Tourist arrivals to Egypt grow 20% YoY in 9 months.
Egypt, Egypt’s tourism sector, has seen a remarkable recovery in the first nine months of 2023, with 11 million visitors arriving in the country.
4 questions to consider before buying a home
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Simple steps to buy a home successfully
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Which other tips do you recommend when buying a home?
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Egypt’s tourism sector has seen a remarkable recovery in the first nine months of 2023, with 11 million visitors arriving in the country, a 20% increase from the same period last year, according to Amr El Kady, the CEO of the General Egyptian Authority for Tourism Promotion. He also revealed that October witnessed a 10% growth in tourist arrivals, despite the regional instability. He projected that Egypt would welcome 15 million tourists by the end of the year.
The high demand for vacationing in Egypt has also boosted the hotel industry, with room rates rising by 20% to 30% between January and September. Tourism is a vital sector for Egypt’s economy, accounting for up to 15% of its gross national product (GNP) and providing a major source of foreign currency.
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