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Increasing Room Rates in Cairo

The Egyptian capital witnessed a revival of group travel, leading to a 15.5 percentage point rise in occupancy

levels to 44.8 percent and a 20.8 percent increase in ARR to USD128.9, meaning a 84.9 percent improvement in RevPAR to USD57.8. The surge in room demand boosted total RevPAR by 71.1 percent to USD110.67 and that, along with a 10.8 percentage point reduction in payroll led to a significant surge in GOPPAR to USD48.22.