DOCSLIB.ORG

April 2018 Agenda

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
April 2018 Agenda April 2018 Agenda ODE : Leading Developer of Fully Integrated Towns Projects Overview Operational and Financial Summary Appendix Orascom Development Egypt (ODE) Today The Only Leading Developer of One of The Largest One of The Largest Hotels Fully IntegratedTowns Land Banks Portfolio 27 hotels, 20 self-managed and 7 Including Real Estate, Hotels. activities, 45.7 million sqm, out of which under management with a total of marinas Leisure, golf courses, hospitals, 27.6 million sqm is still 6,035 rooms schools & all supporting infrastructure undeveloped Spearheaded by a seasoned El Gouna Won The Green Town Executive Management Team Award In 2014 with unparalleled expertise in the travel, tourism and real estate sector level 59% MORE THAN Of our hotels in Egypt are certified with 3 to 5 30 Green Star Star Hotels Awards To suit different During 2017 for our 30 YEARS hotels standards DEVELOPMENT EXPERIENCE 4 Operating Destinations El Gouna, Taba Heights, Makadi, & Continuous Progress on Fayoum Strategy Execution Fully integrated destinations offering Achieved all communicated targets of hotels, residential units and luxury leisure 2017 Listed on EGX Approx. 6,754 Employees Real Estate Sales over with 221,661,475 outstanding shares As of December 31, 2017 EGP 8.5 bn ODH owns 76.59% of ODE Since 1997 3 ODE is a Pioneer Developer of Self-Sufficient Resort Towns Company Overview Shareholding Structure 1 ▪ Orascom Development Egypt (“ODE” or the “Company”) is an integrated developer of resort towns, involving the development of residential units, hotels, and recreational facilities such as golf courses, town centers, and 23.41% marinas, in addition to supporting infrastructure, such as hospitals, ODH ODE schools, and utilities. Free Float ▪ Boasting a land bank of 45.7 mn sqm and a comprehensive hospitality 76.59% portfolio of 6,035 rooms, the Company’s diversified portfolio is spread over 4 destinations including El Gouna, Taba Heights, Makadi and Fayoum. ▪ ODE is listed on the Egyptian Stock Exchange (EGX) with a market cap of EGP 7.5 bn1 Organizational Structure Key Financial Indicators (EGP mn) El Gouna Taba Heights Makadi Fayoum Total Revenue 2,603 EBITDA 1,772 1,182 1,425 1,399 1,195 1,435 1,455 151 562 610 88 173 -55 Key Projects 2011 2012 2013 2014 2015 2016 2017 2011 2012 2013 2014 2015 2016 2017 1 As of April 12, 2018. Total 36.92 mn 4.27 mn 3.44 mn 1.08 mn 45.71 mn Land sqm sqm sqm sqm sqm 2 Includes 27 rooms for the floating hotels. Bank Number of Hotels 16 Hotels 6 Hotels 3 Hotels 1 Hotel 26 Hotels Number 2,480 2,365 1,113 50 6,035 of Rooms Rooms Rooms Rooms Rooms Rooms2 4 Unique, Vertically Integrated, Business Model… Acquisition Development Phase Operational Phase phase Land Bank Value Creation New Real Estate RE Owner Services destination identification Hotel Development Hotel Operations acquisition & initial concept Destination Development Destination Operations Project Management Operations Management Planning & Design Construction Property & Facility Management offs - Initial destination conceptInitialdestination concept destinationDetailed andsalesconcept Marketing strategy sign Product salesof Start constructionof Start overhand / Operator Internal / over handBuyer opening operationof Start Periodicassessmentof service and performance quality 5 Business Segments - Overview Hotels Real Estate Town Management Tamweel Group ▪ 27 Hotels , total of 6,035 rooms ▪ Land bank acquired at nominal ▪ Public services &infrastructure ▪ Tamweel; Mortgage Company costs ▪ 20 self managed, 7 under- maintenance that includes: management ▪ Sale of middle-to-upper scale ▪ Water Services ▪ Orascom Hotels Management apartments & villas to private (OHM) manages company’s clients ▪ Sewage treatments hotel inventory ▪ In-house sales force as well as ▪ Electricty international distribution ▪ 535 retail outlets channels ▪ 55 restaurants/bars ▪ Off-plan sales with customer prepayments ▪ 5 schools & one university ▪ Sales of over EGP 8.5 Bn 1 ▪ 2 hospitals ▪ 4 marinas and 3 golf courses Revenues FY 2017 Revenues FY 2017 Revenues FY 2017 Revenues FY 2017 EGP 1,059.7 mn EGP 773.5 mn EGP 438.5 mn EGP 331.3 mn 1 From 1997-FY 