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Tourism revenues returned to pre-pandemic levels in 2021
It’s official: Tourism is back. Tourism revenues surpassed USD 13 bn in 2021, returning to pre-pandemic levels, Al Borsa reports…
THIS EVENING: Egypt’s budget deficit widens slightly in 1H2021-22 + Tourism revenues returned to pre-pandemic levels in 2021 + House discusses tourism + hotels law
Good afternoon, wonderful people. Welcome to a relatively brisk Monday on this holiday-shortened workweek. THE BIG STORIES TODAY #1- Egypt’s…
Tourism revenues still below 2019 comps, but El Enany raises 2021 target
Tourism revenues in 1Q2021 are down almost 60% compared to pre-covid 1Q2019, with Egypt losing out on some USD 600…
Ka-ching
Tourists’ average spending in Egypt this year is expected to come in at USD 95 per night, Deputy Tourism Minister…
Russians returning to Sharm could reel in USD 3 bn -Goldman Sachs
The full resumption of Russian flights to Egypt could eventually generate some USD 3 bn in tourism revenues, according to…
Egypt targets USD 6-7 bn in 2021 tourism revenues
Egypt expects to see tourism revenues of USD 6-7 bn in 2021, with tourist arrivals recovering to 60% of 2019…
Egypt has made up to USD 800mn from 500K tourists visiting Egypt in 2021 so far
Some 500k tourists visited Egypt in 1Q2021, generating USD 600-800 mn in tourism revenues, Deputy Tourism Minister Ghada Shalabi told…