-january/feed/ 0
Egypt, Germany discuss boosting tourism cooperation https://eklutdvotyzsri.dailynewssegypt.com/2019/03/10/egypt-germany-discuss-boosting-tourism-cooperation/ https://eklutdvotyzsri.dailynewssegypt.com/2019/03/10/egypt-germany-discuss-boosting-tourism-cooperation/#respond Sun, 10 Mar 2019 16:53:20 +0000 https://www.dailynewsegypt.com/?p=692455 Al-Mashat called for Germany to match Egypt with competing tourist destinations regarding tax levied on German tourists departing to these destinations

The post Egypt, Germany discuss boosting tourism cooperation appeared first on Daily News Egypt.

]]>
Egypt’s Minister of Tourism, Rania Al-Mashat, called for matching Egypt with competing tourist destinations in terms of of the tax imposed on German tourists departing to these destinations, which is determined by the German government on geographical basis.

The minister’s request came during her meeting with the German Deputy Minister of Economy, Energy and Tourism, and the chairperson of the Tourism Committee of the ruling party in Germany, and the chairperson of the German Bundestag Tourism Committee, in the presence of the Egyptian ambassador to Germany on the sidelines of the ITB Berlin activities that took place from 6 to 10 March.

During the meeting, the minister highlighted the depth of the relations between Egypt and Germany and the cooperation between the two countries in all fields. She pointed out that the German market comes at the head of tourist markets exporting tourism to Egypt, stressing that Egypt always welcomes German tourists.

“German tourists arriving to Egypt in June 2017 achieved standard rates which reached 148%, compared to 2016. While the number of German tourists to Egypt reached 90,000, who spent 781,000 tourist nights with an increase of 200%,” according to the State Information System data.

“In the first half of 2017, about 503,000 tourists arrived from Germany with an increase of 66% compared to the same period in 2016. They spent 5.1m tourist nights with an increase of 124%. Germany became at the top in tourist market of Egypt on European and international scales,” it continued.

For his part, the Chairperson of the Tourism Committee of the ruling party in Germany, Paul Lehriehder, stated that he will push the talkers in the German government regarding matching Egypt with the rest of the competing tourist destinations in terms of the tax imposed on the German tourists departing to Egypt.

He also praised the cooperation and political rapprochement between the two countries, stressing the support of the German government for the tourism sector in Egypt, especially for its importance in creating jobs.

The post Egypt, Germany discuss boosting tourism cooperation appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/03/10/egypt-germany-discuss-boosting-tourism-cooperation/feed/ 0
Egypt, Beautiful Destinations sign cooperation protocol to promote tourism https://eklutdvotyzsri.dailynewssegypt.com/2019/03/09/egypt-beautiful-destinations-sign-cooperation-protocol-to-promote-tourism/ https://eklutdvotyzsri.dailynewssegypt.com/2019/03/09/egypt-beautiful-destinations-sign-cooperation-protocol-to-promote-tourism/#respond Sat, 09 Mar 2019 20:58:04 +0000 https://www.dailynewsegypt.com/?p=692400 Egypt, Cyprus, Greece discuss boosting tourism cooperation

The post Egypt, Beautiful Destinations sign cooperation protocol to promote tourism appeared first on Daily News Egypt.

]]>
The Chairperson of the Egyptian Tourism Authority, Ahmed Youssef, signed a cooperation protocol with Jeremy Jauncey, the founder and CEO of Beautiful Destinations, with the aim of promoting tourism to Egypt.

The protocol stipulates the preparation of the strategy which will be used in preparing and shooting the promotional content of marketing to Egypt worldwide, as well as executing over 40 promotional and marketing content for various tourist areas in Egypt.

The Minister of Tourism, Rania Al-Mashat, witnessed the signing ceremony during the ITB Berlin activities, which is taking place during the period from 6 to 10 March.

For her part, Al-Mashat highlighted the importance of this protocol in updating and modernising the ways and techniques of promoting tourism, which is a main pillar in the national structural reform programme for the tourism sector.

She mentioned that the traditional ways for promoting tourism have become ineffective and useless, explaining that social networking websites now have a stronger impact on youth.

Al-Mashat added that this partnership came after holding intensive meetings with the company, during which she presented a detailed view for the ministry’s target to the company, in view of the structural reform programme.

Furthermore, she also noted that the ministry targets to shed light on tourist areas that are unknown to tourists, thus Beautiful Destinations will help the ministry in achieving this target as it is specialised in promoting tourism using modern and non-traditional marketing mechanisms through electronic platforms.

For his part, the Founder and CEO of Beautiful Destinations expressed his happiness by this partnership, noting that his company is considered as one of the largest companies worldwide specialised in promoting tourism, explaining that 20 million people from more than 180 countries visit the company’s page on Instagram, Facebook, Snapchat, YouTube, and Weibo. 

Jauncey added that his company believes in the importance of tourism as an engine for countries’ economic development, mentioning that the company is committed toward implementing the concepts of sustainable development in line with the vision of the Egyptian Ministry of Tourism.

On the other hand, during the participation of Egypt in the ITB Berlin activities, the minister of tourism met with her Greek and Cypriot counterparts, Elena Kountoura and Savvas Perdios respectively, with the aim of discussing ways to enhance the cooperation in the tourism field.

During the meeting, they discussed reinforcing the trilateral cooperation and agreed on forming task forces from both the governmental and private sectors in order to create joint tourist schemes with the aim of attracting more tourists.

Moreover, they also agreed that the three countries will participate in international exhibitions specialised in cruise tourism during the coming period, such as the Posidonia Maritime Transport Exhibition.

Finally, the three ministers praised the political and economic relations binding the three countries, expressing their keenness to increase cooperation in tourism among them.

The post Egypt, Beautiful Destinations sign cooperation protocol to promote tourism appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/03/09/egypt-beautiful-destinations-sign-cooperation-protocol-to-promote-tourism/feed/ 0
Ukraine to launch first flight to Alamain soon: ambassador https://eklutdvotyzsri.dailynewssegypt.com/2019/02/26/ukraine-to-launch-first-flight-to-alamain-soon-ambassador/ https://eklutdvotyzsri.dailynewssegypt.com/2019/02/26/ukraine-to-launch-first-flight-to-alamain-soon-ambassador/#respond Tue, 26 Feb 2019 18:06:33 +0000 https://www.dailynewsegypt.com/?p=691241 ‘110 flights between Ukrainian, Egyptian cities,’ says Latii

The post Ukraine to launch first flight to Alamain soon: ambassador appeared first on Daily News Egypt.

]]>
The Ukrainian ambassador to Egypt, Hennadii Latii, announced launching the first flight from Ukraine to the Al Alamain International Airport soon.

During his meeting with the Egyptian Minister of Tourism, Rania Al-Mashat, Latii said that there are 110 flights between the Ukrainian and Egyptian cities.

The Al Alamain International Airport is one of two airports that serve the New Al Alamain City.

Both sides discussed means for enhancing cooperation in the field of tourism and increasing the tourist influx from the Ukrainian market.

Latii stressed his country’s interest in cooperation with Egypt in the political, economic, and tourism fields, pointing out that the Ukrainian people know a lot about Egypt and have a great desire to visit it and learn about its civilization.

For her part, Al-Mashat assured the depth of the Egyptian-Ukrainian relations in many fields, including tourism.


She added that the Ukrainian market is one of the most promising markets for Egyptian tourism, ranking second among top ten tourist exporter countries to Egypt in 2018.

The minister also discussed with Latii the promotion and activation of the structural reform programme for the development of the sector, which includes targeting new tourist markets through which the ministry will diversify the target tourist markets.

At the end of the meeting, the ambassador invited Al-Mashat to visit Ukraine to exchange information and discuss ways for boosting bilateral cooperation to promote the Egyptian tourism.

The post Ukraine to launch first flight to Alamain soon: ambassador appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/02/26/ukraine-to-launch-first-flight-to-alamain-soon-ambassador/feed/ 0
Direct flights between Cairo, Warsaw to reach 5 per week by next year: Polish ambassador https://eklutdvotyzsri.dailynewssegypt.com/2019/02/25/direct-flights-between-cairo-warsaw-to-reach-5-per-week-by-next-year-polish-ambassador/ https://eklutdvotyzsri.dailynewssegypt.com/2019/02/25/direct-flights-between-cairo-warsaw-to-reach-5-per-week-by-next-year-polish-ambassador/#respond Mon, 25 Feb 2019 21:19:22 +0000 https://www.dailynewsegypt.com/?p=691096 Egypt, Poland discuss ways to boost Polish tourism movement to Egypt

The post Direct flights between Cairo, Warsaw to reach 5 per week by next year: Polish ambassador appeared first on Daily News Egypt.

]]>
The ambassador of Poland to Cairo, Michal labenda, stated that the direct flights between Cairo and Warsaw will increase by the winter of 2020, reaching five flights weekly, instead of only four.

He mentioned that there are already charter flights from different Polish cities to Sharm el-Sheikh and Hurghada.

His remarks came during his meeting with the chairperson of the Egyptian Tourism Promotion Authority, Ahmed Youssef.

During the meeting, the two sides discussed enhancing the joint cooperation in the field of tourism, reviewing the ways to boost the Polish tourism movement to Egypt.

For his part, the Polish ambassador expressed his optimism about increasing the Polish tourism movement to Egypt during the next period, stressing the need to work hand in hand with the Egyptian side in order to revive the polish tourism movement in Egypt, in order to reach the level before the downturn in 2011 after the 25 January Revolution.

In that context, Youssef assured the importance of the Polish market for the Egyptian tourism, noting that it was one of the most important countries with a high number of tourists visiting Egypt in 2010, hoping for the number of Polish tourists coming to Egypt to increase during the next period.

“Egypt was one of the most important tourist destinations for Polish tourists, ranking fifth among the world in the list of countries with the highest number of tourists visiting Egypt,” according to the State Information Service.

“Moreover, the number of Polish tourists in 2015 exceeded 300,000, making Egypt’s share in the Polish tourism market ranging between 35% and 45%,” the State Information Service’s data declared.


During the meeting, Youssef stressed on the ministry of tourism’s determination to diversify the tourist markets which contribute to the Egyptian tourism sector, and to also use modern promotional mechanisms to increase the rates of tourists coming from the Polish market.

Moreover, He also assured the ministry’s keenness to introduce the distinguished Egyptian touristic destinations to the tourists coming from Poland.

The post Direct flights between Cairo, Warsaw to reach 5 per week by next year: Polish ambassador appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/02/25/direct-flights-between-cairo-warsaw-to-reach-5-per-week-by-next-year-polish-ambassador/feed/ 0
Sharm El Sheikh’s hotel occupancy to grow by 7% in FY 2019: Colliers https://eklutdvotyzsri.dailynewssegypt.com/2019/02/25/sharm-el-sheikhs-hotel-occupancy-to-grow-by-7-in-fy-2019-colliers/ https://eklutdvotyzsri.dailynewssegypt.com/2019/02/25/sharm-el-sheikhs-hotel-occupancy-to-grow-by-7-in-fy-2019-colliers/#respond Mon, 25 Feb 2019 21:00:03 +0000 https://www.dailynewsegypt.com/?p=691108 Hurghada, Alexandria to see 9% improvement in ADR in FY 2019 over 2018

The post Sharm El Sheikh’s hotel occupancy to grow by 7% in FY 2019: Colliers appeared first on Daily News Egypt.

]]>
“Sharm El Sheikh is expected to obtain the highest growth in occupancy (7%), while Hurghada and Alexandria are both expected to see a 9% improvement in average daily rate (ADR) in fiscal year (FY) 2019 over FY 2018,” according to Colliers International MENA 2018 full year review report.

Concerning the Egyptian hotels’ performance in 2018, the report stated that the FY 2018 was the second year in a row with improved performance for each market in Egypt.

“Occupancy rate for hotels in Sharm El Sheikh and Hurghada increased by 22%, and 26% respectively in 2018, with expectations for Hurgahda’s hotel occupancy rate to grow by 5% in 2019,” Colliers stated.

It explained that Cairo’s hotels’ occupancy rate increased by 10% in FY 2018, compared to FY 2017, while in 2019, it is expected to increase by 4%.

Meanwhile, “Alexandria’s hotels’ occupancy rate hiked by 11% in FY 2018, with expectations to grow by 3% in FY 2019,” Colliers added.

In terms of the ADR, Colliers mentioned that Cairo’s hotels’ ADR witnessed an improvement by 13% in FY 2018, forecasting that it will witness a 5% improvement in FY 2019.

Moreover, “The hotels’ ADR in Alexandria, Sharm El Sheikh, and Hurghada witnessed a 15%, 25%,25% improvement in FY 2018,” Colliers revealed.

It also said that Sharm El Sheikh is forecasted to see a growth in the ADR by 6% in FY 2019.

Meanwhile, Colliers stated that the Egyptian hotel market is to expand its key supply by 2% annually between 2019 and 2021.

“A 6.7% increase was witnessed in Alexandria’s hotels’ supply in FY 2018, compared to FY 2017. In terms of Cairo, it witnessed only a 5.7% increase in its hotels’ supply,” according to Colliers.

Notably, the report highlights the percentage change in branded supply from FY 2017 to FY 2018, in each of the respective markets analysed in the sector.

Talking about the MENA region, Colliers stated that new brands launched in the MENA market in 2018 ranged from luxury to budget, pointing out that these new brands help diversify a market that has been criticised for its focus on the luxury and upscale segments in previous years.

