Egypt. Egypt's travel and tourism industry is one of the country's leading economic sectors, contributing about 32 billion U.S. dollars to the GDP in 2022. As of the same year, international ...
Travel and tourism industry in Egypt
The direct contribution of travel and tourism to the GDP in Egypt was close to 200 billion EGP in 2017, and is estimated to rise by 4.5 percent from 2018 to 2028 to 289.7 billion EGP.
Tourism in Egypt
Income from tourism (1982-2003) The number of tourists in Egypt stood at 0.1 million in 1952. Tourism became an important sector of the economy from 1975 onwards, as Egypt eased visa restrictions for almost all European and North American countries and established embassies in new countries like Austria, Netherlands, Denmark and Finland.In 1976, tourism was a focal point of the Five Year ...
Egypt Tourist Statistics Statistics: Market Data Report 2024
The tourism sector in Egypt generated over $12 billion in revenue in 2019. The tourism sector in Egypt saw a growth rate of 16.5% in 2018, outpacing the global average. Egypt's tourism sector is projected to create over 1.2 million jobs by 2029. Egypt's tourism revenue is expected to reach $9.8 billion in 2023, driven by increased visitor ...
A sustainable tourism model transforms economic development: the Egypt
Egypt is best characterized as a Low-Cost Mass Tourism Magnet. According to the IMF, the tourism industry employed 10 percent of the population and contributed to about 12 percent of GDP pre-pandemic. Egypt ranks first in Africa, fifth in MENA, and 51 st globally in the travel and tourism development index (TTDI). It is a top performer in the ...
Egypt's Tourism Sector Contributed $20B To Economy In 2023
Forbes Middle East. <p>The Egyptian travel and tourism sector contributed a record $19.8 billion (EGP 953 billion) to the country's gross domestic product (GDP) during 2023, indicating a full recovery, according to a report by the World Travel & Tourism Council (WTTC).</p>.
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TOURISM Egypt is often referred to as "Um Al-Dunya," or "Mother of the World;" its cultural heritage holds importance on an international scale. And conservation work on famous landmarks directly benefits local residents: Egypt's ancient sites and Red Sea coast attract visitors from across the globe, with tourism accounting for about ...
What reforms are supporting Egypt's tourism industry?
Performance & Size. According to The World Travel & Tourism Council (WTTC), Egypt's tourism industry has demonstrated rapid growth since the decline that followed the 2011 revolution. In 2019 travel and tourism contributed LE496.4bn ($30.6bn) to Egypt's GDP, around 9.3% of the total, representing a 0.2% increase on the previous year.
Infrastructure investment positions Egypt's tourism industry for growth
In the years leading up to the Covid-19 pandemic, the tourism sector was a key contributor to economic growth and foreign exchange. Egypt was expecting significant growth in tourism going into 2020 with the opening of new flight routes and museums, as well as investment in antiquities. The pandemic's impact on the tourism sector in
How Egypt's tourism businesses are bouncing back
November 07, 2021. On a recent Saturday at the Pyramids of Giza, the area was buzzing with something that had not been seen in more than a year: buses filled with tourists. Travel restrictions and lockdowns because of the Covid-19 pandemic wiped out $17.6 billion from Egypt's economy last year, including 844,000 travel and tourism jobs ...
Egypt Tourism Statistics 1960-2024
Egypt tourism statistics for 2021 was 0.00, a 100% decline from 2020. Egypt tourism statistics for 2020 was 4,874,000,000.00, a 65.81% decline from 2019. Egypt tourism statistics for 2019 was 14,256,000,000.00, a 12.22% increase from 2018. International tourism receipts are expenditures by international inbound visitors, including payments to ...
Egypt's tourism sector sees 'remarkable growth,' tourism receipts to
Total tourism receipts in Egypt, or expenditures made by inbound visitors to the country, stood at $16.4 billion in 2019, and Egypt's tourism industry is on its way to a remarkable recovery after years of political instability and security concerns, with spending from foreign visitors to the country to 29.7 billion by 2024, according to Danielle Curtis, Exhibition Director ME at the Arabian ...
Development and importance of tourism for Egypt
Within 26 years, the country's dependence on tourism has decreased slightly. Before the outbreak of the COVID-19 pandemic, sales were $14.26 billion billion, 4.5 percent of gross national product. In 2020, tourist receipts plummeted due to the COVID-19 pandemic. Of the $14.26 billion billion (2019), only $4.87 billion billion remained.
