Egypt's CBE issues EGP5b FRN T-bonds    EHA launches national telemedicine platform with support from Egyptian doctors abroad    Madbouly reviews strategy to localize pharmaceutical industry, ensure drug supply    Egypt's real estate market faces resale slowdown amid payment pressures    Al-Mashat tells S&P that Egypt working to reduce external debt, empower private sector    Cairo's real estate market shows resilient growth as economy stabilizes: JLL    Egypt's Foreign Minister, Pakistani counterpart meet in Doha    Egypt condemns terrorist attack in northwest Pakistan    Emergency summit in Doha as Gaza toll rises, Israel targets Qatar    Egypt renews call for Middle East free of nuclear weapons، ahead of IAEA conference    Egypt's EDA, Korean pharma firms explore investment opportunities    Egypt's FM heads to Doha for talks on Israel escalation    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Red Sea Tourism Rises After Germany Lifts Travel Warning: Hotels Chamber
Published in Amwal Al Ghad on 13 - 07 - 2014

Occupancies in hotels along the Red Sea and South Sinai increased following the German foreign ministry's decision to lift travel warnings to Sharm El-Sheikh at the end of last week, said Hany Al-Shaer, vice president of Egypt's Chamber of Hotels.
He added that occupancies in Hurghada approached 80% at the end of last week while occupancies in Sharm El-Sheikh increased to 35%.
The ministry's lifting travel warnings to the city of Sharm El-Sheikh last weekend boosted travel to tourist areas in Egypt, according to El-Shaer.
The German Ministry of Foreign Affairs issued the travel warnings as a result of the deaths of three tourists last February in a attack targeting a bus close to the Taba border.
Last week, occupancies in Sharm El-Sheikh hotels did not exceed 30%, said Al-Shaer, who adding that Europe is a very important tourism market for Egypt and represents 72% of tourism traffic annually.
Egypt's hotel capacity is valued at 225,000 rooms, 62,000 of which are located in South Sinai, 69,000 in the Red Sea governorate, 30,000 in Cairo, and 17,000 in Luxor and Aswan. The remaining hotel capacity is divided among the cities of the North Coast and the Canal.
Al-Shaer feels that occupancies last month in Hurghada were much higher than other areas in Egypt, especially South Sinai and Cairo.
Despite the increased occupancy in Hurghada, the capital city of the Red Sea governorate, occupancies in Marsa Alam reached only 40%,said the president of the Tourism Investors Association, Adel Rady.
Marsa Alam's hotel capacity is approximately 20,000 rooms according to Rady, saying: "The area is promising for attracting tourists from Southern Europe, especially Italy and France, and we are working to compete with Sharm El-Sheikh."
According to Rady, 98% of tourists visiting the area are foreigners and rates for Egyptian visitors are very low.
He believes that launching an air route to Marsa Alam from Cairo will increase the influx of Egyptians, especially throughout the summer months, which are Egyptian's primary tourism season.
Egypt is working to increase communication with European tourism companies to convince European countries to lift travel warnings to the Sinai Peninsula, said Ahmed Shoukry, president of the International Tourism Sector at the Ministry of Tourism.
"Germany is a leading market for tourism to Egypt and the European countries consider it the focal point of travel to Egypt," he said.
According to Egypt's Ministry of Tourism, Germany accounted for 850,000 tourists last year, bringing in more than $650 million in tourist revenues.
Source: Daily News Egypt


Clic here to read the story from its source.