2017 (gross number) 6 El Gouna - Egypt El Gouna - Egypt 7 7 Agenda ODE: Leading Developer of Fully Integrated Towns Projects Overview Operational and Financial Summary Appendix El Gouna - World Class Destination on the Egyptian Red Sea Coast ▪ Total land area : 36.92 million sqm , Developed: 15.0 million sqm, (40.6% developed) ▪ 16 hotels with 2,521 rooms ( five 5 *s , eight 4 *s and three 3*s) El Gouna Key Facts ▪ A private, self-sufficient town built on 10 km of the Red Sea coastline and located north of Hurghada, 35km from the Hurghada International Airport ▪ The town offers a range of facilities such as a hospital, two 18-hole championship golf courses, three marinas, four schools, a library, and a university Hotel KPIs, EGP Visitors Breakdown by Nationality in FY 2017 1200 77%90% 3% Germany 80% 3% 61% 60% 56% 4% 1000 70% 60% Egypt 800 56% 54% 958 60% 6% 804 50% 600 40% Others 30% 12% 48% 400 525 463 20% Netherland 200 393 408 421386 414439 374357 373 365 10% 0 0% Belgium 2011 2012 2013 2014 2015 2016 2017 24% UK ARR TRevPar Occ. Rate Swizerland Real Estate KPIs Destination Update 47 61 82 121 183 215 258 ▪ Net sales increased by 86.3% to reach EGP 1,434.6bn in FY 2017 vs. EGP 769.9mn in FY 2016. 1,600 35.3 40.0 35.0 ▪ Hotels GOP more than doubled to reach EGP 419.0mn vs. EGP 133.0mn in FY 1,400 26.0 1,200 20.4 1,435 30.0 2016. 1,000 18.5 18.8 19.3 25.0 14.9 800 20.0 ▪ Successfully launched a real estate project called “Abu Tig Hills” in Q4 2017 with a 600 817 15.0 total inventory of USD 22.0mn and was sold out completely. 400 572 10.0 200 167 126 258 377 5.0 ▪ Continuing with the renovation works across some of our hotels with plans to be 0 0.0 finalized during 2018. 2011 2012 2013 2014 2015 2016 2017 ▪ Launched Phase II of G-Space by end of Dec. 2017 and all offices were rented out. Value of Contracted Units, EGPmn ▪ In Jan. 2018 we released new inventory in Tawila project. Total Phase III inventory Average Price/sqm, EGP,000 No of Units is EGP 776.2mn (USD 44.1mn). The sales are witnessing a positive momentum. ▪ Planning to launch a new real estate project in April with a total inventory of EGP 1.4bn (USD 80.0 mn). ▪ Looking into adding more hotel rooms and possibly a new hotel in 2019. 9 Taba Heights – Sinai’s Premium Destination ▪ Total land area : 4.27 million sqm, Developed: 2.56 million sqm, (60% developed) ▪ 6 hotels; 2,365 rooms (five 5* s and one 4 *s) Taba Heights Key Facts ▪ Taba Heights is situated between the mountain ranges of the Sinai Peninsula only 25 km away from Taba International Airport ▪ The town offers a marina and a golf course alongside a wide range of facilities such as a medical center, child daycare services, a school, and a vibrant up-town center Hotel KPIs, EGP Visitors Breakdown by Nationality in FY 2017 4% 400 60% 51% Egypt 44% 372 50% 11% 357 365 41% 300 345 344 348 Jordan 312 33% 40% 27% 11% 41% 273 20% Ukraine 200 252 27% 30% 215 206 186 Israel 20% 33% 100 133 144 Others 10% 0 0% 2011 2012 2013 2014 2015 2016 2017 Destination Update ARR TRevPar Occ. Rate ▪ Taba Heights remains the most challenging destination for the group due to the extended travel bans on Sinai. ▪ Nonetheless, the new measurements that were implemented, comprising strict cost-cutting measures, centralization of services and suspension of operations, limited the impact at Taba Heights. ▪ To date we have 1,260 operating rooms out of 2,365 rooms compared to only 718 rooms operating in FY 2016. This will make 4 hotels out of 6 open. ▪ Potential upside after Russians are back to Hurghada and Sharm El Sheikh. ▪ In 2018 we expect Taba destination to cash breakeven compared to previous losses in the previous years. 10 Makadi -The First Gated Community In The Heart Of Hurghada ▪ Total land area : 3.44 million sqm, Developed: 0.45 million sqm , (13.1% developed) ▪ One 4* hotel with 283 rooms + two 4* & 5* Azur Hotels with a total of 830 rooms, Royal Azur, a 5* Hotel (491 rooms) Makadi & Club Azur, a 4* Hotel (339 rooms) Key Facts ▪ Makadi is the first gated community in the Hurghada region, only 30 km away from Hurghada International Airport. The town features residential units and hotels, along with spacious commercial area, a medical center, among other services Real Estate KPIs Destination Update 96 54 52 57 20 16 2 ▪ Finalized the construction and opened the club house in Q1 2018 30 6.0 4.4 4.6 5.0 4.6 5.0 4.0 4.0 4.8 20 4.0 ▪ Relaunching Makadi destination with a new product offering 3.0 27.0 in April 2018. 