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International Tourism

Samih Sawiris Acquires Thomas Cook Franchise in Germany

Egyptian billionaire Samih Sawiris has caused a big stir in German investment circles after acquiring the Thomas Cook franchise in Germany through his tourism group, Raiffeisen Touristik Group, and he is now about to bec...

Nour Abdelaziz
December 5, 2019
Hotels & Resorts

Pickalbatros Acquires 6 Hotels in Sharm El-Sheikh and Marsa Alam

Pickalbatros Hotels group has acquired 6 tourist resorts in Sharm El-Sheikh and Marsa Alam, with a total hotel capacity of more than 1,250 rooms and luxury suites, directly overlooking the Red Sea coast.For his part, Kam...

Akram Medhat
November 3, 2019
Hotels & Resorts

Jaz to Open 4 New Hotels in Hurghada and Marsa Alam by May 2020

Jaz Hotels & Resorts plans to open four new hotels in Egypt, in the cities of Hurghada and Marsa Alam, by May 2020, with a total capacity of 1,300 rooms.Alaa Akel, CEO of Jaz Hotel Group, told Travel Yalla News that the...

Akram Medhat
October 13, 2019