YOUR TRUSTED POINT OF ACCESS INTO EGYPT’S MULTI-BILLION DOLLAR FOOD & HOSPITALITY MARKET
The Food & Hospitality Show Egypt is a fast-track ticket into the Egyptian food and hospitality market. The exhibition will provide global suppliers of compelling F&B, FFE and technology with a trusted point of access to high-volume buyers from Egypt’s multi-billion dollar food and hospitality market. Over 5,000 local hoteliers and restaurateurs, architects and interior designers, food retailers, food manufacturers and domestic importers, distributors and wholesalers are expected to attend the event to source new products for their ongoing and upcoming projects in the region.
Egypt’s food imports from Russia accounted for $1.73 billion, almost 44 percent more compared to the previous year. Due to Egypt’s high consumption of bread, 82 percent of the country’s food imports from Russia was wheat.
Rixos Hospitality Egypt announced the appointment of Erkan Yildirim as member of the board of directors and managing director. In his new role, Yildirim will oversee the future growth and overall operations of the three Rixos properties in Egypt.
Tourism sector sees remarkable improvements, our performance numbers reflect this: Hilton Luxor general manager
The General Manager at Hilton Luxor Resort and Spa, Florian Gruhl, told Daily News Egypt that the tourism sector has seen remarkable improvements and that their performance numbers reflect this. Daily News Egypt sat down for an interview with Gruhl, who talked about Hilton’s plan in the coming five years, especially, after they received TripAdvisor’s.
Egypt is the most investible economy in Africa. A report by Biznews placed Egypt as the most powerful economy in the continent and the most attractive for investment, beating South Africa.
Sharm El-Sheikh, Hurghada hotels named touristic hotspots; 18%, 13% forecasted growth respectively: Colliers
Sharm El-Sheikh and Hurghada hotels were named touristic hotspots by Colliers International, with a forecasted growth of 18% and 13% respectively in revenues per available rooms (RevPAR). While in the Egyptian capital case, Cairo maintained a 9% forecasted RevPAR growth in the same period, the report states.
Hyatt Hotels Corporation announced today that nine additional Hyatt-branded hotels are expected to open in Africa by the end of 2020. Hyatt Regency Cairo West, Egypt will be the second Hyatt-branded hotel in Egypt and will mark the return of the Hyatt flag to Cairo.
Emaar has launched, Marassi Bay Villas, a new high-value investment opportunity for international investors seeking assured returns on high-end real estate.
Hilton Worldwide plans to include 2,390 new rooms to its portfolio of the units it manages in Egypt through opening nine new hotels in the coming five years, with plans to expand in the Upper Egypt region and other governorates.
Vis Mundi Ltd., an investment company operating in the FMCG sector of selected high growth emerging markets, announced its full subscription to the latest round of capital increase in EgySwiss Group (EgySwiss), raising its shareholding to a controlling stake.
Ali El-Menestarely, head of Alexandria's Tourism Chamber, said that the occupancy rate of the governorate's hotels reached 98 percent, amid January celebrations.
Rixos Hotels’ portfolio of properties in Egypt play a central role in transforming the tourism framework of Egypt, specifically Alamein and Sharm El Sheikh where the luxury hotel chain currently operates three properties stated Erkan Yildirim, Board Member and Managing Director of Rixos Hospitality Egypt.
Omar Abdelaziz, head of the Commercial Sector for Business Development in Raya, said that the sector of food industries and agricultural manufacturing is one of the important sectors in Egypt’s economy, given that it is basic and contributes to securing food.
Egyptian companies are interested in increasing their interaction with the European market by expanding their participation in international exhibitions, looking for new customers in countries of the EU, and modernising their machines to comply with European standards.
Nozha Group signs partnership agreement with Time Hotels to manage Time Nozha Beach Hotel, Resort Ras Sudr
Nozha Group organised a ceremony for the signing of a partnership agreement between Nozha Beach, one of Group’s companies, and Time Hotels for hotel and resort management, in order to handle Nozha Beach Hotel and Resort Ras Sudr.
Tatweer Misr signed a memorandum of understanding with international hotel operator Kerten Hospitality to develop seven hotels, reported Daily News Egypt. These include Cloud7 Hotel and Residence.
Marriott International is reinforcing its commitment to Egypt with the launch of Tahseen, a hospitality training program developed in response to a growing need for talent within the industry.
The Sheraton Cairo Hotel & Casino reopened recently after extensive renovations to reveal modern interiors, refreshed public spaces and innovative dining concepts.
Steigenberger Hotels and Resorts is growing its portfolio in Egypt, with the opening of the chain’s 12’s property in the country, The Steigenberger Pure Lifestyle in Hurghada.
Minister of Tourism Rania al-Mashat, promised that Egypt’s leading source of income will flourish back in a different way under several undergoing reform programs based on modern technology that will help speed the process in a “sophisticated way.”
Confidence and investment are flooding back into Egypt’s food and hospitality sectors and they deserve a genuinely international platform to share knowledge and source the innovative products and solutions that’ll be required to fuel this period of renewed growth. This event will provide just that: a concentrated meeting place for all industry stakeholders – be it investors, hospitality and foodservice operators, manufacturers, retailers or product suppliers – to forge new partnerships and capitalise on this economic success story.