Egypt’s hotel room revenues likely to grow 25% in 2019 – Report

Cairo – Mubasher: Egypt’s hotel market has posted robust growth during the first four months of 2019, according to a recent report released by Colliers International.

Hotel room revenues in the North African nation grew by 29% year-on-year from January to April, the report showed.

Several countries have lifted travel ban on the country leading to increasing demand for the Egyptian tourism market.  

Colliers International expects the average room revenues in Egypt to rise by 25% year-on-year in 2019. 

Mubasher Contribution Time: 17-Jun-2019 09:07 (GMT)
Mubasher Last Update Time: 17-Jun-2019 09:10 (GMT)