Tourism real-estate firms lure potential investors are ITB Berlin trade show

Egypt's representatives at the ITB Berlin travel trade show have reported large numbers of visitors to the Egypt area, including the area set aside for the Red Sea Governorate.

According to Ahmed Shawqy, a member of the Red Sea Tourism Investment Association, the Red Sea section at the show is manned by exhibitors promoting real-estate investment in residential and hotel projects in Hurghada,

The ITB Berlin event is one of the best international events for promoting tourism-related real estate investment projects, such as those on offer in the Red Sea Governorate, said Shawqy.

Ahmed Mubarak, head of a tourism real-estate investment company in Sahl Hashish, to the south of Hurghada, said his company is keen on participating in the Berlin event because of the importance of the German tourism market.

ITB Berlin takes place this year between March 8-12. It was first opened in 1966 and is one of the biggest tourism trade shows in the world.

Edited translation from Al-Masry Al-Youm

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