TUI Announces New Investments in Hurghada, Marsa Alam and Sharm El-Sheikh Next Year

TUI Announces New Investments in Hurghada, Marsa Alam and Sharm El-Sheikh Next Year

By Akram Medhat

Minister of Tourism Yehia Rashed stressed that the major conference currently being held in Sharm El-Sheikh, the World Youth Forum, is the best evidence that Sharm El-Sheikh will continue to welcome all tourists and to enjoy the admiration and trust of its guests from various countries around the world.

This came during a press interview the minister gave to journalist Simon Calder, senior travel editor of the British newspaper The Independent, on the sidelines of WTM London, which ended yesterday.

On the other hand, the Minister of Tourism met representatives of the global TUI Group to discuss ways to boost tourism traffic, as part of Egypt's participation in WTM London, noting that marketing plans will begin to be activated and developed from next January, building on this new foundation.

For its part, the global company TUI announced a number of new hotel and service investments in Marsa Alam and Hurghada, as well as Sharm El-Sheikh, some of which will open next year, which confirms international investors' confidence in the political stability and economic advantages of tourism investment in Egypt.

TUI representatives praised the ministry's efforts and its action plans over the past period, which have paid off in restoring tourism traffic from key markets, especially the markets in which TUI operates.

Company officials affirmed their full confidence in Egypt as a preferred destination not only for tourists, but also for developing the company's investments in the tourism and hotel sector.