Report: Occupancy in Cairo hotels grew to 75% in 2019
JLL’s Year End report showed a stable year of Cairo’s hospitality market
JLL’s Year End report highlighted the capital city saw hotel occupancy grow by 2% in 2019 to 75%. It also highlighted ADR registered at US$94, marking a slight 2% decrease compared to 2018. RevPAR in 2019 remained at approximately $70.
JLL’s report detailed that Cairo’s hospitality market in 2020 could show stronger results, citing Egypt’s higher number of arrivals recently, along with tourism support initiatives from the government and improved air connectivity.