Egypt partners with Google to promote 'unmatched diversity' tourism campaign    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Taiwan GDP surges on tech demand    World Bank: Global commodity prices to fall 17% by '26    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's tourism revenue 'to fall' 25%
Published in The Egyptian Gazette on 10 - 04 - 2011

CAIRO - Egypt's vital tourism industry, crippled by political turmoil, will suffer a 25 per cent drop in revenue in 2011 and will need until September to get back on track, Minister of Tourism Mounir Fakhry Abdel Nour has said.
An 18-day popular uprising that forced out former president Hosni Mubarak saw much of Egypt's economy grind to a halt and slashed tourism revenue for February by more than half.
March figures fell by 60 percent from last year, Abdel Nour told Reuters.
With its pharaonic antiquities and year-round warm beaches, Egypt relies on tourism as its top foreign currency earner, source of over a tenth of gross domestic product. It provides one in eight jobs in a country beset by high unemployment.
"Our revenues of 2010 were $12.5 billion, we should be 25 per cent below that in 2011," Abdel Nour said, but said it could be pushed even lower.
"Egypt is in transition, at the end of the day, and any transition path could be bumpy," he said.
The turmoil that scared tourists away and prompted overseas warnings against visiting Egypt has abated. Tourists are dribbling back and most of the warnings have been lifted.
But hotel occupancy rates in the key Red Sea resorts of Hurghada and Sharm el-Sheikh, remain below 40 percent, Abdel Nour said.
"Until today, we have not recouped the normal pace of tourism in Egypt. That was expected and it is understandable. But we expect to be back on track by September."
Egypt is launching a global advertising campaign, pressing for the lifting of remaining travel bans and offering incentives to cut charter flight fees, the minister said.
The tourism ministry is working with young Egyptians who have launched an "Egypt is Safe" campaign, and is counting on bringing visitors to Cairo's Tahrir Square, the epicentre of protests, as an attraction.
"Tahrir square has become a target for tourists to visit, it has become a popular destination," Abdel Nour said, adding that social media were also being used to bring back tourists.
Google Inc, whose executive Wael Ghonim played a key role in Egypt's uprising, wanted to co-ordinate a marketing campaign with Egyptian tourism authorities and would help with selling airline tickets online, he said.
Egypt has coped with a number of tourism scares in recent years. In 1997, gunmen killed 58 tourists and four Egyptians at an ancient temple near the southern town of Luxor, severely damaging tourism.
From 2004 to 2006, there were a series of deadly bomb attacks at Red Sea resorts in the Sinai, but tourist bookings swiftly recovered.
Recovering from the political turmoil this time will be much more challenging and take more time, Abdel Nour said.
"The name of the game is peace and stability and until the tourist is convinced that security is restored to the country, we will not be able to recoup what we have lost," he said.
"We are doing whatever we can to inform the world that security is prevailing, that hotels and Egyptians are waiting to receive tourists," Abdel Nour said. "And with this effort, I expect the last quarter of the year to be excellent."


Clic here to read the story from its source.