The Cairo Real Estate Market – Q3 2021
Cairo's hospitality sector begins recovery
- Khawar Khan
- Faraz Ahmad
- Zenah Al Saraeji
Cairo’s hospitality sector is shaking off the impact of the global pandemic and gradually showing signs of recovery. Helping to boost the sector has been the Egyptian government’s easing of flight restrictions and the permitting of hotels to increase operational capacity from 50% to 70%. This relaxation of rules has worked to the advantage of hotel operators with domestic tourism slightly increasing as people opted for staycations rather than travelling abroad over the summer season.
Read our Q3 2021 Cairo Real Estate Market report to find out more.