The post Sharm El Sheikh’s hotel occupancy to grow by 7% in FY 2019: Colliers appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/02/25/sharm-el-sheikhs-hotel-occupancy-to-grow-by-7-in-fy-2019-colliers/feed/ 0
Egypt one of most important tourist destinations for Czechs: Czech Minister of Tourism https://eklutdvotyzsri.dailynewssegypt.com/2019/02/24/egypt-one-of-most-important-tourist-destinations-for-czechs-czech-minister-of-tourism/ https://eklutdvotyzsri.dailynewssegypt.com/2019/02/24/egypt-one-of-most-important-tourist-destinations-for-czechs-czech-minister-of-tourism/#respond Sun, 24 Feb 2019 17:07:13 +0000 https://www.dailynewsegypt.com/?p=690925 Number of Czechs tourists rose to 203,000 in 2017, up from 90,000 in 2016

The post Egypt one of most important tourist destinations for Czechs: Czech Minister of Tourism appeared first on Daily News Egypt.

]]>
“Egypt has become the most important tourist destination for the Czech Republic, after Croatia and Greece, especially in the beach tourism,” said the Czech’s Minister for Regional Development, Klára Dostálová.

She explained that there is a great increase in the Czech tourism movement to Egypt.

Her remarks came during the opening of the Egyptian pavilion at the Holiday World 2019, which is Prague’s international exhibition for tourism.

“The Prague international exhibition is one of the biggest professional and public exhibitions in the Czech Republic, as well as in Central and Eastern Europe. It is held annually on an area of 18,800 sqm and is attended by about 634 exhibitors from more than 45 countries in the world,” according to the State Information Service.

On the side-lines of the exhibition, Mohamed Hendam, Egypt’s ambassador to the Czech Republic, held an extensive meeting with representatives of tour operators from Egyptian companies to review the developments of Egyptian tourism and their proposals on increasing the number of Czech tourists to Egypt, as the international tourism fair this year witnessed a diversity in the Egyptian tourist product offered.

“Concerning the number of Czech tourists to Egypt, the number of tourists has risen to 203,000 tourists in 2017, up from 90,000 tourists in 2016, an increase of 125%,” according to the State Information Service.

The post Egypt one of most important tourist destinations for Czechs: Czech Minister of Tourism appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/02/24/egypt-one-of-most-important-tourist-destinations-for-czechs-czech-minister-of-tourism/feed/ 0
ETF’s elections first step in legislative reform: Al-Mashat https://eklutdvotyzsri.dailynewssegypt.com/2019/02/19/etfs-elections-first-step-in-legislative-reform-al-mashat/ https://eklutdvotyzsri.dailynewssegypt.com/2019/02/19/etfs-elections-first-step-in-legislative-reform-al-mashat/#respond Tue, 19 Feb 2019 19:54:56 +0000 https://www.dailynewsegypt.com/?p=690416 Federation currently working on restructuring its departments, says president of ETF

The post ETF’s elections first step in legislative reform: Al-Mashat appeared first on Daily News Egypt.

]]>
The Minister of Tourism, Rania Al-Mashat, stated that the Egyptian Tourism Federation’s (ETF) elections is the first step in the legislative reform.

She added that the elections’ file was topping the ministry’s priorities during the last period, noting that she has confirmed more than once that after the execution of the ETF’s and the five tourist chambers elections, the first pillar of the legislative reform programme would be achieved. The elections would mark the sector’s first time in more than three years, to elect councils which represent it and express its demands.

Al-Mashat’s remarks came on Monday night during the first press conference to be held with the federation after the elections, declaring the joint work plan during the coming period.

During the conference, the minister reviewed the five axes of the structural reform programme for the development of the tourism sector, which was launched by the ministry last November.

In that context, the minister stated to Daily News Egypt that the structural reform programme includes different pillars, such as institutional reforms, legislative reforms, promotion and marketing activities, infrastructural and tourism development, as well as the global trends programme.


During the conference, she stressed the role of the ETF and its chambers in achieving the axes of this programme, especially with regard to the legislative reforms necessary for the laws and regulations governing the tourism sector, which were issued more than forty years ago without any change.

Furthermore, the minister also pointed to the continuous coordination and cooperation between the ministry and the committee of tourism and civil aviation in the Egyptian House of Representatives to promote this vital sector.

Al-Mashat concluded that the ministry seeks to make use of the recent growth in tourism through solving the problems facing this vital field, and improving the skills of tourism staff.

For his part, Ahmed Al-Waseef, the newly elected ETF president stated that the federation is currently working on restructuring its departments, praising the role of the minister of tourism in holding the elections of the federation and its five chambers, which was the first demand of the tourism sector.

The post ETF’s elections first step in legislative reform: Al-Mashat appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/02/19/etfs-elections-first-step-in-legislative-reform-al-mashat/feed/ 0
Egypt, China discuss enhancing bilateral tourism relations https://eklutdvotyzsri.dailynewssegypt.com/2019/02/16/egypt-china-discuss-enhancing-bilateral-tourism-relations/ https://eklutdvotyzsri.dailynewssegypt.com/2019/02/16/egypt-china-discuss-enhancing-bilateral-tourism-relations/#respond Sat, 16 Feb 2019 17:54:15 +0000 https://www.dailynewsegypt.com/?p=690023 Only shortcoming which Egyptian-Chinese tourism relations face is absence of controls for price reductions, says former tourism adviser at ministry

The post Egypt, China discuss enhancing bilateral tourism relations appeared first on Daily News Egypt.

]]>
On behalf of the Minister of Tourism, Rania Al-Mashat, the Tourism Adviser at the ministry of tourism, Soha Bahgat, discussed with a Chinese delegation headed by the deputy governor of Sichuan province, the aspects of the cooperation between the two countries in the tourism field. This came after the operation of a new direct flight between the two countries, and after receiving the first Chinese flights from Sichuan province to Cairo, which is expected to attract more Chinese tourists.

During the meeting, Bahgat stressed the importance of the Chinese market as one of the most promising tourism markets, assuring that the state is aiming to attract more Chinese tourists to Egypt.

In that context, Al-Mashat told Daily News Egypt (DNE) earlier that the ministry aims to diversify the revenue streams and increase the sector’s resilience by attracting new markets. She explained that this could be achieved through increasing promotional efforts in new source markets, including Asia (particularly China).

She also revealed that during the period from January to October 2018, Asian tourists represented 5.62% of the total number of tourists who visited Egypt during that period.

For his part, the governor of China’s Sichuan province expressed his country’s aspiration for further cultural and touristic cooperation with Egypt.

Talking about the Egyptian-Chinese tourism relations, Sameh Saad, the former tourism adviser at the ministry of tourism, stated that there are no accurate statistics on Chinese tourism in Egypt, but he thinks that it doubled in the last period, giving the reason behind the increase as the exchange of visits between both presidents.

He continued that the only shortcoming which the Egyptian-Chinese tourism relations face is the absence of controls for price reductions for hotels, and tourism operators, etc.

Agreeing with Saad, the former Head of International Tourism at the Tourism Promotion Authority, Ahmed Shoukry, told DNE that the number of Chinese tourists is increasing, assuring that Egypt needs to increase the capacity of the direct flights between Egypt and China, as the Chinese market is a very beneficial market for Egypt.

He explained that Chinese tourism in Egypt is represented by two segments, the first one is purely tourism segment which comes to enjoy the cultural tourism in Egypt, while the second segment which visits Egypt with a business purpose.

Moreover, Saad noted that the average spending of the first type is much lower than the second one, thus he assured that Egypt should exploit the presence of the latter type as it aims to increase investments and the tourism revenues in Egypt, which will subsequently enhance the Egyptian economy.

The post Egypt, China discuss enhancing bilateral tourism relations appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/02/16/egypt-china-discuss-enhancing-bilateral-tourism-relations/feed/ 0
Egypt’s hotel market sees 42% RevPAR growth in 2018 https://eklutdvotyzsri.dailynewssegypt.com/2019/02/11/egypts-hotel-market-sees-42-revpar-growth-in-2018/ https://eklutdvotyzsri.dailynewssegypt.com/2019/02/11/egypts-hotel-market-sees-42-revpar-growth-in-2018/#respond Mon, 11 Feb 2019 21:18:17 +0000 https://www.dailynewsegypt.com/?p=689612 Egyptian hotels in different governorates, such as Cairo, Hurghada, Sharm El Sheikh, and Alexandria saw an average revenue per available rooms (RevPAR) growth of 42% in 2018 compared to 2017, according to Colliers International’s MENA Hotel Forecast for 2019. Colliers said that Egypt’s hotels RevPAR growth is driven by both average daily rates (ADR) and …

The post Egypt’s hotel market sees 42% RevPAR growth in 2018 appeared first on Daily News Egypt.

]]>
Egyptian hotels in different governorates, such as Cairo, Hurghada, Sharm El Sheikh, and Alexandria saw an average revenue per available rooms (RevPAR) growth of 42% in 2018 compared to 2017, according to Colliers International’s MENA Hotel Forecast for 2019.

Colliers said that Egypt’s hotels RevPAR growth is driven by both average daily rates (ADR) and occupancy due to strong corporate, leisure, and MICE activity (meetings, incentives, conventions, and events).

The report’s forecast for the Egyptian market continues to be strong. The Red Sea resorts are expected to continue benefitting from positive security perceptions and returning of tourists from major source markets. The major Egyptian markets are forecasted to see an average RevPAR growth of 11% in 2019 in comparison to last year.

According to the report, Cairo hotels is projected to achieve 9% growth in RevPAR Year-over-Year (Y-o-Y) and estimated occupancy at 77% with $128 ADR and $98 RevPAR, while Sharm El Sheikh hotels’ RevPAR forecast worth $27 with 12% growth in RevPAR Y-o-Y and predicted that occupancy will reach 58% for the full year forecast.

The report elaborated that Hurghada hotels will achieve 13% growth in RevPAR Y-o-Y and 68% occupancy rates, meanwhile the report expected that Alexandria hotel market will register 81% occupancy rates with 10% growth in RevPAR Y-o-Y.

“Amongst the Saudi market, hotels in Jeddah achieved higher performance levels (9% increase in RevPAR) in 2018 in comparison to 2017, mostly driven by the ADR. New supply will enter the Saudi market over the short to medium term, this is expected to put pressure on the occupancy and average daily rates. Jeddah hotel market is forecasted to see an average RevPAR growth of 3% in 2019 in comparison to last year,” the report read.

Dubai’s hotel market is experiencing growing demand from price-sensitive source markets resulting in a drop in average daily rates, adversely impacting RevPAR. The market is forecasted to see similar performance trends in 2019 in comparison to last year, the report noted.

It also highlighted that Abu Dhabi beach hotels experienced relatively stable performance levels in 2018 with an increase in occupancy. The beach hotels in Abu Dhabi are forecasted to see an average RevPAR growth of 1% in 2019 in comparison to last year.

The post Egypt’s hotel market sees 42% RevPAR growth in 2018 appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/02/11/egypts-hotel-market-sees-42-revpar-growth-in-2018/feed/ 0
Private equity fund to revitalise financially impaired hotels, says Al-Mashat https://eklutdvotyzsri.dailynewssegypt.com/2019/01/29/private-equity-fund-to-revitalise-financially-impaired-hotels-says-al-mashat/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/29/private-equity-fund-to-revitalise-financially-impaired-hotels-says-al-mashat/#respond Tue, 29 Jan 2019 17:20:53 +0000 https://www.dailynewsegypt.com/?p=688370 Tourism Ministry coordinates with Egyptian banks to restructure sector’s debts

The post Private equity fund to revitalise financially impaired hotels, says Al-Mashat appeared first on Daily News Egypt.

]]>
The Minister of Tourism, Rania Al-Mashat, informed Daily News Egypt that the private equity fund aims to restructure the financially impaired hotels and the other tourism establishments through launching a hotel development fund to provide them with capital, which enables the ministry to conduct the necessary investments.

She added that her ministry is coordinating with experts to manage the hotel development fund, while cooperating with Egyptian banks with the purpose of restructuring the debts incurred from the tourism sector’s establishments.

Al-Mashat announced last November that the government plans to establish a new private equity fund in order to upgrade Egypt’s hotels as well as to provide new investment opportunities in the sector.

In terms of the government’s plans which aim to develop the tourism sector, the minister noted that there is a structural reform programme which includes different pillars, such as institutional and legislative reforms, promotion and marketing activities, infrastructural and tourism development, as well as the global trends programme.

Al-Mashat pointed out that the ministry is planning to set a strategy for sustainable tourism development until 2030, which aims to diversify Egypt’s tourism product, increases the number of tourists’ nights in the country, as well as creates direct and indirect employment with the community’s integration.

The tourism sector in Egypt has suffered a downturn since the 25 January Revolution in 2011, and also after a Russian passenger plane crashed in Sinai in late October 2015 and all its passengers were killed. Yet, since 2018, the sector began to revitalise again, regaining its previous position.

The post Private equity fund to revitalise financially impaired hotels, says Al-Mashat appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/29/private-equity-fund-to-revitalise-financially-impaired-hotels-says-al-mashat/feed/ 0
2019: Getting over challenges and eyeing more opportunities https://eklutdvotyzsri.dailynewssegypt.com/2019/01/28/2019-getting-over-challenges-and-eyeing-more-opportunities/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/28/2019-getting-over-challenges-and-eyeing-more-opportunities/#respond Mon, 28 Jan 2019 09:30:07 +0000 https://www.dailynewsegypt.com/?p=688168 Tourism industry aspires to go beyond ‘usual goals’, eyes new markets

The post 2019: Getting over challenges and eyeing more opportunities appeared first on Daily News Egypt.