10 23.0 2.0 15.0 17.0 8.0 1 1.0 5.0 0 - ▪ Sold the 3 hotels plus a land plot in Makadi. Total cash 2011 2012 2013 2014 2015 2016 2017 proceeds from the sale is c. EGP 492.8 million. The sale will also result in the deconsolidation of EGP 260.1 million of debt. Value of Contracted Units, EGPmn Average Price/sqm ,000 No of units 11 Byoum –The Heart of Fayoum, On Lake Qarun ▪ Total land area : 1.08 million sqm, Developed: 0.32 million sqm , (29.6% developed) Fayoum ▪ One 4* hotel with 50 rooms Key Facts ▪ Located 100 km southwest of Cairo in an ideal location overlooking the spiritual lake of Qarun.
Load more

Recommended publications
  • International Selection Panel Traveler's Guide
    INTERNATIONAL SELECTION PANEL MARCH 13-15, 2019 TRAVELER’S GUIDE You are coming to EGYPT, and we are looking forward to hosting you in our country. We partnered up with Excel Travel Agency to give you special packages if you wish to travel around Egypt, or do a day tour of Cairo and Alexandria, before or after the ISP. The following packages are only suggested itineraries and are not limited to the dates and places included herein. You can tailor a trip with Excel Travel by contacting them directly (contact information on the last page). A designated contact person at the company for Endeavor guests has been already assigned to make your stay more special. TABLE OF CONTENTS TABLE OF CONTENTS: The Destinations • Egypt • Cairo • Journey of The Pharaohs: Luxor & Aswan • Red Sea Authentic Escape: Hurghada, Sahl Hasheesh and Sharm El Sheikh Must-See Spots in: Cairo, Alexandria, Luxor, Aswan & Sharm El Sheikh Proposed One-Day Excursions Recommended Trips • Nile Cruise • Sahl Hasheesh • Sharm El Sheikh Services in Cairo • Meet & Assist, Lounges & Visa • Airport Transfer Contact Details THE DESTINATIONS EGYPT Egypt, the incredible and diverse country, has one of a few age-old civilizations and is the home of two of the ancient wonders of the world. The Ancient Egyptian civilization developed along the Nile River more than 7000 years ago. It is recognizable for its temples, hieroglyphs, mummies, and above all, the Pyramids. Apart from visiting and seeing the ancient temples and artefacts of ancient Egypt, there is also a lot to see in each city. Each city in Egypt has its own charm and its own history, culture, activities.
    [Show full text]
  • ERC Investor Presentation Q2 2016
    Investor Presentation Q2/1H 2016 Disclaimer This presentation is intended for information purposes only and does not constitute or form part of an offer for sale or subscription or an invitation or solicitation of an offer to subscribe for or purchase securities of any kind and neither this document nor anything contained herein shall form the basis of any contract of commitment from any party whatsoever. Information, including but not limited to financial information, in this presentation should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities or any other instruments in or in entities related to ERC or any other company. This document contains important and privileged information on ERC and may not be reproduced in whole or in part, and may not be delivered to any person without the prior written consent of ERC, and therefore shall be kept secret and confidential by any receiving party. This document contains forward-looking statements. By their nature, forward-looking statements involve inherent risk and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. ERC does not make any representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved, and such forward-looking statements represent, in each case, only one of many possible scenarios and should not be viewed as the most likely or standard scenario. The information contained herein is expressed as of the date hereof and may be subject to change. Neither ERC nor any of its controlling shareholders, directors or executive officers or anyone else has any duty or obligation to supplement, amend, update or revise any of the forward-looking statements contained in this document.
