The Red Sea resorts of Sharm el Sheikh and Hurghada remained popular but according to leading holiday rental site, HomeAway Holiday-Rentals, it is the area just north of Hurghada, El Gouna, which is shining as the Egyptian holiday hotspot with a 92% rise in booking enquiries so far in 2010 compared to the same period in 2009.
Steven Worboys, MD of Egypt property experts, Experience International, remarks,
“El Gouna is a beautiful, up and coming resort on the Red Sea coast offering an unrivalled lifestyle. With 10km of golden sandy beaches, islands, crystal clear lagoons and a warm year round climate, it really is the perfect holiday destination.”
El Gouna’s popularity as an exclusive tourism destination is reflected in the high demand for rental accommodation. According to HomeAway Holiday-Rentals data, the average weekly rate for a 2 bedroom property in El Gouna is £480, considerably higher than nearby Hurghada at £270 and Sharm el Sheikh at £280, which should excite property owners.