Tourists, hotel chains are returning to Egypt
Egypt, Turkey, and Tunisia are making a comeback as popular tourist destinations after a period of political instability marked with terror attacks over the past few years, according to Expatica. “A period of relative calm has tempted tourists to set their fears aside and rediscover these classic destinations, lured by the promise of sun, sea and rock-bottom prices.”
Major hotel brands are also flocking to Egypt and “working to sure up their footprints” in the country as tourists gradually return. “Nowhere is the coming hotel boom in Africa more evident than it is within Egypt’s project pipeline…there are presently 52 projects in Egypt’s hotel construction pipeline” that are expected to add 19,466 hotel rooms once complete by 2021, says Hospitality Net. Hilton had recently announced, following the launch of its new 593-room facility in Heliopolis, that it was planning to open Africa’s first Waldorf Astoria in Cairo later this year.