    [Show full text]
  • Page 1 of 2 SOS Dolphins at Samadai 20/08/2007
    SOS Dolphins at Samadai Page 1 of 2 E-mail to a Friend Home | Holidays | All Inclusive | Families | Hotels | Scuba Diving | Our Destinations The Red Sea Holiday Magazine Archive 2003 Issues Issue nr.6, January 2003 Issue nr.7, February 2003 Issue nr.8, March 2003 Issue nr.9, April 2003 Taba Issue nr.10, May 2003 Nuweiba Issue nr.11, June 2003 Dahab Issue nr.12, July 2003 Sharm el Sheikh Issue nr.13, August 2003 El Gouna Issue nr.14, September 2003 Issue nr.15, October 2003 Hurghada Issue nr.16, November 2003 Makadi Bay Issue nr.17, December 2003 Soma Bay Browse by Year 2002 | 2003 | 2004 | 2005 | 2006 | 2007 Safaga Quseir Browse by Month, Year please select the issue you want Marsa Alam Hamata/Berenice About GoRedSea The Company Red Sea Travel Guide The Red Sea Holiday Magazine, Issue no 17, December 2003 Security & Payments Privacy Policy Red Sea Magazine | From the Editor | Red Sea Living | Photo Galleries | Current Issue | Terms of Use Tourist Information Booking Conditions Accommodation SOS Dolphins at Samadai Contact Us Scuba Diving Advertise with Us Activities Dining Entertainment Places to See Weather Real Estate Image Galleries Go Maps Books Go Forum One of the biggest concerns when living and working by such a fragile ecosystem as a coral reef, is whether the human activities can interfere with the wildlife up to an unsustainable point. And one of the biggest paradoxes surges when the very reason of the existence of an activity such as sea tourism, is damaged and finally disappears thanks to that very activity.
    [Show full text]
  • Paradise Gardens, Sahl Hasheesh, Egypt
    Paradise brochure 2:Layout 1 22/6/10 16:57 Page 1 A Carefully Selected Premier Development. We hereby give notice that the information within this brochure is produced with great care and believed to be correct at the time of printing. Pictures, layouts and other details in this brochure are given as a general guide and may change from time to time in accordance with the final designs of the development and appropriate planning permissions. We endeavour to ensure that any market forecasts provided are accurate and well researched at all times, however we cannot ultimately warrant the accuracy of that information and cannot be held liable for any reliance you may make of or put on it except as specifically agreed with us in any further agreement we may make with you in writing. Luxurious Beach & Golf Properties in Sahl Hasheesh, Egypt. Paradise brochure 2:Layout 1 22/6/10 16:57 Page 3 Paradise Gardens, Sahl Hasheesh, Egypt Fringed by the golden sands and beautifully contrasting crystal blue waters of the Red Sea rests the stunning properties of Paradise Gardens, a five-star beach and golf project. Situated within the exclusive resort of Sahl Hasheesh, a master planned community, Paradise Gardens is nestled within 12 kilometres of spectacular coastline, with all you could need right on your doorstep, providing a feeling of complete serenity. Developed by Pyramisa, Egypt’s largest private hotel group and boasting a comprehensive array of facilities and services, Paradise Gardens is simply in a class of its own. Its ideal setting and fully serviced properties complete with a five-star hotel experience make Paradise Gardens an incredible rental proposition and attractive lifestyle investment opportunity not to be missed.
