{"id":561331,"date":"2021-04-04T04:00:32","date_gmt":"2021-04-04T04:00:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/04\/egypt-has-made-up-to-usd-800mn-from-500k-tourists-visiting-egypt-in-2021-so-far\/"},"modified":"2021-04-04T04:00:32","modified_gmt":"2021-04-04T04:00:32","slug":"egypt-has-made-up-to-usd-800mn-from-500k-tourists-visiting-egypt-in-2021-so-far","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/04\/egypt-has-made-up-to-usd-800mn-from-500k-tourists-visiting-egypt-in-2021-so-far\/","title":{"rendered":"Egypt has made up to USD 800mn from 500K tourists visiting Egypt in 2021 so far"},"content":{"rendered":"

<\/a> Some 500k tourists visited Egypt in 1Q2021, <\/strong>generating USD 600-800 mn in tourism revenues<\/strong>, Deputy Tourism Minister Ghada Shalabi told Sky News Arabia<\/a> on Thursday.<\/p>\n

For comparison: <\/strong>This is roughly on par with the USD 800 mn<\/a> brought in by the sector in 3Q2020, and is a lot better than the USD 80-150 mn monthly average<\/a> seen through 2020. And some 2 mn tourists have visited the country<\/a> in the nine months since flights restarted following the initial wave of the virus.<\/p>\n

Recovery 2022?<\/strong> Bank of America said last month it expects Egypt\u2019s tourism revenues to recover to USD 7 bn next year<\/a>, after plummeting by 70% in 2020<\/a>. While the numbers of tourists visiting Egypt shrank to 3.6 mn from 13 mn in 2019, El Anany recently said Egypt could see a return to pre-covid visitor numbers as early as fall 2022<\/a>.<\/p>\n

Local businesses are still getting a helping hand:<\/strong> The government last week<\/a> extended for an additional six months a debt, tax, and utilities holiday for tourism companies and businesses originally introduced in April 2020<\/a>, while the civil aviation and tourism ministries have extended a campaign to promote domestic winter tourism<\/a> until 15 May.<\/p>\n","protected":false},"excerpt":{"rendered":"

Some 500k tourists visited Egypt in 1Q2021, generating USD 600-800 mn in tourism revenues, Deputy Tourism Minister Ghada Shalabi told Sky News Arabia on Thursday. For comparison: This is roughly on par with the USD 800 mn brought in by the sector in 3Q2020, and is a lot better than the USD 80-150 mn monthly […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7377],"tags":[107,72,568,397,238,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561331","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-covid-19","tag-enterpriseam","tag-ghada-shalaby","tag-khaled-el-anany","tag-tourism","tag-travel","wpautop","entry"],"acf":{"mongo_id":"1f1bc204-c57a-4f97-809e-890c3f575d45","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[561320],"teaser":"","voice_url":""},"yoast_head":"\nEgypt has made up to USD 800mn from 500K tourists visiting Egypt in 2021 so far - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/04\/egypt-has-made-up-to-usd-800mn-from-500k-tourists-visiting-egypt-in-2021-so-far\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt has made up to USD 800mn from 500K tourists visiting Egypt in 2021 so far\" \/>\n<meta property=\"og:description\" content=\"Some 500k tourists visited Egypt in 1Q2021, generating USD 600-800 mn in tourism revenues, Deputy Tourism Minister Ghada Shalabi told Sky News Arabia on Thursday. 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