]]>
The tourism industry in Egypt has been full of ups and downs since the 2011 Revolution. The sector in Egypt suffered a devastating blow, especially when a Russian passenger plane crashed in Sinai in late October 2015 and all its passengers were killed.

Notably, following the plane crash, Russia imposed a travel ban on Egypt, while the UK suspended all flights to Sharm El-Sheikh amid concerns over the airport’s security measures, banning travel to Sinai.

In January 2018, the Russian government gave permission for flights to resume to Egypt after a two-year hiatus, and Russian flights returned to Cairo in April. On the other hand, the UK is still imposing bans on travel to Sinai, and hence tourism to Sharm El-Sheikh is very limited.

However, although Russian tourists have not returned to Egypt until now, Egyptian tourism has recovered some of its revenues in the past year.

The markets of Germany and some countries of Eastern Europe, in addition to Italy and China have compensated part of the absence of Russian tourists.

Currently, tourism is recovering demonstrating that earlier, Minister of Tourism, Rania-Al-Mashat, said that the number of tourists to Egypt increased by 40% during the first nine months of 2018 (9M18), compared to the same period last year.

Thus, Daily News Egypt decided to dig further into the expectations of the tourism sector in 2019.

Furthermore, DNE decided to explore the discovery that it is expected to continue its recovery amid promising expectation for removing the European travel ban to Sharm El Shaeikh.

Moreover, experts argue that despite recently suffering from a terrorist bus attack, which claimed the lives of three tourists and one Egyptian individual, plans for the new year are still on-going and tourists are still arriving in Egypt to enjoy the end of year celebrations. 

For his part, Adel abdel Razek, former vice president of the Federation of Tourist Chambers told DNE that tourism in Egypt was not impacted from this incident, noting that maybe there is a small effect on the number of the Vietnamese tourists coming to Egypt, adding that this effect will soon disappear.

Experts argue that 2019 will witness great growth in Tourism sector

abdel Razek stated that Egypt’s revenues from tourism in the period from January 2011 to December 2017 were meagre, compared to the name of Egypt and the tourism of Egypt, noting that by the beginning of 2018 tourism began to recover.

I think now is the opportunity for tourism to return strongly in 2019, especially after the       

Russian tourists who visit Egypt by way of Turkey or Israel,” he continued.

He said that the revenues of tourists used to achieve a growth of over 17% during each year in the period from 2006 to 2010.

But now with all the efforts  that were witnessed in the tourism sector in Egypt, I expect that tourism revenues will witness at least 25% increase in 2019,” abdel Razek expected

He mentioned that tourism revenues will significantly contribute to Egypt’s foreign exchange (FX) reserves, anticipating that tourism revenues might contribute in 2019 with $10bn.

abdel Razek forecasted that tourism revenues might top the revenues of Suez Canal and also might approach the revenues which come from the workers’ remittances, which are the main source of revenues in Egypt.

Furthermore, abdel Razek’s promising forecast for tourism also included tourism revenues representing 12% of Egypt’s GDP, pointing out that at least 15% of Egyptians work in the tourism sector.

Agreeing with abdel Razek, Hesham El Damery, the retiring president of the Tourism Promotion Board Authority, stated that he also expects a growth in Egypt’s revenues from tourism in 2019, anticipating only 25% increase in them in 2019, noting that he expects that the number of tourists that will visit Egypt in 2019 will hike by about 18% or 20% in case the Russian travel ban on Sharm EL Sheikh was not removed.

“2019 is expected to witness a healthy growth in terms of tourism contribution to the GDP. According to WTTC and IMF, it’s forecasted to reach EGP 555bn by year-end, signifying an approximate 21% increase from 2018,” Christopher Lund, head of Hotels at Colliers International MENA told DNE.

Meanwhile, Magdi Benoudi, a tourist expert, told DNE that he expects about 30% hike in the number of tourists that will visit Egypt in 2019, leading to a growth in tourism revenues by about 30% also in 2019.

What are the reasons behind this growth and the hotspots areas in 2019?

After learning about the expected growth in tourism, it’s time to know what are the reasons behind this growth and what are the hotspot areas in 2019.

Concerning the reasons behind this growth, experts argue that the political stability witnessed in the country, the increase in hotel prices, in addition to Egypt hosting several events this year, the most prominent of which is the African Cup for football.

In that term the retiring president of the Tourism Promotion Board explained that Egypt currently has good relations with all countries, in addition to the stability in the political situation, and the security.

Concerning the other reason of raising the hotels prices, the former head of Egyptian Tourism Federation, Elhamy Al-Zayat, explained that most of the hotels, especially in Luxor, Aswan and Cairo, raised their prices, which is a very healthy sign regarding tourism revenues.

Along the same lines, Benoudi elaborated that during the seven years after the revolution, the cost of the all-inclusive day in a double room was between $10 and $12, which was very cheap.

He continued that starting from late December 2018, the all-inclusive double room cost reached between $17 and $20, thus Egypt began to return back by 70% to the old hotel prices that was witnessed in 2010.

Al-Zayat noted that what is happening now in Paris also helped in increasing tourism in Egypt as most Arabs returned back to Egypt.

Notably, the French people are protesting against a proposal to raise fuel taxes, but it has since developed into an expression of general anger over the high living costs and a particular discontent with French President Emmanuel Macron, thus lead Macron to decide to halt the rise in fuels tax, however the protester’s anger did not stop until now

Talking about hotspots, Al-Zayat noted that Cairo will be the biggest in terms of revenues due to hosting a lot of conferences in Cairo’s hotels.

Agreeing with Al-Zayat, the Head of Hotels at Colliers International MENA, Christopher Lund said that Cairo is expected to remain a hotspot driven by cultural tourism, and is likely to gain a further boost in these types of visits off the back of increased marketing endeavours by tourism authorities.

“We also expect further growth in tourism demand for trips to coastal destinations. The increased popularity in sports tourism, especially for water-based activities, is bringing renewed life to Egypt’s coastal destinations, despite the absence of traditional source markets such as the UK and Russian visitors. Marsa Alam is one of the key destinations that is benefiting from this type of tourism,” Lund added.

Experts ensure that Egypt has to diversify its touristic base amid promising expectations for removing the Russian travel ban to Sharm El Sheikh

The touristic map or the touristic base is an expression that means the nationalities that top the visitors to Egypt. DNE dug into that matter to learn if the Russian and UK travel ban changed the touristic base or not for Egypt and how it will be in 2019.

 The former head of Egypt’s Federation of Tourism Chambers told DNE that before the 2011 Revolution, Russian tourists were ranked number one in the touristic map of Egypt, followed by British and German tourists.

El-Zayat said that the revenues of Russian tourism to Egypt before the 2011 Revolution stood at about EGP 3m, while the British tourism revenues reached about EGP 1.5bn.

He continued that after imposing the Russian and UK travel ban to Sharm El Sheikh, the tourism sector suffered the most.

Thus it led DNE to ask about the expectations about removing the travel ban to Sharm El sheikh,  by stating to El-Zayat that many people think that when Russia removes the travel ban to Sharm El sheikh the UK will automatically remove also its ban, he stated that this is not true, explaining that English people are facing serious internal problems, so it’s not in their current interest to remove the ban.

He continued that the Russian case is different as they were here presently on an inspection trip  for Hurghada and Sharm El Sheikh airports and they approved Hurgahda airport but they still did not write their report.

Talking about the expected touristic map in 2019, El- Zayat stated that it might include the US, Canada, South America, Japan, Arab countries especially from the Gulf area.

El-Zayat noted that it’s very important to diversify Egypt’s touristic base, noting that this year, Egypt is celebrating the 150th anniversary for the opening of Suez Canal and that on that occasion Egypt is hosting a French exhibition that is about Ferdinand de Lesseps and the nationalisation of the Suez Canal, thus this exhibition will create new visitors to Ismailia and Port Saeed.

Agreeing with El-Zayat, El-Shamy stated that Egypt must diverse its touristic base, stating that through this diversity when any travel ban is imposed, Egypt’s tourism operations will not be affected as it has a different tourists from various countries.

He expected the entrance of new nationalities into Egypt in 2019, explaining that Egypt should not wait until the removal of the travel ban.

On the other hand, abdel Razek expected the return of the Russian Flights to Sharm El Sheikh, due attesting that Russians are very eager for trips to Sharm El Sheikh as they suffer from the freezing cold atmosphere in their country.

He continued that he expected that the top visitors to Egypt in 2019 will be coming from Russia, Germany, followed by England in addition to Eastern Europe.

Disagreeing with all the above experts, El Damary did not expect the removal of the Russian travel ban, seeing an opportunity from this ban in attracting new nationalities to come and visit Egypt.

El Damary explained that since 2015, Egypt began to attract non-traditional markets, including people from Ukraine, and Poland.

He continued that there are now also new markets which began to enter Egypt such as Serbia, Bulgaria, in addition to Korea, China, India, and Malaysia, noting that before 2014, only four markets which are Russia, Germany, England, and Italy were representing more than 75% of the annual tourism revenues of Egypt.

Furthermore, El Damary discussed benefitting turning every obstacle into an opportunity, thus he saw in the travel ban as an advantage. He explained that the average tourism spending in the last two years increased as the touristic base in Egypt changed, elaborating that the average spending of the Russian tourist is low, but now after the travel ban, Egypt witnessed visitors from US, the Gulf, and the Asian markets whose average spending is much higher than the Russian.

He expects that the German people will top the visitors to Egypt.

“Germany remains the largest external source market for Egypt and is forecasted to reach 1.5 million tourists by year-end, according to BMI statistics. The second biggest source market is Russia which accounted for 971,000 tourists in 2018.” Lund shared the same opinion as that of El Damary.

“We understand there is an on-going discussion regarding the resumption of UK and Russian flights to Sharm El Sheikh. The successful return of flights from Moscow to Cairo last year was viewed as a positive development. Obviously, it’s impossible to predict if flights from UK and Russia will be reinstated this year to the Red Sea destinations, but a prolonged period of stability would assist in the matter,” Lund expressed Colliers’ opinion on the resumption of the UK-Russian flights to Sharm EL Sheik.

Disagreeing with El Damary and Lund, Benoudi expects England and Russia to remove the travel ban, explaining that the English airline companies are putting pressure on the UK government and parliament to remove the ban.

Meanwhile, concerning the Russian ban, he forecasted that Russia will remove the ban in March, explaining that the Russian travel companies began to promote Egypt trips for March, thus this means that they might have information that the ban would be removed in March so that they may return back to market trips to Egypt.

Types of tourism that will lead the tourism movement this year

Experts argue that Egypt must deal in all kinds of tourism as it has different strengths to attract tourism. They all agreed on that Egypt has a large market share in the cultural tourism while the biggest market share is in beach tourism.

For his part, abdel Razek forecasted that beach tourism will continue to lead the movement this year.

Agreeing with abdel Razek, El Damary stated that beach tourism will remain number one as it is a global trend that increases every year, followed by the cultural tourism, conferences, and events tourism as Egypt will host many important events in 2019, the most prominent the African football cup, in addition to the medical tourism.

Talking about the cultural tourism which is currently ranked number two, Benoudi stated that Egypt should make an effort to regain the cultural tourism in the first rank as the cultural tourism revenues are much higher than beach tourism, elaborating that it brings income to the country through the ticket prices of the tourist attractions, in comparison with beach tourism where the tourist might come and stay in the hotel without doing any activity.

He continued that he is optimistic of the return of the cultural tourism in the first rank as many airlines companies began to have direct charter flights to Luxor and Aswan from Europe including Germany, Belgium, and Holland.

New types of tourism are expected to re-enter in 2019

Despite the traditional known types of tourism, experts spoke about some new types of tourism to enter the market.

For example, the ministries of environment and investment recently had a campaign to benefit from nature reserves in Egypt as tourist areas, thus this will add a new type of tourism to Egypt which is nature reserves.

Commenting on this campaign, abdel Razek stated that it is a very important kind of tourism as the world is currently focusing on the environmentally-friendly tourism and green tourism, so as much as we are enhancing this type of tourism, the more powerful Egypt tourism will become. He expected that this type of tourism will enter the Egyptian tourism market in 2019.

Meanwhile, Benoudi stated that nature reserves tourism is very important but Egypt will take about two or three years to compete in this type of tourism, explaining that the problem in this type of tourism is that there are some nature reserves that are already present or nearby touristic sites while, there are other nature reserves that are far away from the touristic sites, thus tourists will need safari cars which require special security forces, so he thinks it would take about two years to revive safari tourism.

El-Shamy and El Damary noted that the medical tourism began to thrive in Egypt which could have a great position in 2019.

El Damary also forecasted renewing religious tourism in Egypt, explaining that the holy family came to Egypt, travelling for about three-and-a-half years across the country.

Egypt started this project about two or three years ago, picking eight locations in four cities and reading them from the infrastructure perspective to receive the customers, clients, and tourists.

He continued that Pope Francis visited Egypt later in April 2017, performed mass and acknowledged the holy family’s journey in Egypt as an official Christian pilgrimage. This announcement puts the holy family tour on equal footing to Fatima in Portugal, suggesting that thousands of Christian tourists would visit Egypt in 2019.