    [Show full text]
  • Luxury Holiday Served Apartments in Hurghada City Center Units Start from 40M2 up to 130M2 Close to Supermarkets, Beaches, Bars and Restaurants
    YOUR (/acolfow STARTS HERE Luxury holiday served Apartments in Hurghada City Center Units start from 40m2 up to 130m2 Close to supermarkets, beaches, bars and restaurants. All units are air conditioned and fully furnished to European standards with equipped kitchen Elevator, WiFi Service and CCTV Cameras. Housekeeping and security available 24/7. Leisure roof area with swimming pool, Jacuzzi, sun-beds and umbrellas. All inclusive packages are available. Excursions and private transfers. Beach access. El Hadaba Road, Hurghada, Red Sea,Egypt Tel: +2 010 600 322 99 I +2 0100 580 98 73 E-mail: [email protected] www .lillyapa rtments .com www. face book. com/1 i llya pa rtments A X.TREME More on page 24 I FIND US ON ~ tri padvisor• Booking.com £ airbnb W CASHBACK \. 01001119792 ~ Mahmya Beach @ Mahmya.Beach [email protected] P----------P_Iease check out full rang,_e_of_s_erv_ ice_s_at_ -------___, -~~- --www.hanimex.net-----~ 22225460 - Ol 0666614-9-.6.-2- -------: .. -.~:- ~ . .. ¥~ f?f~W~ Copan Touristic and Real Estate Investment Size- Up to 188 m2 Sea and Pool views Maintenance Of course, we offer other services as required The newest and nonetheless most anticipated apartment complex in Hurghada, Red Sea, Egypt. Discover your dream Lifestyle, designed for the many or the few and enjoy the vacation home you want. Find a suitable payment plan just for you. We always aim at providing the highest quality of service to all of our stakeholders and clients. ~ ------------- Contact us Down payment D0127 206 63 64 I Oll 011 066 31 with a payment plan @ +2 0122 788 22 74 5% ®Prima Sea View ® Primali fe_hrg up to 4 years • [email protected] ~uud) Speedboats Customise your experience by planning your tour from the start to the end.
    [Show full text]
  • Extended Producer Responsibility Scheme for Packaging Waste in Egypt Extended Producer Responsibility Scheme for Packaging Waste in Egypt
    Extended Producer Responsibility Scheme for Packaging Waste in Egypt Extended Producer Responsibility Scheme for Packaging Waste in Egypt Disclaimer The mission covered by this report took place during the Covid-19 pandemic. For this reason, most of the trips and face to face engagements initally considered, were not taken place. However, exchanges with various stakeholders could take place over digital means of communicaton, allowing for contributons to be gathered. Any statement or opinion expressed in the present document has not received any feedback from the relevant stakeholders. The report in its current state cannot be construed as representng a fnal assessment or recommendaton for the establishment of an Extended Producer Responsibility (EPR) system in Egypt but as a basis for discussion and feedback gathering. 1 Extended Producer Responsibility Scheme for Packaging Waste in Egypt Preface The German Federal Ministry for the Environment, Nature and Nuclear Safety (BMU) has commissioned the German agency for internatonal cooperaton Deutsche Gesellschaf für Internatonale Zusammenarbeit (GIZ) GmbH to implement the global project “Support of the Export Initatve for Green Technologies”. It is part of the larger BMU “Export Initatve for Green Technologies”, launched in 2016, to export know-how available in Germany and support sustainable development worldwide. Partner countries are Egypt, Jordan, India, Thailand, Malaysia, Indonesia and Ukraine. Furthermore, there are two global modules supportng the Global Soluton Initatve and Industrial Water Treatment as well as a management unit in Germany. Project measures focus on building up technical and insttutonal know-how as well as laying the groundwork for the introducton and use of environmental and climate protecton technologies “Made in Germany”.
    [Show full text]
  • Classical Egypt Egyptian State Tourist Office
    gst932840-classical_1_Q7:gst932840-classical 01/06/2011 13:17 Page 1 Cairo Mosque of Al-Azhar The first Fatimid mosque in Cairo was built The Cathedral of St Mark This is the largest church in Africa - THE excavations unearthed three empty ditches on the east side of the the 5th dynasty is situated to the south of the stepped-Pyramid of The origins of the between 970 – 973 AD. It is considered to be the oldest Islamic built in a modern style in the district of Abbasia – where the remains PYRAMIDS Great Pyramid, once dug out to contain solar barques. Two other King Zoser. It is famous for its burial chamber, where its walls are Egyptian capital with university comprising more than 80,000 manuscripts in its libraries. of St Mark rest. OF GIZA sites were discovered to the south of King Cheop´s Pyramid, from covered with what is known as the “Pyramid Text.” the first In its present form, the mosque is a collection of buildings and which a large wooden boat in a very good condition has been collection of religious texts drawn up during the Old Kingdom and its 15 million Giza is the name of inhabitants can be several extensions added during various periods. Today, it is one of revealed and is now to be seen in a museum south of the pyramid. destined to protect and guide the dead pharaoh during his journey MUSEUMS a district near Cairo, in the “after world.” The tomb chamber still contains the granite found near the the leading centres of Islamic teachings.
