Bunnik Egypt acquisition

Bunnik Egypt acquisition

BUNNIK Tours has continued its longstanding commitment to the Egyptian tourism sector with the purchase of a majority stake in its Cairo-based ground operator.

CEO Dennis Bunnik told TD the business would operate as a joint venture with its management team, and that Bunnik Tours saw the deal as an “investment in the future of Egypt”.

Unlike many other operators, Bunnik Tours had unwaveringly maintained its presence in Egypt, continuing to work with and support the team there during the lean years after the 2011 Arab Spring revolution, he said.

That commitment has now paid off, with Bunnik saying “Egypt is back – booking numbers are now above pre-revolution peaks.

“It is the perfect time to realise our dream and officially launch the joint venture,” he said.

The official opening of a new office in Cairo last weekend was attended by founder Marion Bunnik and sons and co-owners Dennis (CEO) and Sacha (MD), along with many local hoteliers and Nile cruise operator suppliers.

Bunnik said it was an opportunity to “celebrate old friendships and 14 years of working together showing Australians the best of Egypt”.

The event was a double family occasion as Marion and husband Frank celebrated their 50th wedding anniversary.

Attendees at the launch event also included a number of European partners who will be using the Bunnik Egypt ground operations for their clients.

Source: traveldaily