Tourism Ministry seeks to launch new private equity fund to overhaul sector

The Egyptian government came a long way in renewing and recovering the tourism industry in Egypt, including the previously mentioned holy family tour, launching many promotional campaigns, and ensuring the security of all airports.

Moreover, earlier, the Minister of Tourism, Rania Al-Mashat, announced that the government plans to establish a new private equity fund to upgrade Egypt’s hotels as well as provide new investment opportunities in the sector.

Al-Mashat explained during her TV interview with Bloomberg that this step would be part of a comprehensive sector strategy, called ‘E-Trip’ that would include new legislation for the industry which would be introduced to the House of Representatives.

Commenting on this announcement, El-Zayat told DNE that if this private equity fund is activated, it will lead to great progress for Egypt in general, and to the tourism sector specifically.

He explained that the role of this fund is simply to help the financially troubled investors.

El-Zayat elaborated that this fund will buy shares from investors that are financially troubled, noting that the fund will buy the share by its current market’s value, and then it will sell it again by its market value during the selling time, either to the same investor or another, after an agreed period of time.

“Thus, this fund will benefit by the differences in prices between the time of the share’s purchase and sale, and on the other hand, the investors themselves will benefit by maintaining their investments without having the pressure of asking for bank loans,” he continued.

El-Zayat pointed out that activating this fund is crucial, as this it was launched before in March 2015, but it was not activated.

In March 2015, the Minister of Tourism, Hisham Zazou, declared during the Egypt Economic Development Conference in Sharm El Sheikh, the launch of a Tourism equity fund, in coordination with AYADY for Investment and Development, Cairo Capital Group, and the National Investment Bank, explained El-Zayat.

Meanwhile, the former minister said at that time, that the fund’s aim was to revive the tourism industry through restructuring finance for tourism projects, without imposing additional financial burdens on the state, declaring that the tourism fund would contribute with EGP 50m, targeting the collection of investments of nearly $250m to enhance the tourism sector.

Meanwhile, agreeing with El-Zayat, abdel Razek stated that this private equity fund is very important, calling for the government to take practical steps to activate it as soon as possible, because it will not only enhance tourism, but also the whole economy.

Also, El Damary explained that this fund will support tourism in many key areas including charter flights, and promotional campaigns.

Suggested procedures for government to implement in order to enhance tourism

Talking about the governmental efforts to attract more tourists, the Head of Hotels at Colliers International MENA stated that the government has been proactive in enhancing security across the country’s airports which has led to increased security perceptions amongst travellers.

“We are hopeful that the security incident in Giza at the end of December was as isolated incident and a period of stability returns. Second, significant opportunities exist in marketing Egyptian tourism abroad, especially to attract growing source markets such as China,” he added.

For his part, abdel Razek stated that the private sector, in collaboration with the Egyptian Tourist Chamber, should cooperate with the president to enhance this sector, explaining that the president is eager to see a strong tourism union that would benefit the sector.

abdel Razek noted that the promotional campaigns for tourism in Egypt are not enough, thus the minister of tourism should meet with the private sector and the Egyptian Tourist Federation to coordinate and set up a great marketing campaign.

He said that there is a huge difference between the marketing and promoting, explaining that what Egypt is doing now is promoting, but it has now to implement a good marketing strategy.

El Damary stated that the biggest obstacle facing tourism anywhere in the world is the stereotypical image of the state, noting that Egypt overcame most of the issues in this area.

He continued that Egypt must maximise the tourism experience because the tourist needs to remember Egypt with something especial, thus Egypt needs to develop a clear tourism strategy, including developing the aviation system as well as developing its airports.

It’s also necessary to spread a good community awareness, as tourism is directly linked to more than 17 or 18 industries and is indirectly linked to over 50 industries, thus the tourism strategy should be part of the general strategy of country, El Damary noted.

Agreeing with El Damary, El Shamy, stated that the most important thing in order to promote tourism is combating the stereotypical image of Egypt.

He added to that the need to launch a good marketing strategy for tourism, pointing out to the importance of including the private sector in the marketing strategy, explaining that every owner in the private sector could market for his hotel or resort, then the tourism promotion board authority could pay part of the cost of the marketing.

 

The post 2019: Getting over challenges and eyeing more opportunities appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/28/2019-getting-over-challenges-and-eyeing-more-opportunities/feed/ 0
Every Egyptian household would have at least one direct or indirect worker in tourism: Al-Mashat https://eklutdvotyzsri.dailynewssegypt.com/2019/01/27/every-egyptian-household-would-have-at-least-one-direct-or-indirect-worker-in-tourism-al-mashat/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/27/every-egyptian-household-would-have-at-least-one-direct-or-indirect-worker-in-tourism-al-mashat/#respond Sun, 27 Jan 2019 14:44:08 +0000 https://www.dailynewsegypt.com/?p=688049 Structural reform programme includes institutional reforms, legislative reforms,promotion, marketing activities, infrastructural, tourism development

The post Every Egyptian household would have at least one direct or indirect worker in tourism: Al-Mashat appeared first on Daily News Egypt.

]]>
The tourism sector in Egypt suffered a downturn since the 2011 Revolution, and the sector in Egypt suffered a devastating blow, especially when a Russian passenger plane crashed in Sinai in late October 2015 and all its passengers were killed.

Notably, following the plane crash, Russia imposed a travel ban on Egypt, while the UK suspended all flights to Sharm El-Sheikh amid concerns over the airport’s security measures, banning travel to Sinai

Meanwhile, since 2018 the sector began to revive again, regaining its position once more, as Egypt is a country strategically located on both the Mediterranean and Red Seas, with incredible gorgeous sandy beaches, astonishing landscapes, a warm winter climate, and, undoubtedly the world’s largest collection of historical sites, temples, pyramids, and artefacts

Thus Earlier, Minister of Tourism, Rania-Al-Mashat, said earlier that the number of tourists to Egypt increased by 40% during the first nine months of 2018 (9M18), compared to the same period last year.

Furthermore, an overwhelming majority of tourism experts are projecting that 2019 is the year of opportunities for the tourism sector, thus Daily News Egypt (DNE) was eager to learn from the Minister of Tourism, Rania Al-Mashat, about the ministry’s upcoming plans.

Notably, the minister stated during the 2019 World Economic Forum’s annual meeting in Davos, that 2018 was one of the strongest years for Egypt’s tourism, asserting that the ministry aims to further boost the sector during 2019.

Al-Mashat told DNE that the ministry’s vision is based on reaching a sustainable tourism sector through implementing structural reforms which will strengthen the sector’s competitiveness, and are with international standards.

My ultimate objective as the minister of tourism is to eventually have at least one individual from each Egyptian household working either directly or indirectly in the tourism sector,” she added.

In terms of the government’s plans which aim to develop the tourism sector, the minister noted that there is a structural reform programme which includes different pillars, such as institutional reforms, legislative reforms, promotion and marketing activities, infrastructural and tourism development, as well as the global trends programme.

Al-Mashat revealed, “We are also looking forward to complete developmental projects in 67 touristic areas, through expanding Egypt’s current capacity of 89,993 hotel rooms to a total of 238,114 rooms, by completing the ongoing construction of 55,121 rooms in touristic areas, as well as fostering the construction of additional 183,000 rooms subject to the supervision of the ministry’s Tourism Development Authority (TDA).”

She further elaborated, “In addition to enhancing the existing infrastructure in the TDA’s touristic areas to include 168 water desalination stations with capacity of 222,516 cubic metres per day, 226 sewage treatment stations, 508 electric generators and stations with a capacity of 380.2MW, 478km of road network, as well as  technical and financial support for urban touristic destinations in governorates which are excluded from the TDA’s jurisdiction in order to create new job opportunities.”

Moreover, Al-Mashat pointed out that the ministry is planning to set a strategy for sustainable tourism development to extend until 2030, which aims to diversify Egypt’s tourism product, increase the number of tourists’ nights in the country, as well as create direct and indirect employment with the community’s integration.”

Discussing Egypt’s touristic base, the minister declared that the ministry aims to diversify the revenue streams and increase the sector’s resilience by attracting new markets. She explained that this could be achieved through increasing promotional efforts in new source markets, including Asia (particularly China), East Europe (especially Ukraine), and Latin America. This could be carried out through organising workshops with Arab states (particularly countries of the Gulf Cooperation Council) in order to determine the most effective promotion tools, in addition to participating in national and international conferences to promote Egypt as an attractive and an all-year-long touristic destination.

She revealed that during the period from January to October 2018, European tourists represented 61% of the total number of tourists who visited Egypt during that period, while tourists from the Middle East represented 21.68%, Africa only 7.15%, Asia with 5.62%, and America with 3.94%, while other countries represented only 0.61%.


Furthermore, the minister stated, “We are also seeking to launch a People to People (P2P) campaign, which will portray Egypt not only as a prime touristic destination, but will also shed light on the diversity of the Egyptian people by showcasing Egyptians who master various disciplines to include art, sports, music, and culinary activities.”

“The P2P intends to shift tourists’ perception on the one hand, and encourages community engagement on the other hand,” Al-Mashat explained. 

She ensured that sustainable tourism is not just about places, but is also about the people and communities living in those locations.

The ministry is also looking forward toward promoting the opening of the Grand Egyptian Museum, one of the largest museums in the world.

Moreover, Al-Mashat stated that the ministry seeks also to adopt modern, digital, and competitive promotion approaches through branding by destination, creating an identity for each of Egypt’s tourism destinations, in addition to launching new campaigns in order to showcase Egypt’s contemporary dimension.

She also assured that utilising the ministry’s presence at international travel exhibitions in order to employ its full promotional potential—while focusing on quality not quantity—is very important

Our goal is to improve and elevate the skillset of the tourism sector’s workforce, through different procedures such as cooperating with the private sector, technical and vocational education training, reaching out to donors and supporting civil society organisations, in order to conduct training courses to improve employee skills, and also through rehabilitating and restructuring the ministry’s training centres,” she declared.

Moreover, Al- Mashat continued, “This is in addition to building a pool of accredited trainers and specialists in the various tourism fields, developing and updating the training programmes according to the latest international standards, and establishing a unified accreditation system in order to ensure a streamlined standard of qualification for the entire workforce, which will be issued by the ministry.”

Likewise, the minster explained that her ministry also plans to ensure that the quantity of the workforce, and its quality, meet the labour market’s needs, by implementing a plan to enhance the graduates’ of hotel and tourism faculties qualifications in order to meet the sector’s requirements.

Over and above, Al-Mashat stated that the sector will also be enhanced through developing specialised technical training programmes for graduates and job seekers in various tourism fields, setting criteria for job admissions in cooperation with the responsible chamber, conducting comprehensive assessments of the ministry’s staff training needs, as well as developing programmes in order to enhance the employees’ soft skills

Moreover, we seek to redefine our partnerships with the various intergovernmental organisations and foreign developmental agencies, in order to work toward achieving the sustainable development goals (SDGs) through identifying crosscutting areas regarding the SDGs and tourism, and by identifying national partner ministries to cooperate with on various sustainable tourism projects, in addition to pinpointing international partners to collaborate with, implementing sustainable tourism projects as well as establish a ‘Sustainable Tourism Unit’ within the ministry,” she noted.

Similarly, Al-Mashat stated that the government seeks to integrate the local community and enhance their development—especially those who live around Egyptian cultural heritage sites—in collaboration with international donors through implementing a USAID project on “Sustainable Investment in Tourism in Egypt”, which aims to link cultural heritage assets to tourism developmental activities, and to improve the skills of workers, in collaboration with the ministry of antiquities.

This is in addition to building connections between cultural heritage sites and the surrounding communities, in order to provide incentives for the local inhabitants to protect and preserve the sites. Moreover, the project aims to protect and restore cultural heritage sites from damage caused by ground water intrusion, and to produce sustainable site management plans for cultural heritage sites, in collaboration with the ministry of antiquities,” she further explained.

The ministry wants to ensure that existing international grants are utilised effectively in order to meet the ministry’s vision, through monitoring all the grants provided to the ministry by the various donors, reviewing all the bilateral agreements to ensure their effective utilisation, and through exploring cooperation opportunities with new donors to make use of foreign expertise,” she elaborated

Plus, Al-Mashat revealed, “Our plan also includes liaising and supervising the Hajj and Umrah in order to ensure the successful completion of each season.”

Commenting on the private equity fund, the minster explained that it aims to restructure financially impaired hotels and other tourism establishments through establishing a hotel development fund in order to provide them with capital, which enables the ministry to conduct the necessary investments. The ministry is also coordinating with experts in order to manage the fund, and with Egyptian banks with the purpose of restructuring the debt incurred from the tourism sector’s establishments.

The post Every Egyptian household would have at least one direct or indirect worker in tourism: Al-Mashat appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/27/every-egyptian-household-would-have-at-least-one-direct-or-indirect-worker-in-tourism-al-mashat/feed/ 0
International tourist arrivals reach 1.4 billion: UNWTO in 2018 https://eklutdvotyzsri.dailynewssegypt.com/2019/01/23/international-tourist-arrivals-reach-1-4-billion-unwto-in-2018/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/23/international-tourist-arrivals-reach-1-4-billion-unwto-in-2018/#respond Wed, 23 Jan 2019 12:42:45 +0000 https://www.dailynewsegypt.com/?p=687712 Growth expected to return to historical trends in 2019

The post International tourist arrivals reach 1.4 billion: UNWTO in 2018 appeared first on Daily News Egypt.

]]>
The United Nations World Tourism Organisation (UNWTO) stated in its last report that worldwide international tourist arrivals (overnight visitors) increased 6% to 1.4 billion in 2018, clearly above the 3.7% growth registered in the global economy.

