{"id":594336,"date":"2019-10-27T04:08:53","date_gmt":"2019-10-27T04:08:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/"},"modified":"2019-10-27T04:08:53","modified_gmt":"2019-10-27T04:08:53","slug":"peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/","title":{"rendered":"Peak UK tourist numbers would increase GDP by 0.15% each year -Capital Economics"},"content":{"rendered":"<p>The Egyptian economy would receive a 0.15% GDP boost if the number of UK tourists returns to its pre-2011 peak, Capital Economics\u2019 senior EM economist Jason Tuvey wrote in a note on Friday. Arrivals from the UK have remained 75% below their peak amid a four-year ban on flights to Sharm El Sheikh and continued political uncertainty. The UK\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/23\/uk-lifts-flight-ban-to-sharm-el-sheikh\/\">decision to lift its flight restrictions<\/a> last week is a \u201cboon for the country\u2019s tourism sector\u201d that will contribute to increasing economic growth next year, Tuvey says. Red Sea Holidays <a href=\"https:\/\/www.mirror.co.uk\/travel\/news\/first-flights-sharm-el-sheikh-20700005\">announced hours after the ban was lifted<\/a> that it would launch weekly charter flights from late December. TUI, meanwhile, is looking to start flights next summer and Easyjet is considering its options.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian economy would receive a 0.15% GDP boost if the number of UK tourists returns to its pre-2011 peak, Capital Economics\u2019 senior EM economist Jason Tuvey wrote in a note on Friday. Arrivals from the UK have remained 75% below their peak amid a four-year ban on flights to Sharm El Sheikh and continued [&hellip;]<\/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":[1433,3324,104,72,348,954,238,9871],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594336","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-capital-economics","tag-easyjet","tag-economy","tag-enterpriseam","tag-gdp","tag-sharm-el-sheikh","tag-tourism","tag-tui","wpautop","entry"],"acf":{"mongo_id":"a2c3c910-0668-4596-be97-54cd9e3c1255","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[594306],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Peak UK tourist numbers would increase GDP by 0.15% each year -Capital Economics - 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\/2019\/10\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Peak UK tourist numbers would increase GDP by 0.15% each year -Capital Economics\" \/>\n<meta property=\"og:description\" content=\"The Egyptian economy would receive a 0.15% GDP boost if the number of UK tourists returns to its pre-2011 peak, Capital Economics\u2019 senior EM economist Jason Tuvey wrote in a note on Friday. Arrivals from the UK have remained 75% below their peak amid a four-year ban on flights to Sharm El Sheikh and continued [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-27T04:08:53+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Peak UK tourist numbers would increase GDP by 0.15% each year -Capital Economics\",\"datePublished\":\"2019-10-27T04:08:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\"},\"wordCount\":133,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Capital Economics\",\"EasyJet\",\"economy\",\"EnterpriseAM\",\"GDP\",\"Sharm El Sheikh\",\"tourism\",\"TUI\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/peak-uk-tourist-numbers-would-increase-gdp-by-0-15-each-year-capital-economics\/\",\"name\":\"Peak UK tourist numbers would increase GDP by 0.15% each year -Capital Economics - 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Flights will run five times a week\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592800,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/easyjet-to-begin-launching-holiday-packages-to-egypt-operate-naples-hurghada-flights\/","url_meta":{"origin":594336,"position":1},"title":"EasyJet to begin launching holiday packages to Egypt, operate Naples-Hurghada flights","author":"enterpriseam admin","date":"6 November 2019","format":false,"excerpt":"EasyJet has announced that it will launch package holidays to Sharm El Sheikh and Hurghada for the first time in summer 2020, theIrish Sun reports. The company plans to feature travel offers for 24 hotels in the two Red Sea resorts. The UK travel provider is the second company to\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567265,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/16\/easyjet-resumes-flights-to-egypt\/","url_meta":{"origin":594336,"position":2},"title":"EasyJet resumes flights to Egypt","author":"enterpriseam admin","date":"16 January 2020","format":false,"excerpt":"Budget airline EasyJet is resuming UK flights to Egypt in June, after a five year hiatus. The airline will operate two flights a week from Manchester to Sharm El-Sheikh, followed by two flights a week from London Gatwick to Sharm El-Sheikh in September, Reuters reports.","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594222,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/uk-lifts-flight-ban-to-sharm-el-sheikh\/","url_meta":{"origin":594336,"position":3},"title":"UK lifts flight ban to Sharm El Sheikh","author":"enterpriseam admin","date":"23 October 2019","format":false,"excerpt":"The UK finally lifts four-year flight ban on Sharm El-Sheikh: The British government informed airlines in a statement yesterday that it \u201cno longer advises against flying to Egypt\u2019s Sharm El Sheikh Airport.\u201d The announcement puts an end to the UK\u2019s four-year ban on flights, which was introduced after the downing\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/British-Airways-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592646,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/03\/tui-to-resume-selling-sharm-el-sheikh-holiday-packages-next-week\/","url_meta":{"origin":594336,"position":4},"title":"Tui to resume selling Sharm El Sheikh holiday packages next week","author":"enterpriseam admin","date":"3 November 2019","format":false,"excerpt":"Tui to resume selling Sharm El Sheikh holiday packages next week, to allow travel from February 2020: Tui, the UK\u2019s biggest holiday firm, plans to resume selling holiday packages to Sharm El Sheikh, which will be available within three months, the Independent reports. Tui flights and holidays are set to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570311,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/26\/covid-19-could-cause-egypts-gdp-to-shrink-1-3-this-year-capital-economics\/","url_meta":{"origin":594336,"position":5},"title":"Covid-19 could cause Egypt\u2019s GDP to shrink 1.3% this year -Capital Economics","author":"enterpriseam admin","date":"26 March 2020","format":false,"excerpt":"Covid-19 could cause Egypt\u2019s GDP to shrink 1.3% this year, before bouncing back in 2021, says Capital Economics: Egypt could see its economy contract 1.3% in 2020 on the back of the covid-19 outbreak, said Jason Tuvey, senior EM economist at Capital Economics. 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