Source: Colliers International

In 2012 leisure spending is estimated to have risen by 1.1% while business spending was

estimated to have fallen by 4.5%.  Domestic spending is estimated to have fallen by 5.8% in 2012 whilst international spending is estimated to have grown by 5.7%. These trends are indicative of increased international leisure travel over the past year. • Leisure Markets made a strong recovery in 2012 with strong performance indicators in Sharm El Shekh, Hurghada and Alexandria

About Colliers International Hospitality

Colliers International is a leading global real estate

services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation; customized research; and thought leadership consulting. Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals" Global Outsourcing for 11 consecutive years, more than any other real estate services firm.

In MENA, Colliers International has provided leading

advisory services through its regional offices located in Dubai, Abu Dhabi, Riyadh and Jeddah since 1996. The latest annual real estate survey by Euromoney named Colliers International "Best Advisor" in the MENA region, UAE, Qatar and Saudi Arabia.
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