Egypt’s Hotels Worst Hit in MENA Region Amid COVID-19: Colliers

• Wednesday, 25th November 2020
• by Invest Gate

Colliers International’s latest MENA Hotels Quarterly Review (Q3 2020) shows that Egyptian hotels have been the region’s worst-hit so far by COVID-19, with occupancy going down at least 50% during this year, despi ...

Egyptian Hotel Market Sees 34% Growth in Q1 2019: Colliers

• Tuesday, 14th May 2019
• by Invest Gate

Colliers International's "MENA Hotel Forecasts" 2019 report has presented a positive outlook for the performance of the Egyptian hotel market, asserting that the country's hotel market has witnessed 34% growth in ...

Egypt’s Tourism Industry to Upturn in 2019

• Monday, 11th February 2019
• by Invest Gate

Colliers International MENA Hotel Forecast for 2019 has uncovered that Egypt's tourism industry will witness a boom this year, forecasting the Red Sea resorts of Hurghada and Sharm El Sheikh to become tourist hot ...

Egyptians Make Up Majority of Second Home Market

• Thursday, 11th May 2017
• by Fatma Khaled

Egyptians are taking up the lion’s share of the country’s second home market with foreign investors only accounting for 2%, Invest-Gate reports.

Fall in Saudi Construction Costs to Ease -Colliers

• Wednesday, 30th November 2016
• by Karim Mohy

The decline in Saudi construction costs might be easing soon, though tough market conditions are set to prevail, according to a report by consultancy Colliers International.

Egypt’s Annual Housing Shortage at 300,000 Units -Lafarge

• Wednesday, 16th November 2016
• by Karim Mohy

Egypt needs a major expansion plan for housing and infrastructure to tackle the annual shortage of residential units, which has recorded 300,000 units per year, according to Lafarge Egypt Country CEO Hussein Mansi.

Colliers: Housing Demand Expected to Grow

• Tuesday, 20th September 2016
• by Fatma Khaled

Demand on residential units is expected to increase to approximately 115,000 units per year, according to Ian Albert, the Regional Director at Colliers International Middle East and North Africa.