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Discussion Starter · #1 ·
Egypt's 2010 tourist arrivals at 14 mln until October


The number of tourist arrivals to Egypt has reached 14 million in the year to October 2010, and the tourism sector is expected to see annual growth of not less than 18 percent by the end of 2010, Al-Gomhuria newspaper cited Tourism Minister Zoheir Garannah as saying.

There are currently 240,000 operating hotel rooms with around 212,000 additional rooms under construction, Garannah said, adding that the total number of tourist nights has increased to 140 million.

In its daily market report, Beltone Financial cited Garannah’s comments, where he highlighted the importance of tourist arrivals in creating job opportunities, saying that for each one million tourists; around 200,000 job opportunities are created. In 2010 alone, the tourism sector managed to add 600,000 additional jobs, Garanah added.

Egypt’s tourism sector has seen a strong rebound over the fiscal year ending June 2010, with annual growth in tourism receipts rising 10.5 percent to $11.5 billion, Beltone said. Tourism took a hit the previous year, contracting -3.1 percent in fiscal year 2008/09.

Total tourist arrivals rose to 13.8 million in fiscal year 09/10 from 12.3 million in fiscal year 2008/09.

“While revenues from tourism may constitute around 5 to 6 percent of GDP, its importance lies in the sector’s contribution to the increasing level of liquidity in the economy and, thus, its knock-on effect on consumer spending and private consumption, which is key for real GDP growth in Egypt,” Beltone commented in a note.

A key employer in Egypt, the sector absorbs around 11 percent of total employment opportunities, Beltone added.
http://www.thedailynewsegypt.com/tourism/egypts-2010-tourist-arrivals-at-14-mln-until-october.html

:cheers:

After calculating it, as of press release time, every 2 seconds a Tourist arrives in Egypt.
 

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Impressive numbers. Egypt is expected to be the second most popular tourist destination after Thailand this winter (in Sweden).
 

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Does this make Egypt Africa's most visited country for 2010?

Impressive numbers. Egypt is expected to be the second most popular tourist destination after Thailand this winter (in Sweden).
In a paralell universe where nuclear bombs have annihilated France,US,Spain,UK etc.Dude,crack is whack!
 

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Discussion Starter · #4 ·
Does this make Egypt Africa's most visited country for 2010?
Well 14 million as of October, and theres still the winter months, which are a peak season, so the number is bound to grow. Yes, it will probably make Egypt Africa's most visited country for 2010.

But thats not really a change, Egypt has been Africa's most visited destination for the past few years. Closely followed by South Africa in second place.
 

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^^Of course its public knowledge that Egypt is pharoah when it comes to the continent's tourism figures.My reason for asking was the fact that SA hosted the WC earlier this year,thought that would've have changed the equation slightly.Guess not.
 

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Operating in the heart of our hospitality & tourism trade and contributing to these figures and key employment myself, I'd cherish the abolishment of the all-inclusive concept the majority of hotel chains resort to to cater for diverse audiences.
 

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Discussion Starter · #9 ·
that's HUGE :)
I am wondering if egyptians living abroad are counted ??
you know they are everywhere :)
Obviously, they're not going to count Egyptian Passport holders visiting home as tourists. The figures are for foreign nationals, entering on a Tourist Visa.
 

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Discussion Starter · #10 ·
The hard workers behind Egypt's tourism success: The Ministry of Tourism, really hats off to them.

Just check out the official website, look how attractive, organized, informative and helpful they made it:

www.egypt.travel

Also, this Advertisement campaign popping up on CNN and in several countries across the World:

 

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WOW, what an amazing news! I once read an article that said: "Russia is one of the biggest source of tourists to Egypt, followed by countries like Italy, France, and Poland or so." Up Egypt!
 

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Those Arriving Tourist Numbers for Egypt is HUGE!!!!!
Waoh!!! Go, Go Egypt!!
Btw: How much does Tourism contribute to the Egyptian Economy?
 

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Discussion Starter · #13 ·
WOW, what an amazing news! I once read an article that said: "Russia is one of the biggest source of tourists to Egypt, followed by countries like Italy, France, and Poland or so." Up Egypt!
Indeed, I believe Russian tourists are the Number 1 or Number 2 visitors to Egypt. They arrive in the masses especially in winter, for the Red Sea.

Btw: How much does Tourism contribute to the Egyptian Economy?
Tourism contributes around 11% percent of GDP, but its importance however lies in the sector’s contribution to the increasing level of liquidity in the economy and, thus, its knock-on effect on consumer spending and private consumption, which is key for real GDP growth in Egypt

I believe last year, with 12.8 Million Tourist arrivals, brought a Tourism revenue of $11 Billion.

Also as the article mentions, for each one million tourists; around 200,000 job opportunities are created. Currently, 12% of the workforce is employed in the Tourist Industry.

Article from August:

Egyptian Tourism Revenue Sees Dramatic Growth in 2010

Egypt continues to defy industry trends in 2010, posting strong revenue figures for the first half of the year.



Egypt's Tourism Minister Zoheir Garrana has announced that the country’s tourism revenues from the first six months of 2010 have increased by 17.6 per cent compared to the same period last year. Garrana indicates a number of factors as contributing to the boost, including the strong euro driving holidaymakers out of the eurozone, record winter temperatures in Europe, and increasing numbers of Russian tourists now looking outside their own country for cheap holidays.

Tourism revenues reached $5.58 billion in the first half of 2010, compared to $4.6 billion in the same period last year. Meanwhile, industry analysts predict revenues to reach $12.4 billion by the end of the fiscal year, up on $10.8 billion in 2009.

“Revenues were predicted to rally during this period, as the effects of the recession dissipated,” says Ian Raine of holiday experts ulookubook.com. “There were other factors, of course, such as the weak pound driving British holidaymakers away from the eurozone, and the continued growth of Egypt’s robust package holiday industry – perhaps demonstrated best by the increased sales of holidays to Sharm el Sheikh the past quarter. Unfortunately the ash cloud did much to dampen growth in April, with arrivals only up five per cent, compared to 20 per cent the month before.”

Over 7 million tourists came to the country in the first half of 2010 – an increase of 21 per cent from the same period in 2009. Garrana points to the 95 per cent increase in Russian tourists booking holidays to Egypt - presumably to escape record low temperatures in their own country - contributing to the overall rise. Meanwhile, the average length of stay grew from 9.3 days in 2007 to over 10 days in 2010.

“It’s amazing what a bad winter can do to summer industry figures,” continues Raine. “The effect isn’t just limited to Egypt either, for the rest of the Mett - that’s Morocco, Egypt, Tunisia and Turkey – have all shown impressive Q2 numbers.”

Egyptian tourism is responsible for 11 per cent of the country’s GDP, with around one in eight Egyptians working in the industry.
http://www.prweb.com/releases/ulookyoubook/egypt-tourism-growth/prweb4371654.htm
 

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Tourism having as large as 12% in an Economy as big as Egypt's is HUGE!!! Daaaamn!
Keep on Rocking, Misr!!!
 
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