Hotel room rates in Egypt rise by 35% due to high occupancy rate
Egypt aims to attract 15 million foreign tourists in 2023, exceeding the previous record of 14.7 million tourists in 2010.
29 August 2023
29 August 2023
Egypt aims to attract 15 million foreign tourists in 2023, exceeding the previous record of 14.7 million tourists in 2010.
With this multimillion-pound investment, the dated Cutlers hotel is expected to be transformed into an all-suite hotel.
Lords Inn is positioned as a business hotel with 58 contemporary rooms & suites.
The hotel boasts of 14 deluxe rooms overlooking the beach, ocean, and coconut grove.
The three projects are Anant Vilas Hotel, in the Indian city of Mumbai; Stoke Park, in the UK and a planned hotel in the Indian state of Gujarat.
The expansion aims to add 3,700 acres of terrain to the ski-only resort situated in the Wasatch Mountains of Park City of Utah.
The proposal seeks making changes to existing buildings to create nine bedrooms and also construct a new extension to add 17 more bedrooms.
The Marlborough Sounds property in New Zealand overlooks Kenepuru Sound and is close to the Queen Charlotte Track.
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The increased need for privacy, a greater focus on health and wellbeing, a desire to tick off ‘bucket list’ experiences, the tendency to take longer trips, the focus on eco-tourism, and an increase in millionaires means the theme of premiumization will continue to grow in importance. The travel industry will experience a surge in demand for higher-end and customized offerings as experiential consumption keeps growing. While premiumization attracts only a small number of global travelers, it is a valuable revenue stream for companies as it is unlikely to be impacted by external factors like economic downturns.
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