“In relative terms, the Middle East (+10%), Africa (+7%), Asia and the Pacific and Europe (both at +6%) led growth in 2018. Arrivals to the Americas were below the world average (+3%),” the UNWTO added.

“The growth of tourism in recent years confirms that the sector is today one of the most powerful drivers of economic growth and development. It is our responsibility to manage it in a sustainable manner and translate this expansion into real benefits for all countries, and particularly, to all local communities, creating opportunities for jobs and entrepreneurship and leaving no one behind” said the UNWTO secretary-general Zurab Pololikashvili.

“This is why the UNWTO is focusing 2019 on education, skills, and job creation,” Pololikashvili added.

The UNWTO’s long-term forecast published in 2010 predicted the 1.4 billion mark of international tourist arrivals for 2020. Yet stronger economic growth, more affordable air travel, technological changes, new businesses models, and greater visa facilitation around the word have accelerated growth in recent years.

The UNWTO classified the result by regions, explaining that international tourist arrivals in Europe reached 713 million in 2018, a notable 6% increase over an exceptionally strong 2017.

It added that growth was driven by Southern and Mediterranean Europe (+7%), Central and Eastern Europe (+6%) and Western Europe (+6%), while results in Northern Europe were flat due to the weakness of arrivals to the United Kingdom.

“Asia and the Pacific (+6%) recorded 343 million international tourist arrivals in 2018. Also arrivals in South-East Asia grew 7%, followed by North-East Asia (+6%) and South Asia (+5%) and Oceania showed more moderate growth at +3%,” the UNWTO stated.

“The Americas (+3%) welcomed 217 million international arrivals in 2018, with mixed results across destinations. Growth was led by North America (+4%), and followed by South America (+3%), while Central America and the Caribbean (both -2%) reached very mixed results, the latter reflecting the impact of the September 2017 hurricanes Irma and Maria,” the UNWTO added.

Data from Africa points to a 7% increase in 2018 (North Africa at +10% and Sub-Saharan +6%), reaching an estimated 67 million arrivals.

The Middle East (+10%) showed solid results last year consolidating its 2017 recovery, with international tourist arrivals reaching 64 million.

Based on current trends, economic prospects and the UNWTO Confidence Index, the UNWTO forecasts international arrivals to grow 3% to 4% next year, more in line with historic growth trends.

Overall, 2019 is expected to see the consolidation among consumers of emerging trends as for example the quest for ‘travel to change and to show’, ‘the pursuit of healthy options’ such as walking, wellness and sports tourism, ‘multigenerational travel’ as a result of demographic changes, and more responsible travel.

The post International tourist arrivals reach 1.4 billion: UNWTO in 2018 appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/23/international-tourist-arrivals-reach-1-4-billion-unwto-in-2018/feed/ 0
Changing narrative on Egyptian tourism in WEF 2019: Minister of Tourism https://eklutdvotyzsri.dailynewssegypt.com/2019/01/22/changing-narrative-on-egyptian-tourism-in-wef-2019-minister-of-tourism/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/22/changing-narrative-on-egyptian-tourism-in-wef-2019-minister-of-tourism/#respond Tue, 22 Jan 2019 17:57:42 +0000 https://www.dailynewsegypt.com/?p=687642 2018 was strongest year for Egyptian tourism

The post Changing narrative on Egyptian tourism in WEF 2019: Minister of Tourism appeared first on Daily News Egypt.

]]>
Davos-The Ministry of Tourism is taking part in the World Economic Forum (WEF) Annual Meeting 2019 in order to discuss the ministry’s reform programme with partners, through bilateral and group meetings on the topic in order to change the narrative on Egyptian tourism, Minister of Tourism, Rania Al-Mashat informed Daily News Egypt on Monday.

“The Ministry of Tourism launched the E-trip in November 2018, which is a five pillar tourism reform programme in which we have identified the elements of structural reforms that are needed in the sector, to remain on a sustainable path,” She added.

Al-Mashat explained that 2018 was one of the very strongest years for Egyptian tourism, asserting the ministry’s aims to further achieve more business in 2019.

“In our reform programme we identified very clearly that we want to diversify the markets where we receive tourists from, and one of the key markets that we are eyeing is Asia, hence we are trying to penetrate the Asian market through more modern branding, as well as digital media, and influencers,” the minister explained.

Egypt, is a country strategically placed on both the Mediterranean and Red Seas, with incredible gorgeous sandy beaches, astonishing landscapes, warm winter climate, and, without a doubt the world’s largest collection of historical sites, temples, pyramids, and artefacts.

In 2010, Egypt attracted 14.7 million tourists. The tourism sector employed about 12% of the country’s workforce and made up 10% of its GDP. Yet, following the 2011 events, that number dropped to 10 million and continued to decrease so that by 2014, revenue for Egypt’s top tourist sites had dropped 95% from 2011.

The sector suffered from another hit in 2015, following the crash of the Russian aeroplane in the Sinai peninsula, leading to a further decrease in tourist arrivals.

However, currently, three years later, the tides have turned, as around 8.3 million tourists visited Egypt in 2017, and 2018 are expected to exceed those levels.

The tourism reform programme overall objective is that every Egyptian household would have at least one person working in the tourism sector, and in order to achieve that the ministry is trying to work on the ‘software’ and ‘hardware’ of tourism, the minister informed Daily News Egypt.

“Software being the people while the hardware being the hotels and infrastructure to support these ambitions,” She explained.

The post Changing narrative on Egyptian tourism in WEF 2019: Minister of Tourism appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/22/changing-narrative-on-egyptian-tourism-in-wef-2019-minister-of-tourism/feed/ 0
2018 record year for MENA startup investment, UAE, Egypt top destination with 30%, 22%: MAGNiTT https://eklutdvotyzsri.dailynewssegypt.com/2019/01/17/2018-record-year-for-mena-startup-investment-uae-egypt-top-destination-with-30-22-magnitt/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/17/2018-record-year-for-mena-startup-investment-uae-egypt-top-destination-with-30-22-magnitt/#respond Thu, 17 Jan 2019 10:00:02 +0000 https://www.dailynewsegypt.com/?p=687117 The Middle East and North Africa (MENA) startup ecosystem witnessed a record year in terms of investment growth in MENA-based startups in 2018, recording 31% increase in funding from 2017, according to a recent report issued by MAGNiTT. According to the report, a record number of deals, with $893m was invested across 366 deals in …

The post 2018 record year for MENA startup investment, UAE, Egypt top destination with 30%, 22%: MAGNiTT appeared first on Daily News Egypt.

]]>
The Middle East and North Africa (MENA) startup ecosystem witnessed a record year in terms of investment growth in MENA-based startups in 2018, recording 31% increase in funding from 2017, according to a recent report issued by MAGNiTT.

According to the report, a record number of deals, with $893m was invested across 366 deals in 2018 up 3% from 2017.

The UAE remained the top destination for startup investment, with 30% of all deals, while Egypt came in the second place in terms of deals, with 22%, marking the biggest increase of 7%, and Lebanon in the third place with 10% of deals, and the biggest drop of 4%.

Furthermore, the UAE saw the lion’s share of investment amounts, accounting for 70%, as well as 30% of total number of deals.

“Egypt is seeing a second wave of entrepreneurs and investors that are more mature and experienced. The population is also starting to embrace technology for everyday activities, and we see that large but young tech firms are a great source of talent and inspiration” said Ziad Mokhtar, managing partner at Algebra Ventures.

Sector wise, Fintech overtook e-commerce as the most actively invested industry accounting for 12% of all deals, while e-commerce came second with11%, followed by delivery and transport in third with 9%.

“We see a strong push from governments to support the innovation space along with a significant rise in the quality and speed of growth of startups from the region,” Issa Aghabi, VC investment officer at the IFC commented.

Startups graduate to later stages of funding

Maturity in the startup ecosystem has seen more startups raise later stages of investment, with 4% of all deals at series A, 3% at Series B, and 2% at Series C and higher in 2018.

The post 2018 record year for MENA startup investment, UAE, Egypt top destination with 30%, 22%: MAGNiTT appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/17/2018-record-year-for-mena-startup-investment-uae-egypt-top-destination-with-30-22-magnitt/feed/ 0
Sharm El-Sheikh, Hurghada to witness RevPAR growth of 17%, 12% respectively: Colliers https://eklutdvotyzsri.dailynewssegypt.com/2019/01/13/sharm-el-sheikh-hurghada-to-witness-revpar-growth-of-17-12-respectively-colliers/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/13/sharm-el-sheikh-hurghada-to-witness-revpar-growth-of-17-12-respectively-colliers/#respond Sun, 13 Jan 2019 17:08:42 +0000 https://www.dailynewsegypt.com/?p=686683 Hotel occupancy in Sharm El-Sheikh and Hurghada continues to grow in light of the positive movement witnessed in the tourism sector during the last period. The two Red Sea resort cities are expected to witness 17% and 12% growth in revenues per available rooms (RevPAR) respectively, Colliers International said in its latest MENA Hotels Forecast …

The post Sharm El-Sheikh, Hurghada to witness RevPAR growth of 17%, 12% respectively: Colliers appeared first on Daily News Egypt.

]]>
Hotel occupancy in Sharm El-Sheikh and Hurghada continues to grow in light of the positive movement witnessed in the tourism sector during the last period.

The two Red Sea resort cities are expected to witness 17% and 12% growth in revenues per available rooms (RevPAR) respectively, Colliers International said in its latest MENA Hotels Forecast report for the period from December 2018 to February 2019.

The report explained that the revenues rebound comes as a result of the improved security situation. Colliers expects that the Red Sea resorts will continue to benefit from the positive security perception, and the return of chartered flights.

In Sharm El-Sheikh, “similar to Hurghada, travel sentiment from the most source markets is now relatively relaxed resulting in a surge in international leisure demand,” the report noted.

Colliers stated that Saudi Arabia’s Jeddah and Egypt’s Cairo maintained their steady performance, explaining that the Saudi capital is expected to witness a slight decrease of 4% in RevPAR during the period from December 2018 till February 2019.

“Despite a slight decline in performance in Jeddah owing to a leaner quarter four, the long-term outlook remains positive,” the report continued.

Meanwhile, “Cairo is expected to witness 5% increase in demand due to the corporate meetings, incentives, conferences, and events (MICE) and some leisure activity, in addition to the strong destination marketing and political stability,” according to the report.

On the other hand, the report said that Oman’s Muscat and Kuwait City continue to feel the negative consequences of the decline in leisure demands and limited corporate and MICE demand.

Colliers explained that Muscat and Kuwait City are expected to witness 2% and 1% decline in RevPAR, respectively from December 2018 to February 2019.

Colliers International Hotels division is a global network of specialist consultants in hotel, resort, marina, golf, leisure, and spa sectors, dedicated to providing strategic advisory services to owners, developers and government institutions to extract best values from projects and assets.

The post Sharm El-Sheikh, Hurghada to witness RevPAR growth of 17%, 12% respectively: Colliers appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/13/sharm-el-sheikh-hurghada-to-witness-revpar-growth-of-17-12-respectively-colliers/feed/ 0
Korean Air resumes flights to Cairo after 7-year absence https://eklutdvotyzsri.dailynewssegypt.com/2019/01/12/korean-air-resumes-flights-to-cairo-after-7-year-absence/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/12/korean-air-resumes-flights-to-cairo-after-7-year-absence/#respond Sat, 12 Jan 2019 17:39:05 +0000 https://www.dailynewsegypt.com/?p=686574 Before 2011 Revolution, 70,000 annual Korean visitors to Egypt: Korean ambassador

The post Korean Air resumes flights to Cairo after 7-year absence appeared first on Daily News Egypt.

]]>
The Cairo International Airport (CAI) received the first Korean Air’s charter flight after seven years of absence, with 209 tourists onboard, said a statement from the airport, adding that the flight arrived to Cairo from Seoul on Friday evening.

The statement pointed out that a delegation from Egyptian Tourism Authority (ETA), Ministries of Tourism and Civil Aviation welcomed the Korean visitors at the airport with flowers and souvenirs.

The Korean Air will operate six charter flights in January and February 2019 in a step by the South Korean flag carrier to resume its regular direct flights to Egypt soon.

“In the past years, we had about 70,000 annual Korean visitors to Egypt, but after the revolution, the situation changed. However, last year, we registered about 15,000 people which was considered an indication of improvement,” Yeocheol Yoon, South Korea’s ambassador to Egypt, informed Daily News Egypt in April 2018.

It is important to give Korean people the impression that Egypt is safe, as Koreans get scared of the media reports they watch, which show the militant attacks in Sinai and even in Cairo, noted the ambassador. He added that Korean travellers used to visit cultural destinations in Egypt but now they may come to Egypt for fun and to visit other cities such as Hurghada, Dahab, and Luxor.

In the first half of 2018, Egypt’s tourism revenues jumped by about 77% to $4.8bn, compared to the same period in 2017, a government official told Reuters late August 2018, adding that the number of tourists visiting Egypt saw a year-over-year increase of 41% to about 5 million visitors.