Egypt's New Tourism Strategy for 2024
Egypt's New Tourism Strategy seeks to double the size of the country's long-established tourism sector by eliminating the existing bottlenecks in terms of air travel, visas, and sightseeing opportunities. ... Despite its iconic status, the tourism industry has been through some ups and downs over the years. The 2000s, for instance, saw ...
Tourism industry in Egypt
Statistics report about the tourism industry in Egypt. This report presents a range of statistics and facts on travel and tourism in Egypt. It provides an overview, presenting deeper insights into ...
National Strategy for Sustainable Tourism 2030
07:29 PM. 12 March, 2024. 01:45 AM. The strategy aims to increase tourism traffic to 30 million tourists by 2028, by working to achieve incoming tourist traffic rates to the Egyptian tourist destination by about 25% and 30% annually, within the framework of Egypt's vision for sustainable development 2030. The strategy is based on 6 axes:
Egypt Travel and Tourism Market Summary, Competitive Analysis and
The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market. The Egyptian travel and tourism industry had total revenues of $18.5 billion in 2022, representing a compound annual growth rate (CAGR) of 2.8% between 2017 ...
Egypt Tourism Report
Egypt Tourism Report. $1,705.00. In 2024, Egypt's tourist arrivals will grow from the 2023 level, a year that marked a full recovery in arrivals as they rose above the pre-pandemic level. While we expect Egypt's tourist arrivals to remain resilient over 2024, regional geopolitical tensions stemming from the Israel-Hamas war are a downside risk ...
History of Tourism Industry in Egypt
tourism industry in egypt. According to Egypt's Tourism Satellite Account (TSA 2014, employment in tourism stood at 1.8 million individuals, representing 6.3% of the total labor force and 7.2% of total employment in Egypt. Around 74% of employees in tourism are full-time with 26% working on a temporary basis or part-time.
The Impact of Egypt'S Inclusion in Brics on Egyptian Tourism and Hotel
In this paper, we present an overview of tourism in Egypt and its impact on the Egyptian economy based on a data published by the World Tourism Organization (2019) and by the Egyptian Ministry of ...
Egypt: tourism value added to GDP 2023
In 2019, the value added by tourism to the Egyptian GDP reached close to 31.5 billion U.S. dollars. Furthemore, the travel and tourism sector was forecast to contribute 35.1 billion U.S. dollars ...
Egypt's Ministry of Finance has launched a new EGP 50bn tourism initiative to encourage the construction of more hotel rooms and accommodate a larger number of visitors, Finance Minister Ahmed ...
Tourism industry resilience and its influencing factors in 60 BRI
This dataset examines 60 BRI countries, encompassing 11 countries in Southeast Asia (Timor-Leste, the Philippines, Cambodia, Laos, Malaysia, Myanmar, Thailand, Brunei, Singapore, Indonesia, and Viet Nam), 2 countries in Northeast Asia (China and Mongolia), 6 countries in South Asia (Pakistan, Bhutan, Maldives, Nepal, Sri Lanka, and India), 4 countries in Central Asia (Kazakhstan, Kyrgyzstan ...
Greece's Hot Fall Vacation Destinations for Tourism Revealed
Greece's tourism industry has bounced back post-pandemic, and, over the first seven months of this year, receipts-arrivals increased by up to ... Antalya in Turkey leads bookings, followed by Mallorca, Crete, Kos, and Hurghada in Egypt. TUI announced it is adding 75,000 extra vacation packages and 65 additional flights, extending the season ...
Sisi's visit solidifies a new phase in Egypt and Turkey's ties
The visit which Sisi paid to Turkey earlier this month spoke to how far Cairo and Ankara have come in their normalisation process. Building on Erdogan's milestone visit to Egypt in February, Sisi's visit to Ankara - the first paid by an Egyptian president since Morsi came to the Turkish capital in September 2012 - was of tremendous significance to the future of bilateral relations.
Resources are out there for LGBTQ+ travelers looking to stay safe
This 2023 photo shows Stefan Arestis, right, and Sebastien Chaneac, at the Pyramids in Egypt. The two are globetrotters who run the LGBTQ+-focused travel blog The Nomadic Boys. ... a New York-based travel writer and speaker with 30 years of experience in the industry. "People aren't going to stop traveling. ... "We advise caution over ...
Egypt: tourist spending by segment 2022
Statistics on " Tourism industry in Egypt " The most important statistics. Share of travel and tourism in Africa's GDP 2019 -2023; Total contribution of travel and tourism to employment in ...
