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Egyptian Lounge General chat for members of the Egypt property forum. If you want to catch up on the latest gossip or just talk about whatever comes up, the new Egyptian Lounge is the place for you.

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  #21  
Old 10-11-2007, 01:18 PM
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We paid £900 for 4 people for 2 weeks on 23rd november with XL from Manchester but had to book 4 months in advance, as the weeks get closer the prices go up not down.
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  #22  
Old 12-11-2007, 02:20 PM
Ash Ash is offline
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Unhappy GB Airways

Hi All,

I have been speaking to a couple of people who have friends working at GB and Unfortunaltey it looks like BA will be keeping all the A321 (which do the longer routes) and Easy will keep the A320´s. I hope I am wrong but from the sounds of it SHarm and Hurghada may well be left to BA (these are the furthest destinations on the GB network), It would be a real shame as I am sure Easy would do great business there but I doubt the A320 can do the range without really sacrificing the load.

sorry All

Ash
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  #23  
Old 12-11-2007, 05:16 PM
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I Hope a budget airline soon takes control of Hurghada ,the schedule airlines are just having a joke,especially when you can get further a field for less.
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  #24  
Old 13-11-2007, 11:26 AM
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Smile Easy Jet

Possibly better news about Easy Jet Flights to Hurghada, I spotted a thread on a different forum discussing the same subject, the message read as follows:

Hi All

I have just received an email from easyjet confirming that they will be continuing the gatwick/hurghada service and that they will advise me when they are taking direct booking.



Sounds more promising
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  #25  
Old 13-11-2007, 03:21 PM
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That is awesome, I best inform our guy on the ground the good news. Easy will make things super growth. With other big developments coming on stream, they will all want to get the routes, remember there is 55.000 probably alot more units coming on stream in the next 5 to 10 years. If not closer to 70.000 or 90.000 units.
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  #26  
Old 13-11-2007, 03:28 PM
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I understand from my contacts in Hurghada that there are already 175,000 units either in construction or planned for the Hurghada area, and thats without Gamsha. Thats a lot of airline seats!
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  #27  
Old 14-11-2007, 08:13 AM
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Quote:
Originally Posted by Peter Mitry View Post
I understand from my contacts in Hurghada that there are already 175,000 units either in construction or planned for the Hurghada area, and thats without Gamsha. Thats a lot of airline seats!
No, sorry Peter, that's a lot of beds not a lot of airline seats. Without a good marketing campaign and many other factors coming together (consumer confidence, area stability etc etc) it will remain a lot of beds and not a lot of airline seats.

Mark .Y.
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  #28  
Old 14-11-2007, 09:15 AM
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You are absolutely right; but I am ever the optomist. Are you involved in the travel/airline industry Mark? We need an insite into what makes these guys recognise a huge potential market when they see one....
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  #29  
Old 14-11-2007, 11:21 AM
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Quote:
Originally Posted by Peter Mitry View Post
You are absolutely right; but I am ever the optomist. Are you involved in the travel/airline industry Mark? We need an insite into what makes these guys recognise a huge potential market when they see one....
No, I am afraid I am not involved in that industry Peter.
My insight and comment came from previously owning a villa in Kissimmee (by Disney World). We successfully rented that out but sold up a couple of years ago as the amount of new building looked to be never ending.
Those who watch the Florida property market, as I have continued to do, will know that prices have been falling for some time. This has partly been caused by fairly recent, foreign (often Brit), buyers believing that 40 weeks a year rental is no problem to achieve. Having paid inflated prices for their properties, they now find that with the huge amount of properties available to the rental market they cannot break even and have to sell up.
I feel very sorry for many of these people as they believed the promises made to them by "over zealous" developers. Many of them have no business background and have been left pretty high and dry.
Back to the real point, I guess the one thing that would really help people trying to rent out would be a concerted advertising campaign highlighting the climate and the (relative) proximity of Egypt. This would require the sort of money that only the Egyptian Government has though so if anybody has any contacts there - try lobbying them. If enough visitors travel such that the occupancy rates of the current flights rise then the airlines will put on extra flights - this happened some years ago on the Orlando routes.

Mark .Y.
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  #30  
Old 14-11-2007, 12:52 PM
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I agree with you 100% Mark; Egypt is just five hours from most European capitals and has guaranteed sunshine all year round. We need some concentrated lobbying of the Egyptian government to spend more boosting their tourism and encouraging more and cheaper flights by relaxing controls allowing budget operators easy access to the regional airports.
This will have a knock on effect in the investment market as it will make Egypt more attractive as a property investment target.
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