Orascom Hotels & Development operates within the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Orascom Hotels & Development with three other
hotel and motel operators in Middle East:
Gulf Hotels Group Bsc
sales of 36.38 million Bahranine Dinars [US$96.49 million]
of which 73%
was Food and beverage),
Hachsharat Hayishuv Hotels Ltd.
(290.21 million Israel Shekels [US$85.33 million]
Golden Pyramids Plaza
(1.36 billion Egyptian Pounds [US$76.57 million]
During the year ended December of 2016, sales at
Orascom Hotels & Development were 1.46 billion Egyptian Pounds (US$82.09 million).
decrease of 17.9%
versus 2015, when the company's sales were 1.77 billion Egyptian Pounds.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Orascom Hotels & Development had sales
of 1.43 billion Egyptian Pounds.
Contributing to the drop in overall sales was the 12.0% decline
in Hotels, from 578.89 million Egyptian Pounds to 509.44 million Egyptian Pounds.
However, these declines were partially offset by the increase in sales of
Real Estates (up 69.3% to 457.48 million Egyptian Pounds)
Other Sectors (up 21.6% to 393.40 million Egyptian Pounds)
Operation (up 12.4% to 287.04 million Egyptian Pounds)