The post Korean Air resumes flights to Cairo after 7-year absence appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/12/korean-air-resumes-flights-to-cairo-after-7-year-absence/feed/ 0
Egypt’s revenues from tourism rose by 45.5% during first 3 months of current FY https://eklutdvotyzsri.dailynewssegypt.com/2019/01/12/egypts-revenues-from-tourism-rose-by-45-5-during-first-3-months-of-current-fy/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/12/egypts-revenues-from-tourism-rose-by-45-5-during-first-3-months-of-current-fy/#respond Sat, 12 Jan 2019 17:34:25 +0000 https://www.dailynewsegypt.com/?p=686573 Tourism balance surplus increased to $3.2bn, up from $2bn, an increase of 60% during period from July to September in FY 2018/19 compared to same period last FY

The post Egypt’s revenues from tourism rose by 45.5% during first 3 months of current FY appeared first on Daily News Egypt.

]]>
Egypt’s revenues from tourism rose by 45.5% during the period from July to September in the current fiscal year (FY), according to Central Bank of Egypt’s (CBE) Balance of Payments Performance (BOP) report.

The report explained that the receipts (revenues) of tourism reached $3.93bn during the first three months of the current FY compared to $2.7bn during the same period last month.

On the other hand, the report stated that the payments of tourism during the first three months of FY 2018/19 accounted to $717m, up from $649m during the same period last year, an increase of 10.47%.

Notably, before the 2011 uprising, tourism in 2010 was growing briskly, but then after the 2011 uprising, tourism suffered significantly, subsequently suffering the most in 2016, especially when a Russian passenger plane crashed in Sinai in late October 2015 will all its onboard passengers killed.

But currently the tourism is recovering, demonstrating that earlier the Minister of Tourism, Rania Al-Mashat, said that the number of tourists to Egypt increased by 40% during the first nine months of 2018, compared to the same period last year, recovering from a slump that began with the Arab Spring and continued as unrest persisted.

Al-Mashat previously ensured that the government plans to use this improvement in tourism to encourage investments in the Red Sea islands, as well as in a new private equity fund to upgrade Egyptian hotels.

The minister insisted that the government is trying to diversify its tourist base, targeting travellers from Asia and Latin America.

Regarding Egypt’s BOP, it continued to achieve an overall surplus, accounting for $284.1m in the period from July to September of FY 2018/19, as the current account deficit stabilised at $1.8bn and the capital and financial account stood at $1.6 bn.

This means that the BOP remained steady despite emerging markets’ turbulence, normalisation of developed markets monetary policy, and the resulting narrowing of global conditions.

The services balance and workers’ remittances are the key drivers of stability in the current account, as the services surplus surged by 50.4%, to register $4.3bn, up from $2.8bn, driven mainly by the following developments, travel balance surplus increased to $3.2bn, up from $2bn.

Meanwhile, Suez Canal receipts rose by 4.3%, recording $1.44bn up from $1.38bn.

Furthermore, the net unrequited current transfers scaled up by 1.4% to reach $5.9bn, up from $5.8bn, supported mainly by the increase in workers’ remittances.

The post Egypt’s revenues from tourism rose by 45.5% during first 3 months of current FY appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/12/egypts-revenues-from-tourism-rose-by-45-5-during-first-3-months-of-current-fy/feed/ 0
2018 is booming year for tourism in Hurghada throughout last 3 years: Guirguis https://eklutdvotyzsri.dailynewssegypt.com/2019/01/08/2018-is-booming-year-for-tourism-in-egypt-throughout-last-3-years-guirguis/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/08/2018-is-booming-year-for-tourism-in-egypt-throughout-last-3-years-guirguis/#respond Tue, 08 Jan 2019 10:00:36 +0000 https://www.dailynewsegypt.com/?p=686191 Hilton Hurghada Resort launched new renovation plan, scheduled to be completed by 2020

The post 2018 is booming year for tourism in Hurghada throughout last 3 years: Guirguis appeared first on Daily News Egypt.

]]>
Despite Egypt being one of the best destinations for tourists worldwide, and known for having the most attractive locations, tourism has declined for a long period, but with the government’s and the private sector’s incentives, Egyptian tourism has witnessed a major boost during 2018.

Marketing the sector was one of the challenges listed on top of the government’s work agenda for the past years. Reviewing the prices strategy, opening new markets, development, as well as improving the security conditions, were the main factors which helped the return of tourism after two years of unstable conditions, following the crash of the Russian airplane in 2015.

Daily News Egypt interviewed the General Manager of Hilton Hurghada Resort, Gilaine Guirguis, one of the leading figures in the tourism sector who has worked in it for almost 37 years. During our interview, she introduced the hotel’s renovation plan, which is to be fully executed during the upcoming few years, and explained how the hotel worked on flourishing tourism with the government’s help during the time of crisis.

Gurguis was the general manager of Hilton Marsa Alam Nubian Resort from 2013 to 2016, and the general manager of the Hilton’s Fayrouz Resort in Sharm El-Sheikh from 2011 to 2013.

The transcript for the interview is below, lightly edited for clarity:

To begin with, will you give us a brief on the current situation of the tourism in Hurghada, compared with the past years?

Tourism has really improved much during the past two years all over Egypt. The foreign tourist is willing to fly to Egypt for a stay, however tourists became more selective than before.

After the 2015 incident, Hurghada’s tourism sector was negatively affected, as the Russian tourists were the main market feeders. Accordingly, both hotels and travel agents started to look for alternative markets in order to recover from this decline, while depending on the domestic tourism.

In 2017, slight changes began to appear on the ground, especially after the flow of the Chinese market to Egypt. Chinese tourists like to visit Egypt in groups for five-nights tours divided between Hurghada and Luxor. This is in addition to the flow of tourists from specific European countries like the UK and Germany to Hurghada, instead of Sharm El-Sheikh due to flight suspensions. Currently, we can see that the occupancy rates and the number of flights are increasing in Hurghada.

The improvement of occupancy rates encourages many hotel owners to invest in building new hotels and extending the total number of guest rooms in Hurghada, which is an indicator prooving that tourism is actually doing well.

What was Hilton Hurghada’s role in promoting tourism?

First, let us note that the Russian tourist was the main one contributing to the Egyptian tourism market until 2016. Accordingly, we started to collaborate with travel agents to explore new markets and search for alternative tourists to visit the country. 

We prepared a strategic sales plan to increase the current flow of tourists from the UK, Germany, and Lebanon in parallel with penetrating new markets such as Belgium, India, China, Armenia, Kazakhstan, and more notably France.

Some of those markets have specific requirements in order to come and stay with us. For example, the Indian market requires an Indian chef to accompany tourists in order to cook their meals and recipes. After we looked into this request, we succeeded to execute the business deal once we dedicated a separate kitchen and obtained the required equipment. Their feedback on the hotel’s action has been significantly positive and satisfying.

How do you describe the occupancy rate in 2016, 2017, and 2018?

In 2017, a noticeable increase of 27.9% has been recorded compared to 2016.

In regards to 2018 results, we haven’t announced our Q4 year-end earnings numbers yet, they are to be released in the near-term, yet occupancy rate, and total revenues have improved, compared to 2017. Moreover, Hilton Hurghada recorded great satisfaction and problem resolution scores.

Are you planning on increasing the prices during the upcoming period?

As long as we are in a high demand, reviewing the pricing strategy is essential. For instance, we are witnessing high demand during January and February, so I decided to increase the prices, and no negative feedback was witnessed.

Did the Al-Haram district incident affect the hotel’s occupancy rates during the Christmas celebrations?

We did not receive any cancellations, and I also think that the attack did not leave any impact on tourism anywhere in Egypt.

During the evening of the day of the attack, we prepared a sheet and we expected that we will start taking cancellation requests, but thankfully, no one submitted any cancellation or even any guest left the hotel.

We were so worried especially that the timing of the attack coincided with the New Year’s and Christmas celebrations, so it was definitely a high season.

How did your hotel work on its marketing strategy during the decline of tourism?

Our marketing strategy depends on two factors, the outbound marketing, which focuses on the ways to reach clients. Our dedicated sales team plans regular sales calls and visits to tour operators in Egypt and abroad. Those trips mainly aim to strengthen the business collaboration between the hotel and tour operators, and usually help in exploring new ideas and alternatives to support the business, so that we are capable of choosing the right promotions at the right time, and to the right people. We also were keen to be present in all the international travel forums and exhibitions. As for our second strategy, the inbound marketing, our focus is to boost digital marketing, and work on updating the website, keywords, content, images, online travel agencies (OTAs), as well as our social media presence.

What was a major achievement that Hilton Hurghada implemented in 2018?

Hilton was established 25 years ago, so the hotel needed some upscaling to cope with the guests’ expectations, especially that Hilton is one of the few hotel chains in Hurghada. As for my work agenda, it was important to prepare something which will meet all our new clients’ expectations.

First, we started with renovating the rooms, as they were built several years ago, and it was important to reconstruct new interiors in order to cope with modern designs.

The rooms’ renovations are planned to be finished in phases, putting into consideration that we have to avoid the guests’ interruption during their stay. This is the reason why we work in winter when the occupancy rate is lower than in summer, so that we are able to close and renovate those rooms. During the summer, hotels are fully booked, and it is not easy to lose our guests.

We already finished 80 out of 400 rooms. This phase took almost six months from January to July 2018. The rooms are now decorated with a new interior style, making them more delightful and colourful. The rooms are completely renovated including their colours, ceramics, as well as the furniture.

We are now preparing to start working on another 80 rooms during 2019, and will continue until we are finished with all the 400 rooms.

The new phase is expected to start this January, and will end by the beginning of the summer. We are planning to finish 280 front-line rooms by 2020.

Restaurants are also part of the renovation, as we are looking forward to expanding the size of the restaurants to accommodate the numbers of guests. We are expected to work on this after finalising the rooms’ refurbishment. Occupancy is mostly over 80%, so we do not want the guest to feel that the restaurant is overcrowded, and that is why we had to renew it.

Moreover, we also have another 121 rooms located in the second line of the promenade,

as they were designed in an older stage than the front-line rooms, and we will still have another four to five years for their complete renovation, and we are working on a refurbishing plan for a period of one year.

What were Hilton Hurghada’s challenges during 2018?

First, we had a big challenge in improving the food taste and quality, which made us replace the chef two times, until we succeeded in reaching the best results which we were looking for. We also conducted training courses for our chefs.

We also changed the animation team three times. In addition, we constructed the Aqua Park, which was really one of the best ideas. Most importantly, we succeeded to start our renovation plan.

What are your main goals for 2019?

We are looking to start the second phase of the room’s renovation and increase corporate business. We increased our business with big corporates such as petroleum services companies.

We also launched a plan in order to arrange weddings by the beach, something that we already started, with the first wedding held two months ago. We are coordinating with various wedding planners in Hurghada to reach out to Hurghada’s residents, letting them choose Hilton as the venue for their wedding celebrations.

Recently, people are more frequently visiting places like Sahl Hashish, Gouna, and Dahab as they are becoming mainstream destinations, do you think this has influenced tourism in Hurghada?

No. Our clients are different, and each destination has its specific market and visitors. The hotels here are different, which combine both shopping and relaxation. Clients choose places according to their needs.

How did you work on improving the employment rates?

Due to the tourism’s decline during the past three years, many employees left Hurghada to look for other jobs. Therefore, we worked on training fresh graduates in order to select the best ones. The induction-training plan takes place for 15 days before joining the hotel’s operation.

We are now very concerned with language abilities more than before, and we do not accept slang language anymore. We also targeted breadwinner females, as we train them on cooking and baking pastries, and provide them with the chance to work with us.

We already trained 10 females who send us baked desserts, and anyone who wants to learn or work, we are open to teaching them.

We also do some community work by sending some equipment and materials to charity organisations so they can use them to train children and young people who are interested in working in the tourism sector.

The post 2018 is booming year for tourism in Hurghada throughout last 3 years: Guirguis appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/08/2018-is-booming-year-for-tourism-in-egypt-throughout-last-3-years-guirguis/feed/ 0
3,000 tourists spend New Year’s Day at Abu Simbel temple https://eklutdvotyzsri.dailynewssegypt.com/2019/01/02/3000-tourists-spend-new-years-day-at-abu-simbel-temple/ https://eklutdvotyzsri.dailynewssegypt.com/2019/01/02/3000-tourists-spend-new-years-day-at-abu-simbel-temple/#respond Wed, 02 Jan 2019 16:53:23 +0000 https://www.dailynewsegypt.com/?p=685826 Winter is this city high season

The post 3,000 tourists spend New Year’s Day at Abu Simbel temple appeared first on Daily News Egypt.

]]>
The first day of 2019 witnessed the visit of 3,000 tourists from across the globe to Abu Simbel temple in Aswan, state-owned media outlet Al-Ahram reported.

On Tuesday morning, dozens of tourist buses headed to Abu Simbel city, while others arrived on two flights and three Nile cruise ships.

Winter is this city high season. Thousands of visitors come from all over the world to enjoy the sunlight in Luxor and Aswan during the two-month season.

There is a unique event that still amazes the world in this city, when the sun rays go inside the corridor of the Abu Simbel temple and perpendicular light the faces of Ramses II, his wife, Queen Nefertari, and the god Amun on the back wall. It happens twice a year on the same two dates: 22 October, Ramses II’s birthday, and on his coronation day, 22 February.

Hotels in Aswan and Luxor said the occupancy rate has exceeded 60% since the holiday season started, including Christmas, and New Year’s Day.

