Rowad Misr Tourism Investment
EEGX:RMTV100.00
EGP
0.00
(0.00%)
Rowad Misr Tourism Investment
EGX:RMTV
(Egyptian Exchange)
Recent
price
100.00
P/E
ratio
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div
yld
- -
ROIC.AI
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- Business
- Rowad Misr Tourism Investment S.A.E. is an Egypt-based public shareholding company primarily engaged in the tourism, hospitality, and leisure investment sectors. Founded in 1988 and headquartered in Giza, Egypt, the company operates across major Egyptian travel destinations, with a core focus on the Red Sea and South Sinai governorates. Rowad Misr Tourism Investment develops, owns, operates, and finances a diverse portfolio of hospitality and travel infrastructure assets. The company's core products and services include: hotel and resort property development, acquisition, and hospitality management; comprehensive travel agency and tour operator services, encompassing inbound and outbound tour packages, corporate travel planning, flight booking, and lodging reservations; tourist transportation operations, comprising a dedicated fleet of passenger motor coaches, tourist buses, and private transfer vehicles; and recreational and hospitality support facilities, featuring food and beverage outlets, beachfront recreational areas, health clubs, and water sports centers. In recent developments, the company has implemented extensive renovation and upgrade programs across its lodging properties to capture surging European and Gulf tourist demand; expanded commercial distribution partnerships with international tour operators and online travel agencies (OTAs); executed financial and operational restructuring initiatives to optimize asset utilization and improve liquidity; and modernized its transport fleet and digital booking systems to enhance operational efficiency and customer service standards.