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Egypt’s Red Sea hotels see occupancy drop to 57 per cent after Maspero violence
Clashes during the country's peak holiday season send occupancy rates tumbling, with seaside resorts and Cairo hotels both feeling the pain
Ahram Online, Monday 17 Oct 2011
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Sharm El-Sheikh
The Red Seas resort of Sharm El-Sheikh in happier and more prosperous times (Photo: Reuters)

Hotel occupancy rates at Egypt’s Red Sea resorts have dropped to 57 per cent from 76 per cent due to last week’s clashes between the army and Coptic protesters at Maspero, according to Osama El-Ashry, a top official at the Ministry of Tourism.

He added that Cairo hotels were the biggest losers due to their proximity to Tahrir Square, reflected in occupancy rates that haven't exceeded 15 per cent  as opposed to the 100 per cent seen during winter seasons in previous years.

The winter tourist season in Egypt, which starts in September/October, is considered the peak season for the industry that is Egypt’s top foreign currency earner, generating US$12.5 billion in 2010.

Hotels in Luxor and Aswan didn’t escape the negative effects of the clashes, and some major hotels laid off more that 25 per cent of their employees due to deteriorating occupancy rates.

Ashry forecast tourism revenues would fall by more than $3.5 billion in 2011. Earlier in September, Egypt’s tourism minister predicted tourist numbers were likely to finish the year 25 per cent down on 2010 figures.



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joan cove
18-10-2011 12:31pm
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drop in guests at hotels
another reason for drop could be that prices have nearly doubled i was going to go back in jan/feb but cant afford the increased prices
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anon
18-10-2011 12:12pm
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be happy, keep lying
real occupancy in egypt hotels in less than 25% in most cases. ask hotel managements. and according to govt it is more than 60%. keep saying everything is alright, it will never be. accept the problems, and try to solve it.
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expat
18-10-2011 12:10pm
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happy?
Hi thats the average occupancy,some are over,more are under this figure and it lasts now for more than 8 months wokring in this field is no fun at the moment
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patkar
17-10-2011 03:53pm
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be optimistic
don t look from the wrong side, be happy, and your title should be like : ""red sea hotel welcome a 57 % occupancy"" so much better than what it could have been feared ! Be happy , it s going to be allright
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