Hotel sector

New 25,000 hotel rooms to open in next few months: Tourism Minister

Wed, 18 Oct 2023 - 01:58 GMT

Tourism minister also highlighted the significant growth opportunities within Egypt's tourism sector especially the hotel industry, which will contribute to achieving the target of having 400,000 hotel rooms by the end of 2028

Egypt's real estate & hospitality industries to recover: JLL report

Wed, 19 Apr 2023 - 03:47 GMT

JLL’s Cairo Real Estate Market Overview Report for Q1 2023 predicts that the expected FDI inflow will relieve pressure on real estate activities across the country, particularly in Cairo

Pharos keeps overweight on Orascom Development, FV at LE 17.05

Wed, 16 Aug 2017 - 07:00 GMT

Orascom Development Egypt’s sales surged 96 percent year-on-year and 187.9 percent quarter-on-quarter to LE 533.4 million in the second quarter.

Orascom Development Egypt revenues hike 76.9% in H1

Tue, 15 Aug 2017 - 02:24 GMT

The hotels segment’s revenues hiked 145.2 percent to LE 448.8 million, rising from LE 183 million in H1 of 2016.