    [Show full text]
  • Townhouses & Villas Low Res 3.Pdf
    T O W N H O M E S & V I L L A S YOUR RED SEA VACATION HOME FOR ALL SEASONS ULTIMATE FAMILY DESTINATION WELCOME TO MAKADI HEIGHTS ABOUT MAKADI HEIGHTS Makadi Heights is a fully integrated community offering everything that daily life requires. Shopping, leisure and entertainment facilities are all integrated within the development, so there’s no need to go elsewhere; just relax and enjoy a new, carefree lifestyle in a spectacular elevated location. Makadi Heights covers an area of 3.4 million square meters with more than 85% of its total area dedicated to green areas, water features and open spaces. El Gouna Downtown Hurghada Hurghada Airport THE PERFECT GETAWAY Located at the heart of Makadi Bay on the beautiful Red Sea Coast, Makadi Sahl Hasheesh Heights is only 15 minutes away from Hurghada airport; getting there from overseas couldn’t be easier, while the towns of Hurghada and El Gouna are just 20 and 30 minutes away. The project occupies a prime position 78 Makadi Bay meters above sea level at the highest UNIT TYPES point of Makadi Bay, guaranteeing ° APARTMENTS, 180 78 20 TOWNHOMES unbeatable panoramic views of the Panoramic Meters above Minutes away & VILLAS Red Sea wherever you are. sea views sea level from Hurghada 58 sqm to 155 sqm MAKADI HEIGHTS MASTER PLAN LIFE IN ONE PLACE Makadi Heights has everything a family could need for the ultimate vacation, including a beach club, mall, clubhouse, an entertainment hub and a supermarket. Makadi Heights Mall has a variety of shopping and dining facilities, a clinic and a pharmacy.
    [Show full text]
  • 12-01-17, Red Sea Holidays Introduces New Brochure
    Press release 17 January 2012 RED SEA HOLIDAYS RELEASES NEW 2012/2013 BROCHURE New resorts and summer savings Award winning Egypt specialist Red Sea Holidays has released a new 2012/2013 brochure featuring new hotels and resorts and fantastic offers. Building on the existing offering, the new brochure will feature even more added value options including savings on summer packages, pre-bookable family suites and connecting rooms as well as fleixble cruise and stay packages for 9, 10, 11 and 14 nights. Red Sea Holidays’ 2012/2013 programme features the biggest ever choice of holidays including new resorts such as Dahab, Taba and Taba Heights, new hotels in Sharm El Sheikh, El Gouna and Makadi Bay, and new multi-centre tours, such as the 10 night Cairo & The Nile tour from only £999 (based on two people sharing). “We will continue our comprehensive education programme into 2012, giving agents the chance to experience the main Red Sea resorts and our new cruise offerings that include Luxor,” says Jason Hilton, Sales Director at Red Sea Holidays. “Our newly expanded range of cruise and stay options allow clients to combine a Nile cruise with a relaxing stay by the Red Sea, or to experience more of Egypt’s history and culture in Luxor and Cairo. “We believe there is no substitute for experience and local knowledge, which is why our travel advisers regularly visit our resorts and hotels to ensure they can answer client’s questions. Our exclusive access to some of the best bed stock in the Red Sea allows us to provide a quality service for guests to enjoy,” says Hilton.
