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Made in Egypt
Picking up again:
Annual report and forecast
by ORASCOM
Orascom Hotels and Development (OHD), the largest subsidiary of the gigantic Egyptian Orascom Group, now presented the Annual Report 2014.
It shows that the hotels in El Gouna had an average occupancy of 60% in 2014 and sales reached EGP 1.43 billion, which was 20% higher than the previous year, in which only an average occupancy of 39% was reached due to travel warnings.
The figures for the first quarter of 2015 and the pre-existing bookings for Egypt, confirm this trend and even promised yet another improvement for the full year 2015th
The complete annual report 2014 Orascom:
http://www.orascomdh.com/uploads/media/ODH_-_Financial_Statements_FY_2014_01.pdf
Source: http://www.orascomdh.com/de/
Book your holiday in El Gouna here.
