According to our new research report, “Egypt Tourism Sector Analysis”, promotional activities by the government and increasing popularity of its ancient sites is driving the tourism industry in Egypt. Despite the shady outlook for the world economy, tourist arrivals in Egypt rose sharply by around 19% to 13 Million in 2008 while income from tourism was around US$ 11.6 Billion, which is huge 23% up from 2007.
As per the report, Egypt’s immense archaeological richness is luring the tourists from around the world. The enduring fascination, particularly in Europe and the US, with the pharaonic era of Egypt’s past is a major pull. The Giza pyramids are one of the world’s must-see sites, and the tombs and temples of Luxor and Abu Simbel are globally renowned. Other pharaonic sites along the Nile Valley are driving the tourism industry in Egypt. In fact, the country has started state-of-the-art Nile Cruises to attract tourists to take a look at Luxor and Aswan.
Banking on its ancient civilization and cultural richness, the Egyptian Ministry of Tourism is adopting aggressive marketing campaigns to promote its tourism industry internationally. It has led to an increase in the number of tourists in the past years. The Ministry is promoting the country under the slogans “The Gift of the Sun” and “Egypt… the Incomparable” and is aiming to a greater number of visitors from Europe. Other promotional campaigns have also been engineered both locally and overseas to attract tourists from around the world. For example, due to strong promotional campaigns, tourists from the US reached 319,000 in 2008, 17% higher over the previous year.
“Egypt Tourism Sector Analysis” provides in-depth analysis of the present and future prospects of the Egyptian tourism industry. It looks into Egyptian tourism sector in detail with the focus on different parameters like inbound and outbound tourism, expenditure by inbound and outbound tourists, accommodation facilities, transportation facilities and aviation industry. It provides strategic insight to clients to evaluate the opportunities for their success in the Egyptian tourism industry.
The study gives forecast on international tourist arrivals by country, international tourism receipts, international tourist departures, outbound tourism expenditure, and capital investment in travel and tourism industry.
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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
