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WUZZUF Just Upped their Game to a Whole New Level

Egypt’s Hotels Reach Highest Occupancy Rates since 2010

Things are looking pretty grand for the country’s slowly recovering tourism sector.

We’re going to spare you the stale spiel about how Egypt’s tourism sector has been suffering for years, and instead, get straight into the juicy bits for once; in a record return to proper form, Egypt’s first quarter (as in the first three months of the year) hotel occupancy rates have pretty much skyrocketed to relatively record highs in almost eight years.

“Do you have any numerical evidence? I have a thing for numbers, they make me feel whole.” Of course we do, Manal. According to some nifty data from STR Global – an online database for hotel market data & benchmarking – hotel occupancy in our first quarter has risen year-over-year by 21.2% to reach a current high of 60.1%, with the average daily rate rising by 11.8% to about EGP 1291.72. RevPAR (Revenue Per Available Room) values are pretty promising as well, rising by 35.5% to EGP 775.69, thanks to the burgeoning tourism markets of Sharm El Sheikh (+8.49%) and the Cairo/Giza joint touristic region (+14.7%). This steadily climbing boost is expected to soar even higher, owing to the resumption of Russian flights to Egypt after a two particularly long years.

So pretty great news all around for all of us (even you, Manal). With any luck, occupancy rates as well as tourism revenues in general can reach even higher marks, bringing back the good old days of the country’s once-legendary tourism status.

Photo by MO4Network


Todays Events
Do'souka @ ROOM Art Space
Concerts
Date: 11/17/2018
Time: 9:00pm - 11:00pm
Venue: Room Art Space
CineMania    @    The   Marquee
Concerts
Date: 11/17/2018
Time: 9:00pm - 11:30pm
Venue: The Marquee
Saturday     L'Oriental  @ Cairo Jazz Club
Bars
Date: 11/17/2018
Time: 10:00pm - 3:00am
Venue: Cairo Jazz Club
Ahmed Nazmi @ The Tap West
Bars
Date: 11/17/2018
Time: 10:00pm - 12:0am
Venue: The Tap West
Online African Film Fest. @ Cairo Opera House
Festival
Date: 11/17/2018
Time: 6:30pm - 10:30pm
Venue: Cairo Opera House
Brunch n' Chill ft. Bakir @ CJC 610
Bars
Date: 11/17/2018
Time: 2:00pm - 8:00pm
Venue: Cairo Jazz Club 610
The Dancing Canvases @ Mashrabia Gallery
Exhibitions
Date: 11/17/2018
Time: 11:00am - 9:30pm
Venue: Mashrabia Art Gallery
Funky Disco Brunch @ ALIBI
Bars
Date: 11/17/2018
Time: 2:00pm - 6:00pm
Venue: Alibi Bar & Restaurant