The post 3,000 tourists spend New Year’s Day at Abu Simbel temple appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2019/01/02/3000-tourists-spend-new-years-day-at-abu-simbel-temple/feed/ 0
Rich, breath-taking beaches of Arab countries https://eklutdvotyzsri.dailynewssegypt.com/2018/12/27/rich-breath-taking-beaches-of-arab-countries/ https://eklutdvotyzsri.dailynewssegypt.com/2018/12/27/rich-breath-taking-beaches-of-arab-countries/#respond Thu, 27 Dec 2018 13:00:17 +0000 https://www.dailynewsegypt.com/?p=685255 Egypt had four of top beaches across its beautiful coastline

The post Rich, breath-taking beaches of Arab countries appeared first on Daily News Egypt.

]]>
Arab countries are rich with breath-taking beaches that extend from the borders of Asia, with vast oceans and lakes, to the dazzling Red Sea in Africa.

FlightNetwork, an online travel website, listed Africa’s and Asia’s top beaches by surveying over 1,200 journalists, editors, bloggers, and agencies. From this, Forbes Middle East extracted the top 10 beaches in the Arab world.

Egypt had four of the top beaches across its beautiful coastline, followed by Jordan, Algeria, Oman, Tunisia, Morocco, and Saudi Arabia with one destination each.

Dead Sea, Jordan

The Dead Sea was ranked the top beach in the Arab world and the 10th best in Asia. Located in Jordan, the Dead Sea is not really a sea but a lake. Nonetheless, it is one of the most famous beaches in the world for its salty, mineral-rich water, which allows visitors to float effortlessly. Visitors can also appreciate the fact that it is at 400m below sea level, which is considered the lowest point for a beach on dry land.  

Falaises d’El Marsa a Alger, Algeria

The grey-speckled cliffs hovering above Falaises d’El Marsa beach outside of Alger serve as the backbone of this magnificent strip of sand. The frothy, white-capped waves crashing into these rocks are home to an abundance of marine life, and are wonderful for swimming, kayaking and snorkelling.

Fizayah Beach, Oman

Fizayah Beach is located at the end of a dusty hairpin road. After the notoriously beautiful but adventurous drive through the mountains, visitors reach the dirt path, which leads to 5km of untouched white-sand, kissed by the turquoise blue waters of the Arabian Sea.

Sharm El Luli, Egypt

The main draw of Sharm El Luli is that it is completely undeveloped. There are no shops, hotels or restaurants to distract from its natural beauty. The destination is distinguished by vivid yellow sands and water in so many shades of blue, along with the smooth shore speckled with a sampling of rock formations; shallow warm waters, and the vast coral reef where visitors snorkel and dive.

Blue Hole, Egypt

Dahab is famous for the Blue Hole, a 110m dive site drawing adventurous travellers from around the globe, and is considered to be one of the prime dive spots in the world.

Located on the Gulf of Aqaba in Egypt, it is rich in coral and diverse in marine life, drawing visitors who come to enjoy the tranquil beauty both above and below water. Besides diving, windsurfing draws people to sail along its golden sandy shores and enjoy the laid-back vibe due in part to its native Bedouin tribes that have lived here for 800 years.

Djerba, Tunisia

Vibrant teal water kisses the silvery sand at Djerba beach in Tunisia. With consistent water temperature year-round and stunning views, this mystical island gives visitors an unforgettable experience.

When exploring or diving into the refreshing water, visitors get a taste of what Tunisia’s marine ecosystem looks like. From camels and crocodiles to eclectic art, this island gives the same feeling as if you have landed in Peter Pan’s Neverland.

Fjord Bay, Egypt

Fjord Bay in Taba, Egypt is a crystal-blue gem surrounded by harsh, beautiful desert, while the cotton-candy sky highlights the brilliant water colour and the coral reefs below. Over 15km from any city, Fjord Bay is home to some of the best diving sites in the world. Dive 12m to the banana-shaped reef or dive 24m to the infamous Fjord hole to enjoy watching thousands of unique marine creatures.

Legzira Beach, Morocco

This remote stretch of beach takes travellers back in time to a long lost land that was undiscovered by humans. The highlights are two massive red stone arches that stretch from cliffs into the sea. These impressive giants were formed from erosion, and are wrapped in cascading waves during low tide. Sunsets at Legzira Beach are a must-see as the sun causes the red stone to glow with an exquisite flare.

Agiba Beach, Egypt

Agiba beach retains Egypt’s cultural essence — tucked on the Egyptian shore alongside the breath-taking Mediterranean Sea. Located in Marsa Matruh, the beach is mere metres from Cleopatra’s Rock. Stand on the famous rock and look over the water like Cleopatra did 2,000 years ago, imagining how she lived in this luxury in ancient Egypt. “Agiba” means miracle in Arabic.

Al Fanateer Beach, Saudi Arabia

Al Fanateer is the most popular coastal hub for locals and expats in the region. The impeccably clean beach is lined with palm trees, and filled with green areas that are perfect for family picnics or barbeques. With various water sports activities for visitors, the beach is also located close to many stores, malls, hotels, restaurants, and cafes.

The post Rich, breath-taking beaches of Arab countries appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2018/12/27/rich-breath-taking-beaches-of-arab-countries/feed/ 0
Mit Rahina Museum https://eklutdvotyzsri.dailynewssegypt.com/2018/12/27/mit-rahina-museum/ https://eklutdvotyzsri.dailynewssegypt.com/2018/12/27/mit-rahina-museum/#respond Thu, 27 Dec 2018 09:00:59 +0000 https://www.dailynewsegypt.com/?p=685262 Waste for tourists, people to go all way to Giza, without visiting amazing, yet forgotten place

The post Mit Rahina Museum appeared first on Daily News Egypt.

]]>
Although Memphis is located in Giza governorate, with people always visiting the Giza Pyramids, yet most of them know nothing about this town.

Memphis, which is currently known as Mit Rahina, has many mesmerising monuments. It is such a waste for tourists and people to go all the way to Giza, without visiting this amazing, yet forgotten place.

Mit Rahina Museum

The Mit Rahina is an open Egyptian museum, with several ancient Egyptian artefacts discovered on site.

Memphis city is the centre of Badrasheen in Giza. Memphis was the capital of the first Old Kingdom in ancient Egypt, since the unification of the north and south by King Narmer, until the year 2,200 BC.

Narmer was an ancient Egyptian king of the Early Dynastic period. He was considered the unifier of Egypt, and the founder of the First Dynasty, and in turn the first king of a unified Egypt.

Meanwhile in the New Kingdom, the city of Thebes was the capital, while Memphis was the centre of the political power and government, as it had the rulers’ palaces.

Most of the pieces in the museum date back to the New Kingdom of ancient Egypt. The museum was built around a statue of Ramses in order to protect it. The statue was discovered in the same place as where it currently stands.

The museum consists of two parts, the indoors museum, and the outdoors museum. The indoors area contains that statue of Ramses II, and the ancient columns and statues of dwarfs. On the other hand, the outdoor area contains the Ramses Sphinx, and the Triad of Memphis statue.

The Ramses Sphinx

This Sphinx was fashioned to imitate the original Sphinx at the Giza Pyramids. Yet, the head of this Sphinx represents the face of Ramses II, rather than King Khufu, with the lion’s body constant.

The statue of the Triad of Memphis

The Triad of Memphis consists of Ptah, Sekhmet, and their son Nefertem. The three Gods’ centre of worship was in Memphis. In Egyptian mythology, Memphis was believed to be under the protection of the God Ptah.

Ptah is the God of craftsmen and architects. Sekhmet was Ptah’s wife and the mother of Nefertem, the Lotus God. Sekhmet, meaning strong, was always represented as a lady with the head of a lioness sitting on the throne adorned by the sign of unification of the north and south of Egypt, topped by the sun disk and the Cobra snake.

Ramses II statue

The statue of Ramses II was discovered in 1820 by the Explorer Giovanni Batista Cavellia, near Memphis in Egypt.

Ramses II was the third pharaoh of the 19th Egyptian dynasty. He is regarded as the greatest, most celebrated, and most powerful pharaoh of the New Kingdom, who ruled for the longest time any pharaoh did.

There are protective cartridges on the shoulders of the statue, with Ramses wearing a dagger, and two heads representing Horus.

The statue’s hand is closed to represent intensity and strength, while the statue’s smiling face represents mercy and tolerance.

The ancient columns

The museum also contains columns representing the late age of the ancient Egyptian civilisation, through displaying the lotus flower.

The other columns represent the Christian era with the columns displaying the acanthus leaf, which are inspired from grapes, with the grape juice representing Jesus’s blood.

The statues of dwarfs

These dwarfs appeared in the New kingdom of ancient Egypt, when they came from Africa.

During this period, the dwarfs had two roles, either as court jesters to entertain the king, or as educated dwarfs serving as scribes and mufflers of royal secrets.

The post Mit Rahina Museum appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2018/12/27/mit-rahina-museum/feed/ 0
Experiences of my Sri Lankan odyssey  https://eklutdvotyzsri.dailynewssegypt.com/2018/12/21/experiences-of-my-sri-lankan-odyssey/ https://eklutdvotyzsri.dailynewssegypt.com/2018/12/21/experiences-of-my-sri-lankan-odyssey/#respond Fri, 21 Dec 2018 19:11:57 +0000 https://www.dailynewsegypt.com/?p=684655 Why would you travel so far to an unknown land? How will it help to build your career? Could not you find a volunteering project in Egypt? These are the questions that I heard before traveling and I thought my volunteering abroad was brown into pieces, but I was determined to take the risk, and …

The post Experiences of my Sri Lankan odyssey  appeared first on Daily News Egypt.

]]>
Why would you travel so far to an unknown land? How will it help to build your career? Could not you find a volunteering project in Egypt? These are the questions that I heard before traveling and I thought my volunteering abroad was brown into pieces, but I was determined to take the risk, and I volunteered in Sri Lanka for 45 days and it was one of the best experiences I have ever had.

A fresh graduate from the University then, I did not know what to do in my life, asking myself too many questions about my passion and what will be my next step. This made me so stressed which prevented me to take any further step in my life. I heard about the volunteering programmes abroad and how it can help me as a person to get over my stress and clear my head, so I decided to volunteer in Sri Lanka. It is an island nation besides India that is not a famous destination for the Egyptians and most people do not know where it exists. I was in charge of conducting English language sessions for the orphans, and vulnerable mates at the SOS village in a city named Galle. At the beginning, communication was difficult as the kids at large failed to maintain decorum in the classroom. They started to scream and shout, they wanted to get out of the class, but I never thought that I will get attached to them so quickly. In spite of all the running around which I had to do, I found common grounds of attachment. The language was no longer a barrier. And our hearts clicked together. Mutual trust premised upon friendly environment allowed me to substitute English language sessions for fun activities to bond further. It was not about teaching them English, it was about making them believe in themselves and they can do anything if they insist on it. In my last day in the SOS village, one of the girls in my class approached to me and gave me her bracelet and said, “Please do not take it off, I want you to remember me”. These words capture my heart immediately and made me forget everything about my life, stress, and problems that was bothering me back in my home.

Experiences of my Sri Lankan odyssey would be incomplete without a worthy mention of my colleagues who belonged to eight different nationalities. It made me feel that I have travelled the world in these 45 days, we talked about our traditions, culture, and ambitions. This made me realise that the world is really small, and you can find someone who can understand you perfectly from different background and religion. Talking about religion, sports, and politics for hours give you the chance to know their way of living which was better than watching many movies about it. However, they widely held notorious cliché about Egypt. They believed Egypt to be a dangerous place to visit. A country full of poverty, illiteracy, and instability. (They only revered Mo Salah which was not a surprise to me). At the end of one of these discussions, one of them told me that he never thought that he will find many people that are well-educated from a country that exists in Africa and, he added that “we should not believe the news because it is really deceiving!” The perception they had about Egypt had seen a massive plunge and I could succeed in substituting truth for deception, and Information for misinformation.

On a whole, to make the long story short. Be it for the society or for yourself. We all have our problems. But they appear minnows once we learn to appreciate them. I realised that the life that I enjoy is a dream to many outsiders. Challenges, and therefore, the opportunities that it brings helps one to adapt to the outstanding situation. When one travels abroad, it opens a new horizon, a new avenue. Personally, I am more than convinced that the 45 days in Sri Lanka were more fulfilling and rewarding than anything else. I firmly voice in favour of taking up volunteering projects abroad.

Wondering why you had not had the experience yet? No worries, this is just the perfect time. Go ahead and shoot!

The post Experiences of my Sri Lankan odyssey  appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2018/12/21/experiences-of-my-sri-lankan-odyssey/feed/ 0
Rooms revenue at Nile Ritz-Carlton up by 22% in 2018 https://eklutdvotyzsri.dailynewssegypt.com/2018/12/20/rooms-revenue-at-nile-ritz-carlton-up-by-22-in-2018/ https://eklutdvotyzsri.dailynewssegypt.com/2018/12/20/rooms-revenue-at-nile-ritz-carlton-up-by-22-in-2018/#respond Thu, 20 Dec 2018 07:39:18 +0000 https://www.dailynewsegypt.com/?p=684515 Occupancy rates at 77%, Dahab hotel to be completed in 2019

The post Rooms revenue at Nile Ritz-Carlton up by 22% in 2018 appeared first on Daily News Egypt.

]]>
The Nile Ritz-Carlton hotel rooms’ revenue rate rose this year by 22% from 2017, as demand increases in Cairo. Amr Attia, chairperson of the Holding Company for Tourism & Hotels (HOTAC), told Daily News Egypt that the price per room this year was EGP 4,233, up from EGP 3,465 last year.

