Go Bus tourist transport company is set to increase its prices by EGP 10 on all trips starting from the Eid holiday, before raising the prices again to offset the losses it incurred following the flotation of the pound that hiked prices of spare parts and maintenance costs.
Maher Nassif, chairperson of the company, said his company had given up 50% of its profits this current year following the flotation, as it could not raise the prices with the same value of the flotation in order to keep its clients.
He added that the company will raise ticket prices by EGP 10 for all trips starting next week.
Nassif said that the price per ticket from Cairo to Hurghada or Sharm El Sheikh start from EGP 95 to EGP 280, while the price from Cairo to Marina ranges between EGP 130 and EGP 160. The price from Cairo to Marsa Matrouh is set at EGP 120.
Ticket prices from Cairo to Alexandria begin at EGP 55 to EGP 70, and EGP 115 to EGP 185 from Cairo to Dahab.
Nassif pointed out that the company will have 20 additional trips on Eid days to Marsa Matouh, the North Coast, Hurghada, and Sharm El-Sheikh due to the high demand for reservations, especially to the Marsa Matrouh governorate, which alone, will see the addition of six more trips.
He noted that the company has launched its Cairo-Dahab line and plans on opening new lines to other tourist destinations, especially as the seasonal lines are only active for specific times, such as the North Coast and Marsa Matouh.
Nassif also said that the company has added 25 new MCV buses with investments of EGP 100m last week.
He added that the company is negotiating with Saudi Arabia to transport pilgrims into the country next season and is currently expecting a reply from the kingdom after the end of the current season.
Nassif stressed that the tourism transport industry is currently suffering from the high cost of buses, including imported models and locally assembled ones, next to the surge in prices of spare parts, which hinders renewing the fleets of the companies.
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Showing posts with label North Coast. Show all posts
Showing posts with label North Coast. Show all posts
Sunday, 25 June 2017
EGYPT: Alexander Hotel Bookings Rise Up
The bookings of Alexandria hotels for the celebrations of Eid Al-Fitr have reached 100%. Many citizens tend to spend the Eid holiday in Alexandria, as an escape from the high temperature in Cairo and other governorates.
Antonio Ghazal, the former head of the Egypt Hotels Association (EHA) in Alexandria, said that summer is considered an important season in Alexandria, where occupancies go up to 100%, which increases prices by 50%.
He explained that the prices of rooms start at EGP 2,500 per person and increase based on the number of stars, the location, and the demand of citizens—where the hotels overlooking the sea are usually more expensive.
He stressed that the Eid Al-Fitr holiday coinciding with the summer greatly increases hotel occupancy by Egyptians, where foreigners and Arabs represent only 5% of occupants.
Ghazal pointed out that occupancies will see a rise starting next week in Alexandria, the North Coast, and Marsa Matrouh, adding that a slight decline will take place after Eid before recovering.
He demanded the government of Alexandria to make more efforts to take the governorate out of the frame of seasonal tourism and turn it into one with tourism all year long, allowing investors to invest in it throughout the year.
He said that the means of reaching Alexandria, Matrouh, and the North Coast are easily available, whether by air, sea, or land, which helps the government pay more attention to them.
Hisham El Abd, vice head of the EHA, said that some Alexandria hotels have closed booking until the end of the season because of a shortage in vacant rooms. He explained that the week of Eid will see the highest occupancy.
He said that the flotation of the pound has resulted in a 100% increase of prices for local products used by hotels and offered to customers, so compared to previous years, this year will witness a noticeable increase.
He added that citizens resort to renting chalets when they do not find empty rooms in hotels, and their prices are usually less than hotels.
He revealed that the summer season increases employment in hotels by no less than 50% compared to winter, which witnesses the closing of many hotels.
The director of bookings at the Steigenberger Cecil hotel said that the prices in his hotels start at EGP 1,800 per person.
He explained that there is a 50% increase in prices compared to last year due to the devaluation of the Egyptian pound.
The bookings director at Four Seasons Hotel in Alexandria said that the price of a room in the hotel starts at EGP 5,000, excluding meals, with an unspecified increase over last year’s price.
He added that there are no vacant rooms over next week, while bookings during the week after will range between 50% and 60%. The hotel also seeks to attract guests by providing shows and concerts.
Antonio Ghazal, the former head of the Egypt Hotels Association (EHA) in Alexandria, said that summer is considered an important season in Alexandria, where occupancies go up to 100%, which increases prices by 50%.
He explained that the prices of rooms start at EGP 2,500 per person and increase based on the number of stars, the location, and the demand of citizens—where the hotels overlooking the sea are usually more expensive.
He stressed that the Eid Al-Fitr holiday coinciding with the summer greatly increases hotel occupancy by Egyptians, where foreigners and Arabs represent only 5% of occupants.
Ghazal pointed out that occupancies will see a rise starting next week in Alexandria, the North Coast, and Marsa Matrouh, adding that a slight decline will take place after Eid before recovering.
He demanded the government of Alexandria to make more efforts to take the governorate out of the frame of seasonal tourism and turn it into one with tourism all year long, allowing investors to invest in it throughout the year.
He said that the means of reaching Alexandria, Matrouh, and the North Coast are easily available, whether by air, sea, or land, which helps the government pay more attention to them.
Hisham El Abd, vice head of the EHA, said that some Alexandria hotels have closed booking until the end of the season because of a shortage in vacant rooms. He explained that the week of Eid will see the highest occupancy.
He said that the flotation of the pound has resulted in a 100% increase of prices for local products used by hotels and offered to customers, so compared to previous years, this year will witness a noticeable increase.
He added that citizens resort to renting chalets when they do not find empty rooms in hotels, and their prices are usually less than hotels.
He revealed that the summer season increases employment in hotels by no less than 50% compared to winter, which witnesses the closing of many hotels.
The director of bookings at the Steigenberger Cecil hotel said that the prices in his hotels start at EGP 1,800 per person.
He explained that there is a 50% increase in prices compared to last year due to the devaluation of the Egyptian pound.
The bookings director at Four Seasons Hotel in Alexandria said that the price of a room in the hotel starts at EGP 5,000, excluding meals, with an unspecified increase over last year’s price.
He added that there are no vacant rooms over next week, while bookings during the week after will range between 50% and 60%. The hotel also seeks to attract guests by providing shows and concerts.
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