Cairo’s hospitality stock reached about 28,400 keys. In Q2 with the opening of the 860-keys Giza Palace Hotel and Spa in West Cairo and Hayatt Centric Hotel Cairo West.
There has been a notable interest from Egyptian developers to create their own home-grown hospitality brands as part of mixed-use developments.
Egypt’s tourist arrivals increased by 24% in the first half of the year, welcoming 8.7 million visitors, demonstrating a robust performance.