LK
The country - like many countries - saw its tourism industry hit hard by the COVID-19 pandemic. But the tourism industry is reaping the benefits of a turnaround. India is the largest source of tourists with 246,922 arrivals, followed by United Kingdom with 123,992, latest data from the Sri Lanka Development Authority showed. 2. Further Details
Egypt: contribution of tourism to GDP 2023
Contribution of travel and tourism to GDP in Egypt 2005-2023. In 2022, travel and tourism contributed 7.7 percent to Egypt's Gross Domestic Product (GDP). The share increased compared to 2020 ...
Egypt: tourist expenditure 2022
Statistics on " Tourism industry in Egypt " The most important statistics. Share of travel and tourism in Africa's GDP 2019 -2023; Total contribution of travel and tourism to employment in ...
COMMENTS
Egypt. Egypt's travel and tourism industry is one of the country's leading economic sectors, contributing about 32 billion U.S. dollars to the GDP in 2022. As of the same year, international ...
The direct contribution of travel and tourism to the GDP in Egypt was close to 200 billion EGP in 2017, and is estimated to rise by 4.5 percent from 2018 to 2028 to 289.7 billion EGP.
Income from tourism (1982-2003) The number of tourists in Egypt stood at 0.1 million in 1952. Tourism became an important sector of the economy from 1975 onwards, as Egypt eased visa restrictions for almost all European and North American countries and established embassies in new countries like Austria, Netherlands, Denmark and Finland.In 1976, tourism was a focal point of the Five Year ...
The tourism sector in Egypt generated over $12 billion in revenue in 2019. The tourism sector in Egypt saw a growth rate of 16.5% in 2018, outpacing the global average. Egypt's tourism sector is projected to create over 1.2 million jobs by 2029. Egypt's tourism revenue is expected to reach $9.8 billion in 2023, driven by increased visitor ...
Egypt is best characterized as a Low-Cost Mass Tourism Magnet. According to the IMF, the tourism industry employed 10 percent of the population and contributed to about 12 percent of GDP pre-pandemic. Egypt ranks first in Africa, fifth in MENA, and 51 st globally in the travel and tourism development index (TTDI). It is a top performer in the ...
Forbes Middle East. <p>The Egyptian travel and tourism sector contributed a record $19.8 billion (EGP 953 billion) to the country's gross domestic product (GDP) during 2023, indicating a full recovery, according to a report by the World Travel & Tourism Council (WTTC).</p>.
TOURISM Egypt is often referred to as "Um Al-Dunya," or "Mother of the World;" its cultural heritage holds importance on an international scale. And conservation work on famous landmarks directly benefits local residents: Egypt's ancient sites and Red Sea coast attract visitors from across the globe, with tourism accounting for about ...
Performance & Size. According to The World Travel & Tourism Council (WTTC), Egypt's tourism industry has demonstrated rapid growth since the decline that followed the 2011 revolution. In 2019 travel and tourism contributed LE496.4bn ($30.6bn) to Egypt's GDP, around 9.3% of the total, representing a 0.2% increase on the previous year.
In the years leading up to the Covid-19 pandemic, the tourism sector was a key contributor to economic growth and foreign exchange. Egypt was expecting significant growth in tourism going into 2020 with the opening of new flight routes and museums, as well as investment in antiquities. The pandemic's impact on the tourism sector in
November 07, 2021. On a recent Saturday at the Pyramids of Giza, the area was buzzing with something that had not been seen in more than a year: buses filled with tourists. Travel restrictions and lockdowns because of the Covid-19 pandemic wiped out $17.6 billion from Egypt's economy last year, including 844,000 travel and tourism jobs ...
Egypt tourism statistics for 2021 was 0.00, a 100% decline from 2020. Egypt tourism statistics for 2020 was 4,874,000,000.00, a 65.81% decline from 2019. Egypt tourism statistics for 2019 was 14,256,000,000.00, a 12.22% increase from 2018. International tourism receipts are expenditures by international inbound visitors, including payments to ...
Total tourism receipts in Egypt, or expenditures made by inbound visitors to the country, stood at $16.4 billion in 2019, and Egypt's tourism industry is on its way to a remarkable recovery after years of political instability and security concerns, with spending from foreign visitors to the country to 29.7 billion by 2024, according to Danielle Curtis, Exhibition Director ME at the Arabian ...
Within 26 years, the country's dependence on tourism has decreased slightly. Before the outbreak of the COVID-19 pandemic, sales were $14.26 billion billion, 4.5 percent of gross national product. In 2020, tourist receipts plummeted due to the COVID-19 pandemic. Of the $14.26 billion billion (2019), only $4.87 billion billion remained.
