{"id":600899,"date":"2019-02-13T04:17:43","date_gmt":"2019-02-13T04:17:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/tourism-revenue-could-rise-by-2-of-gdp-in-the-coming-years\/"},"modified":"2019-02-13T04:17:43","modified_gmt":"2019-02-13T04:17:43","slug":"tourism-revenue-could-rise-by-2-of-gdp-in-the-coming-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/tourism-revenue-could-rise-by-2-of-gdp-in-the-coming-years\/","title":{"rendered":"Tourism revenue could rise by 2% of GDP in the coming years"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>Tourism revenues could wipe out current account deficit- Capital Economics: <\/b>Revenue generated in Egypt\u2019s tourism sector could rise by as much as 2% of GDP in the coming years, wiping out the current account deficit, according to a report by Capital Economics. Tourism receipts may increase to as much as USD 5 bn if the number of arrivals follow their current trajectory and return to pre-2010 levels. The sector has undergone a speedy recovery over the past several years, helped by an improving security situation and European countries lifting flight bans in place since the Russian airline bombing in 2015. But still have a way to go through before we reach pre-2010 arrival numbers: We\u2019re drawing <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/07\/egypts-skyrocketing-tourism-bookings-help-drive-tourism-growth-in-africa\/\">around 8 mn<\/a> visitors per year now, a far cry from the 14 mn people who visited in 2010.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tourism revenues could wipe out current account deficit- Capital Economics: Revenue generated in Egypt\u2019s tourism sector could rise by as much as 2% of GDP in the coming years, wiping out the current account deficit, according to a report by Capital Economics. Tourism receipts may increase to as much as USD 5 bn if the [&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":[8572],"tags":[7039,72,320,2380,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600899","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-current-account","tag-enterpriseam","tag-security","tag-speed-round","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"6d8a8512-cc8b-4dce-a0ee-7235fd59b689","is_powered_by":true,"section_story_id":"20071d43-f184-42ad-9b78-98b135da37d4","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600886],"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>Tourism revenue could rise by 2% of GDP in the coming years - 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\/02\/13\/tourism-revenue-could-rise-by-2-of-gdp-in-the-coming-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tourism revenue could rise by 2% of GDP in the coming years\" \/>\n<meta property=\"og:description\" content=\"Tourism revenues could wipe out current account deficit- Capital Economics: Revenue generated in Egypt\u2019s tourism sector could rise by as much as 2% of GDP in the coming years, wiping out the current account deficit, according to a report by Capital Economics. Tourism receipts may increase to as much as USD 5 bn if the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/tourism-revenue-could-rise-by-2-of-gdp-in-the-coming-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-13T04:17:43+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\/02\/13\/tourism-revenue-could-rise-by-2-of-gdp-in-the-coming-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/tourism-revenue-could-rise-by-2-of-gdp-in-the-coming-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Tourism revenue could rise by 2% of GDP in the coming years\",\"datePublished\":\"2019-02-13T04:17:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/tourism-revenue-could-rise-by-2-of-gdp-in-the-coming-years\/\"},\"wordCount\":142,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"current account\",\"EnterpriseAM\",\"security\",\"SPEED ROUND\",\"tourism\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/tourism-revenue-could-rise-by-2-of-gdp-in-the-coming-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/tourism-revenue-could-rise-by-2-of-gdp-in-the-coming-years\/\",\"name\":\"Tourism revenue could rise by 2% of GDP in the coming years - 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