Naama Bay is the centre of Sharm el Sheikh and here you will find most of the hotels, restaurants and bars. Its a good location and close to the beach as well.

Snorkeling or diving trips can be booked almost anywhere and you won't have a lot of trouble spotting some of the colourful marine life as Sharm el Sheikh is world famous for its impressive coral reefs and many species of fish. During the day we spent a lot of time on the beach or doing day trips.
We stayed at Oonas Dive Club Hotel, good location just by the beach & away from all the shops & busy areas. Everything is a lot more expensive here because more Europeans come here for their getaways.

We pretty much just relaxed & done nothing but eating :) Though this time we were swimming at the beach, the water was so clear & beautiful, not to mention the amount of fish that were around the shallow areas. It was better than snorkeling, lots more to see & all free!