The city was founded in the early 20th century. Until a few years ago it was a small fishing village but since the 1980s has been continually enlarged by Egyptian and foreign investors to become the leading coastal resort on the Red Sea. Holiday villages and hotels provide aquatic sport facilities for sailboarders, yachtsmen, scuba divers and snorkelers. Hurghada is known for its watersports activities, nightlife and warm weather. Daily temperature hovers round 30 °C (86 °F) most of the year. Numerous Europeans spend their Christmas and New Year holidays in the city, mainly Germans, Russians and Italians.