HOTAC’s revenues increased by 57.6% in the fiscal year (FY) 2017/18 to EGP 149.8m, up from EGP 95m in the last FY. The company’s revenues increased during the last FY to reach EGP 462m, against EGP 201.7m in FY 2016/17. Attia noted that average occupancy rates at the Nile Ritz-Carlton in 2018 reached 77%, up from 72% in 2018.

A report issued by Colliers International expected the average spending in Cairo by tourists to increase in 2019-2022 by 16.5% per year.

The report noted that the rooms’ price per night averaged $118 in the current year, up by 34% from 2017.

Attia said that renovations in the company are still ongoing. The company is developing a hotel in Dahab in South Sinai, at a cost of EGP 120m-130m. He added that the financing is funnelled through the company’s own resources, amid the high interest rate of 22%.

He said that there are many investment opportunities being studied by the company at the time being, but the current interest rate limits investment operations in the tourism sector. The number of tourist arrivals in Egypt during the first seven months of the current year reached 6.1 million, up by 41% from the same period last year. The sector is hoping to reach arrivals of 10 million tourists by the end of this year, against 8.3 million last year.

The post Rooms revenue at Nile Ritz-Carlton up by 22% in 2018 appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2018/12/20/rooms-revenue-at-nile-ritz-carlton-up-by-22-in-2018/feed/ 0
Tourism Ministry likely to launch EIS’ promotional campaign H1 2019 https://eklutdvotyzsri.dailynewssegypt.com/2018/12/13/tourism-ministry-likely-to-launch-eis-promotional-campaign-h1-2019/ https://eklutdvotyzsri.dailynewssegypt.com/2018/12/13/tourism-ministry-likely-to-launch-eis-promotional-campaign-h1-2019/#respond Thu, 13 Dec 2018 18:48:53 +0000 https://www.dailynewsegypt.com/?p=683828 Tourism sector's legislative framework needs to be updated: Al-Mashat

The post Tourism Ministry likely to launch EIS’ promotional campaign H1 2019 appeared first on Daily News Egypt.

]]>
Minister of Tourism, Rania Al-Mashat, expected her ministry to launch Egyptian Influencers Summit (EIS) promotional campaign over the first half of 2019.
“Egypt is branding itself, yet few people knows facts about the country that is why we are keen on increasing our presence internationally and launch successful marketing and promotion campaigns to change Egypt’s stereotype abroad,” Al-Mashat added during her speech at an event organised by the American Chamber of Commerce in Egypt (AmCham) on Thursday.
The tourism ministry will inaugurate the Grand Egyptian Museum (GEM) in 2020, affirmed Al-Mashat, adding that GEM will be a fantastic place where many historical monuments will exist with the pyramids in the background.
Additionally, Al-Mashat said that her ministry is implementing a structure reform programme to push the sector forward, noting that this programme includes five main pillars which are institutions reform, promotion, infrastructure, tourism development, global tourism trends, and legislative reforms.
“Achieving the tourism sector’ success requires development of human resources and infrastructure,” Al-Mashat noted, adding that her ministry is cooperating with the education and higher education ministries to ensure that the tourism curriculum are updated and align with the tourism sector’s needs and ethics.
Al-Mashat said that her ministry is also coordinating with international institutions to fill the gab of the expertise in Egypt, including the World Committee on Tourism Ethics for increasing the sector competitiveness through an intensive programme.
The minister pointed out that the sector’s legislative framework needs to be updated as the law was approved since 1970, adding “we need to take a look in the current laws in cooperation with business community and parliament.”

The post Tourism Ministry likely to launch EIS’ promotional campaign H1 2019 appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2018/12/13/tourism-ministry-likely-to-launch-eis-promotional-campaign-h1-2019/feed/ 0
Promoting tourism on top of government’s priorities: Al-Mashat https://eklutdvotyzsri.dailynewssegypt.com/2018/12/10/promoting-tourism-on-top-of-governments-priorities-al-mashat/ https://eklutdvotyzsri.dailynewssegypt.com/2018/12/10/promoting-tourism-on-top-of-governments-priorities-al-mashat/#respond Mon, 10 Dec 2018 18:57:38 +0000 https://www.dailynewsegypt.com/?p=683462 40% increase in number of visitors to Egypt y-o-y, says tourism minister

The post Promoting tourism on top of government’s priorities: Al-Mashat appeared first on Daily News Egypt.

]]>
Minister of Tourism, Rania Al-Mashat, said that promoting tourism comes on the top of Egypt’s priorities currently, stressing that her ministry is in ongoing talks with the private sector, which owns about 98% of the tourism sector in Egypt, to solve any problems facing them.

During her participation in a session entitled ‘Tourism in Africa,’ within the activities of the ‘Africa 2018 Forum’ in Sharm El-Sheikh, she added that Egyptian tourism is one of the largest contributing sectors to the country’s economic growth. Tourism revenues represented about 20% of Egypt’s GDP at the end of the first quarter of this fiscal year, while the number of foreign visitors increased by 40% year-over-year (y-o-y).

Al-Mashat noted that the tourism sector creates more jobs than any other sector, especially during boom seasons.

“We are working on many institutional reforms within the ministry, as well as offering training programmes abroad for the ministry’s staff, with the aim of developing local tourism to match global developments,” she said.

Al-Mashat further added that the ministry is working on reforming and updating current tourism-related legislation. It also develops online marketing of Egypt’s tourism.

The minister said that African tourism suffered from deterioration until 2016, but there has been a boom in the last two years with a significant increase in tourist nights.

Tourist experts previously told Daily News Egypt that the shortage of promoting tourism is the main challenge facing Egyptian tourism.

Thebeetsile Ikalafeng, a member of the board of directors of the South African Tourism Agency, highlighted that the biggest challenge facing tourism in Africa is the absence of technology in the sector, urging the necessity of facilitating movement among African countries using technology.

Ikalafeng also stressed the need to study the cultures of different African countries so as to promote each one in a creative and unique way.

The post Promoting tourism on top of government’s priorities: Al-Mashat appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2018/12/10/promoting-tourism-on-top-of-governments-priorities-al-mashat/feed/ 0
Tourism sector contributes 20% to Egypt’s GDP: Al-Mashat https://eklutdvotyzsri.dailynewssegypt.com/2018/12/02/tourism-sector-contributes-20-to-egypts-gdp-al-mashat/ https://eklutdvotyzsri.dailynewssegypt.com/2018/12/02/tourism-sector-contributes-20-to-egypts-gdp-al-mashat/#respond Sun, 02 Dec 2018 15:36:17 +0000 https://www.dailynewsegypt.com/?p=682684 Only shortcoming Egypt presently faces is failure to promote tourism in a creative manner, says expert

The post Tourism sector contributes 20% to Egypt’s GDP: Al-Mashat appeared first on Daily News Egypt.

]]>
The tourism Minister, Rania Al-Mashat, stated that that the tourism industry contributed 20% to Egypt’s GDP this year.

Al-Mashat said during the Al-Ahram third annual economic conference that the sector is connected to about 70 subsidiary industries, which reflects the importance of this sector.

Notably, AL-Mashat previously said that the number of tourists visiting Egypt jumped by 30 % during the first quarter of 2018 compared to last year, asserting that that tourism currently represents 15% of the total income sources of the national economy.


During the conference, Al-Mashat pointed out that the global tourism sector has been in recovery since the end of 2016, especially with the high demand by people to visit new areas, due to their recent great enthusiasm to explore new places.

She confirmed that the political leadership is interested in removing all the challenges facing the tourism sector.

By asking the former head of Egypt’s Federation of Tourism Chambers, Elhamy al-Zayat, about the obstacles that still face the tourism sector in Egypt, and how to face them, he stated that in 2010 the tourism sector was exponentially growing, then after the 2011 revolution the sector suffered to a great extent then it suffered most in 2016, especially when a Russian passenger plane crashed in Sinai in late October 2015, where all its onboard passengers were killed.

He explained that in order to restore the tourist numbers to pre-2010, the government has to launch a creative marketing campaign to promote tourism in Egypt.

He mentioned that Egypt has already developed its airports, hotels, tourist services, safety measures compared to the period after the revolution, affirming that Egypt’s tourism sector needs more efforts, in order to attract new tourist nationalities. He indicated that the only shortcoming and challenge that Egypt presently faces is the failure to promote tourism in a creative, unique manner.

The post Tourism sector contributes 20% to Egypt’s GDP: Al-Mashat appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2018/12/02/tourism-sector-contributes-20-to-egypts-gdp-al-mashat/feed/ 0
Egypt’s Red Sea ranked world’s third best scuba diving destination: DIVE https://eklutdvotyzsri.dailynewssegypt.com/2018/11/25/egypts-red-sea-ranked-worlds-third-best-scuba-diving-destination-dive/ https://eklutdvotyzsri.dailynewssegypt.com/2018/11/25/egypts-red-sea-ranked-worlds-third-best-scuba-diving-destination-dive/#respond Sun, 25 Nov 2018 17:20:35 +0000 https://www.dailynewsegypt.com/?p=682032 Website also highlighted Ras Mohammed, describing it as undoubtedly one of finest diving sites on planet

The post Egypt’s Red Sea ranked world’s third best scuba diving destination: DIVE appeared first on Daily News Egypt.

]]>
The scuba diving magazine, DIVE, ranked Egypt’s Red Sea third in terms of global scuba diving destinations in its annual DIVE Travel Awards which are decided by readers’ votes. Indonesia and the Philippines were named first and second, respectively.

After coming in at sixth place last year, Egypt climbed the ranks ahead of the likes of Fiji, Australia, the Solomon Islands, the Galápagos Islands, and the Maldives.

The Egyptian Red Sea has over 400 recorded coral species, several hundred species of fish (20% of which are endemic), stunning reefs, dramatic walls, and an established dive industry, stated DIVE magazine.

The announcement of the results on DIVE’s website also came with a few particular highlights including Ras Mohammed, describing it as undoubtedly one of the finest diving sites on the planet.

Ras Mohammed is Egypt’s oldest national park and constitutes a 480 sqm sanctuary for a proliferation of corals and marine life.

DIVE also highlighted The Brothers offshore islands which offer high-energy diving, and St. John’s Reef as hotspots for diving fanatics.

The Red Sea is renowned for its reefs, which remain stable and healthy at a time when other major systems are suffering from the effects of climate change and marine pollution.

“In total, the reefs of the Red Sea support more than 220 different species of hard and soft coral. Together, these corals provide the basis of an ecosystem that offers both food and shelter to over 1,100 species of fish, almost a fifth of which are found nowhere else on Earth,” according to TripSavvy’s report.

The post Egypt’s Red Sea ranked world’s third best scuba diving destination: DIVE appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2018/11/25/egypts-red-sea-ranked-worlds-third-best-scuba-diving-destination-dive/feed/ 0
40%, increase in number of tourists to Egypt in first 9 months of 2018: Al-Mashat https://eklutdvotyzsri.dailynewssegypt.com/2018/11/13/40-increase-in-number-of-tourists-to-egypt-in-first-9-months-of-2018-al-mashat/ https://eklutdvotyzsri.dailynewssegypt.com/2018/11/13/40-increase-in-number-of-tourists-to-egypt-in-first-9-months-of-2018-al-mashat/#respond Tue, 13 Nov 2018 17:12:14 +0000 https://www.dailynewsegypt.com/?p=680922 German tourists rank 1st followed by British tourists, Ukraine tourists, says Al-Zayat

The post 40%, increase in number of tourists to Egypt in first 9 months of 2018: Al-Mashat appeared first on Daily News Egypt.

]]>
The Minister of Tourism, Rania Al-Mashat, said that the number of tourists to Egypt increased by 40% during the first nine months of 2018, compared to the same period last year, recovering from a slump that began with the Arab Spring and continued as unrest persisted.

“We expect that by the end of 2018, we awill not be at the levels that we saw in 2010, but we are approaching that,” Al-Mashat continued during her interview with Bloomberg TV.

“The rebound is quite steep, and we are trying to put the industry on a competitive base compared to our peers,” she said.

Al-Mashat ensured that the government plans to use this improvement in tourism to encourage investments in the Red Sea islands, as well as into a new private equity fund to upgrade Egyptian hotels.

The minister talked also discussed the importance of tourism to the Egyptian economy, underlining that tourism revenues accounts for 20% of its profit.

Finally, the minister insisted that the government is trying to diversify its tourist base, targeting travellers from Asia and Latin America.

In that context, the former head of Egypt’s Federation of Tourism Chambers, Elhamy El-Zayat told Daily News Egypt, that it is crucial to diverse the tourist base, highlighting that the map of the tourists coming to Egypt has changed, stating that before the 2011 uprising, Russian tourism was ranked number one on Egypt’s touristic map, followed by British and German tourism.

“On the contrary, now German tourists are ranked number one, followed by British tourists and then Ukraine tourists, in terms of tourist numbers,” El-Zayat added.

He elaborated that in order to retrieve the number of the tourists pre-2010, the government has to launch a marketing campaign to promote tourism in Egypt.

El-Zayat explained that before the 2011 uprising, tourism in 2010 was growing briskly, but then after the 2011 uprising, tourism suffered significantly, then it suffered the most in 2016, especially when a Russian passenger plane crashed in Sinai in late October 2015 and all its onboard passengers were killed.

The post 40%, increase in number of tourists to Egypt in first 9 months of 2018: Al-Mashat appeared first on Daily News Egypt.

]]>
https://eklutdvotyzsri.dailynewssegypt.com/2018/11/13/40-increase-in-number-of-tourists-to-egypt-in-first-9-months-of-2018-al-mashat/feed/ 0