Cairo’s hos­pi­tal­ity scene is on a grow­ing im­prove­ment curve

Hospitality News Middle East - - NEWS -

Ac­cord­ing to EY’S Mid­dle East Ho­tel Bench­mark Sur­vey Re­port, Cairo’s hos­pi­tal­ity mar­ket wit­nessed the best per­for­mance in the first nine months of 2018, with oc­cu­pancy grow­ing by six per­cent year on year to al­most 71 per­cent. Room yields (REVPAR) grew by 17 per­cent, and av­er­age room rates grew by seven per­cent to reach USD 103.

Newspapers in English

Newspapers from Lebanon

© PressReader. All rights reserved.