Some 97% of hotel investors and owners in Egypt are positive on the next three to five years, a survey by consultancy HVS published on November 10 found.
None of the respondents in the HVS Egypt survey named demand as a constraint. Some 55% cited a capital-related constraint, and 45% expect GCC investors to lead the next wave of investment, against 19% for Egyptian private investors.
HVS Middle East and Africa produced the Egypt Hospitality Investment Pulse 2026 with FHS Egypt, from responses gathered between September 9 and October 30. Some 86% of respondents expect RevPAR to improve, and none expect a decline.
Some 32% cited foreign exchange risk and 29% regional uncertainty.
Capital is heading to the coast. Some 61% favour coastal regions, led by the North Coast at 39%, ahead of Greater Cairo and Giza at 35%. Just 3% named Luxor, Aswan and the Nile corridor as the most compelling place to invest.
Some 75% expect Red Sea and coastal leisure to drive demand growth over the next five to 10 years. Cultural and heritage tourism followed at 64%, and business travel and MICE at 36%.
Air capacity is a sticking point. Some 54% of respondents regard it as inadequate. Their top requests to government are incentives (43%), airport infrastructure (39%) and faster approvals (36%).
“The next phase will be determined by how effectively confidence is converted into investment,” said Hala Matar Choufany, President of HVS Middle East and Africa.
On the same day, Hilton and PRE Group signed an EGP14bn hotel partnership covering six hotels and four branded residential projects, including on the North Coast.
HVS said the findings measure sentiment and are not a statistically representative sample. Some 79% of respondents consider it likely that Egypt will reach about 30 million international visitors by 2030.
