News

Alternative Energy

Cairo: 18/6/2015

Press Release

In the framework of  The Egyptian Hotel Association’s (EHA)  continuous effort to search for alternative energy solutions for its member hotels, EHA participated in and coordinated for the conduction of the study performed by the world’s top experienced organization and financed by the European Bank for Reconstruction and Development (EBRD). The announced findings of this study highlighted the importance of hotels switching to the use of alternative energy to achieve the required sustainability and cutting current energy costs.

Meanwhile, Mr. Mohamed Ayoub, Chairman of EHA announced that, in coordination with the Energy Unit at the Ministry of Tourism, EHA is working on finding logical and alternative energy solutions. He added that EHA is engaged in negotiations with different domestic and international entities to secure investments necessary for the smooth switch to the use of these solutions in the hotels sector. He also talked of the expressed interest of several entities in being involved in this national project.

Further, the Ministry of Tourism has agreed with the Ministry of Finance lately for the periodical allocation of investments needed for the hotels, through loans which are to be allotted for this purpose only and to be paid back in accordance with occupancy rates at each hotel.

The European Bank for Reconstruction and Development held a workshop in Cairo yesterday to announce the results and findings of the mentioned study. The workshop was attended by Mr. Philip ter Woort, EBRD’s Regional Director and Head of the company conducting the study. EHA was represented by its Secretary General, Ms. Hala El Khatib.

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For further inquiries, please contact the Egyptian Hotels Association
Ms. Nevine Victor
Phone:37488468/37485083
Fax: 37608956/37611333
Email: nevine@egyptianhotels.org