Egypt's New Tourism Strategy seeks to double the size of the country's long-established tourism sector by eliminating the existing bottlenecks in terms of air travel, visas, and sightseeing opportunities. ... Despite its iconic status, the tourism industry has been through some ups and downs over the years. The 2000s, for instance, saw ...
Statistics report about the tourism industry in Egypt. This report presents a range of statistics and facts on travel and tourism in Egypt. It provides an overview, presenting deeper insights into ...
07:29 PM. 12 March, 2024. 01:45 AM. The strategy aims to increase tourism traffic to 30 million tourists by 2028, by working to achieve incoming tourist traffic rates to the Egyptian tourist destination by about 25% and 30% annually, within the framework of Egypt's vision for sustainable development 2030. The strategy is based on 6 axes:
The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market. The Egyptian travel and tourism industry had total revenues of $18.5 billion in 2022, representing a compound annual growth rate (CAGR) of 2.8% between 2017 ...
Egypt Tourism Report. $1,705.00. In 2024, Egypt's tourist arrivals will grow from the 2023 level, a year that marked a full recovery in arrivals as they rose above the pre-pandemic level. While we expect Egypt's tourist arrivals to remain resilient over 2024, regional geopolitical tensions stemming from the Israel-Hamas war are a downside risk ...
tourism industry in egypt. According to Egypt's Tourism Satellite Account (TSA 2014, employment in tourism stood at 1.8 million individuals, representing 6.3% of the total labor force and 7.2% of total employment in Egypt. Around 74% of employees in tourism are full-time with 26% working on a temporary basis or part-time.
In this paper, we present an overview of tourism in Egypt and its impact on the Egyptian economy based on a data published by the World Tourism Organization (2019) and by the Egyptian Ministry of ...
In 2019, the value added by tourism to the Egyptian GDP reached close to 31.5 billion U.S. dollars. Furthemore, the travel and tourism sector was forecast to contribute 35.1 billion U.S. dollars ...
Egypt's Ministry of Finance has launched a new EGP 50bn tourism initiative to encourage the construction of more hotel rooms and accommodate a larger number of visitors, Finance Minister Ahmed ...
This dataset examines 60 BRI countries, encompassing 11 countries in Southeast Asia (Timor-Leste, the Philippines, Cambodia, Laos, Malaysia, Myanmar, Thailand, Brunei, Singapore, Indonesia, and Viet Nam), 2 countries in Northeast Asia (China and Mongolia), 6 countries in South Asia (Pakistan, Bhutan, Maldives, Nepal, Sri Lanka, and India), 4 countries in Central Asia (Kazakhstan, Kyrgyzstan ...
Greece's tourism industry has bounced back post-pandemic, and, over the first seven months of this year, receipts-arrivals increased by up to ... Antalya in Turkey leads bookings, followed by Mallorca, Crete, Kos, and Hurghada in Egypt. TUI announced it is adding 75,000 extra vacation packages and 65 additional flights, extending the season ...
The visit which Sisi paid to Turkey earlier this month spoke to how far Cairo and Ankara have come in their normalisation process. Building on Erdogan's milestone visit to Egypt in February, Sisi's visit to Ankara - the first paid by an Egyptian president since Morsi came to the Turkish capital in September 2012 - was of tremendous significance to the future of bilateral relations.
This 2023 photo shows Stefan Arestis, right, and Sebastien Chaneac, at the Pyramids in Egypt. The two are globetrotters who run the LGBTQ+-focused travel blog The Nomadic Boys. ... a New York-based travel writer and speaker with 30 years of experience in the industry. "People aren't going to stop traveling. ... "We advise caution over ...
Statistics on " Tourism industry in Egypt " The most important statistics. Share of travel and tourism in Africa's GDP 2019 -2023; Total contribution of travel and tourism to employment in ...
The country - like many countries - saw its tourism industry hit hard by the COVID-19 pandemic. But the tourism industry is reaping the benefits of a turnaround. India is the largest source of tourists with 246,922 arrivals, followed by United Kingdom with 123,992, latest data from the Sri Lanka Development Authority showed. 2. Further Details
Contribution of travel and tourism to GDP in Egypt 2005-2023. In 2022, travel and tourism contributed 7.7 percent to Egypt's Gross Domestic Product (GDP). The share increased compared to 2020 ...
Statistics on " Tourism industry in Egypt " The most important statistics. Share of travel and tourism in Africa's GDP 2019 -2023; Total contribution of travel and tourism to employment in ...