Colliers International

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

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

    Wednesday, 25 November 2020

    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, despite the resumption of international flights and reopening of prime tourism spots.

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

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

    Tuesday, 14 May 2019

    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 Q1 2019

  • Egypt’s Tourism Industry to Upturn in 2019
    Investment

    Egypt’s Tourism Industry to Upturn in 2019

    Monday, 11 February 2019

    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 spots in 2019, with anticipated growths of 13% and 12%, respectively, in revenue per available room (RevPAR).

  • Egyptians Make Up Majority of Second Home Market
    Developers Construction

    Egyptians Make Up Majority of Second Home Market

    Thursday, 11 May 2017
    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

    Fall in Saudi Construction Costs to Ease -Colliers

    Wednesday, 30 November 2016
    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
    Construction

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

    Wednesday, 16 November 2016
    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

    Colliers: Housing Demand Expected to Grow

    Tuesday, 20 September 2016
    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.