In Cairo, occupancy increased to above 50% whilst ADR remained flat. The performance can be attributed to the return of international visitors to Egypt after the political unrest of late 2013 and early 2014. Travel resulting from Eid al-Adha also aided performance in the market. Hotel values still achieved a respectable 18.6% increase in 2015, although remain below the levels in 2011.
Cairo will experience a slight recovery. The increased demand in corporate guests from the Middle East and Europe will boost the demand up by 6%. The hotels should give priority to occupancy and the ADR will remain stable in real terms. 2016 was a recovery year in Cairo; values shot up to US$78k, the highest figure experienced since 2011.