CAIRO: Arab, Egyptian and foreign bookings have raised the occupancy rates at Sharm el-Sheikh resorts during Eid al-Fitr to 100 percent for the first time since the January 25 Revolution; demand was so high hotel room prices were raised 25 percent, according to the Egyptian Tourism Authority’s Ahmed Shokry in comments to CNBC Arabia Tuesday.
“Promotional campaigns launched by the Ministry of Tourism starting last May in the Arab countries had a positive impact on the high rates of occupancy,” he said.
Hani Suleiman, Egyptian Hotel Chamber undersecretary in the South Sinai Governorate, also said that occupancy rates had registered 100 percent in about 190 Egyptian hotels during Eid and Egyptians accounted for 25 percent of reservations, CNBC Arabia reported.
Mohammed Goda, director general of the Ministry of Tourism’s Suez governorate office, said that occupancy rates in the Ain Sokhna region from Monday through Thursday reached 80 percent, compared to just 55 percent in the same period last year, Al-Masry Al-Youm reported Tuesday.
“Besides the intensive booking rates of Arabs and Egyptians, decisions made by a number of European countries to lift travel bans to Egypt could keep high rates of reservations and tourism flowing in the upcoming period,” he said.
Rates of occupancy and hotel bookings will soar in the near future after a number of European countries and the U.S. decided to lift travel bans on Egypt due to improvements in the security situation, Hisham Ali, the head of the Tourism Investors Association in South Sinai governorate told Youm7 Sunday.
The U.S., Germany, Italy, Denmark, Ireland, France and Spain lifted travel bans on Egypt in mid–July.
Tourism Minister Hisham Zaazou announced tourism visits have recorded a 25 percent decline during the first half of the current fiscal year, totaling only 4.5 million tourists compared to 5.9 million tourists the same period a year earlier, Al-Shorouq reported on July 20.
Egypt’s tourism sector revenues in the same period edged down 24.7 percent, registering only $3 billion in comparison with $4.4 billion the year before, Zaazou said.