    [Show full text]
  • Holidaycheck Special Award 2021: the Most Popular Hotels in Egypt
    Press Release 11th January 2021 HolidayCheck Special Award 2021: The most popular Hotels in Egypt Despite the current global circumstances, the yearly HolidayCheck Award for the most popular hotels should not be missing. As 2020 was an incomparable and special year, also the HolidayCheck Award is named differently: „HolidayCheck Special Award“ Hence there are some differences compared to the last 15 Award years, but one important thing stays the same: Guests have decided personally. The result: More than 420.000 holidaymakers have selected the best 607 hotels in 35 countries. In Egypt 30 hotels have been selected as HolidayCheck Special Award 2021 winners. These are the 10 most popular hotels in Egypt: 1. Hotel Iberotel Makadi Beach (Makadi Bay, Hurghada/Safaga) 2. Hotel JAZ Makadi Star & Spa (Makadi Bay, Hurghada/Safaga) 3. Jaz Makadina (Makadi Bay, Hurghada/Safaga) 4. Hotel Kempinski Soma Bay (Soma Bay, Hurghada/Safaga) 5. Premier Le Reve Hotel & Spa (Sahl Hasheesh, Hurghada/Safaga) 6. Jaz Dar EL Madina (Marsa Alam, Marsa Alam/El Quesir) 7. TUI Blue Makadi (Makadi Bay, Hurghada/Safaga) 8. Rixos Sharm El Sheikh (Nabq Bay, Sharm el Sheikh/Sinai) 9. Jaz Makadi Oasis Club & Resort (Makadi Bay, Hurghada/Safaga) 10. Steigenberger ALDAU Beach Hotel (Hurghada, Hurghada/Safaga) About the HolidayCheck Special Award This year the HolidayCheck Award has its 16th anniversary and is once again given to the hotels which are particularly popular among holidaymakers. As the corona virus has not left the HolidayCheck Award unscathed, some temporarily changes have been made for this year. 2021 the “HolidayCheck Special Award” is conferred in order to take account of the special situation.
    [Show full text]
  • How to Plan an Unforgettable Journey in Egypt (Pdf
    1 | P a g e How to Plan an Unforgettable Journey in EGYPT Kenn Laya Director North America – EGYPT Tourism USA – New York, New York CEO / Product Development – Vuitton Travel & Luxury Lifestyle – New York, New York Edited By Maria Koehmstedt Cover Photography & Design Charls Lamber Contributor / Ferskov Communications 2 | P a g e To all the people of Egypt, this e-book is for you. By writing "How to Plan an Unforgettable Journey in EGYPT", it is my hope that the many people who read this work come to realize just how amazing it is to visit your incredible country. May they come to see your bountiful sites for themselves and then send their friends. And when they are there, it is my hope that they meet as many of you as is possible during their journey so that when they return, like myself, they can proudly say "I have friends in Egypt." To all of you who I already know in Egypt, and to all of you I have yet to meet, forever you will remain in my heart, as my friends. 3 | P a g e An Egyptian Journey immerses travelers in more than 7,000 years of history – ancient Egypt to the Roman Empire, Islamic dynasties to modern metropolises. With vast and beautiful deserts, fresh oases, simple villages, chaotic metropolises, tranquil Red Sea resorts, the palm-lined Nile and awe- inspiring, sand-swathed monuments, there’s a place for all personalities of traveler. While the country comprises a mixture of different cultures and religions, a unifying and omnipresent sense of hospitality runs deep in the blood of every Egyptian – a warmness toward one another and a kind embrace to all who visit her.
    [Show full text]
  • Labranda Royal Makadi
    LABRANDA ROYAL MAKADI LABRANDA Royal Makadi – Select, is one of the most premium properties of the LABRANDA Hotels and Resorts family. This resort is a perfect blend between elegance and uniqueness. Its stunning setting within the Makadi Bay, overlooking its very own pristine private beach makes it as remarkable holiday destination. An endless variety of activities await guests at the Royal Makadi, amongst them diving, water sports, snorkeling, kayak and the possibility of canoeing on crystal blue waters with coral reefs. The latter are a must see sight for snorkeling and diving enthusiasts as they are a true showcase of the magical underwater world of the Red Sea. The resort adopts an all-inclusive concept with a wide selection of culinary delights. The rooms at the Royal Makadi are designed with a contemporary flair. They also have terraces overlooking the pools and gardens. The resort offers an extensive all-inclusive concept, with various dining options.The hotel itself has also several classic resort-style amenities. Such as three adult size swimming pools, and a children’s pool. Guests also have access to the resort’s gymnasium, tennis courts, squash and archery range. The hotel was also designed with families in mind. As a result, the dedicated kids’ pool adds an added value and choice for families with toddlers. The resort also counts with presence of an active kids club. The latter is a place where children can draw and take part in various other activities. The Royal Makadi also has a conference room on offer. The guests at this hotel also have access to the LABRANDA Promenade.
    [Show full text]