{"id":629205,"date":"2018-05-24T04:10:08","date_gmt":"2018-05-24T04:10:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/tourism-revenues-up-83-3-y-o-y-in-1q2018-arrivals-up-37-1-state-official-to-reuters\/"},"modified":"2018-05-24T04:10:08","modified_gmt":"2018-05-24T04:10:08","slug":"tourism-revenues-up-83-3-y-o-y-in-1q2018-arrivals-up-37-1-state-official-to-reuters","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/tourism-revenues-up-83-3-y-o-y-in-1q2018-arrivals-up-37-1-state-official-to-reuters\/","title":{"rendered":"Tourism revenues up 83.3% y-o-y in 1Q2018, arrivals up 37.1% -state official to Reuters"},"content":{"rendered":"<p><strong>Tourism revenues reportedly up 83.3% y-o-y to USD 2.2 bn in 1Q2018<\/strong>, an unnamed government official <a href=\"https:\/\/www.reuters.com\/article\/egypt-tourism\/egypt-tourism-revenues-jump-83-pct-to-2-2-bln-in-q1-government-official-idUSL5N1SU131\">told Reuters<\/a>. Tourist arrivals also grew 37.1% y-o-y to 2.38 mn visitors. Tourism in Egypt has been slowly recovering from the political upheaval and security concerns that had caused a downturn in the sector over the last several years since the 2011 uprising. Holiday bookings giant Thomas Cook had <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/29\/among-the-many-reasons-fx-stability-is-the-order-of-the-day-for-the-coming-12-months\/\">said last month<\/a> that demand for Egypt is on the rise as conditions in the country begin to stabilize.<\/p>\n<p><strong>This comes as we hear that bookings to Croatia are suffering as a result of a revival in Egypt, Turkey, and Tunisia<\/strong>, <a href=\"https:\/\/www.total-croatia-news.com\/business\/28507-croatian-hotels-raise-prices-fail-to-notice-mediterranean-rival-recovery\">Total Croatia News reports<\/a>. British and German holidaymakers are shifting their focus away from Croatia towards more affordable destinations in the Mediterranean Sea, especially as Croatian hotels continue to raise prices, seemingly oblivious to the \u201cdip\u201d in bookings. <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/22\/egypt-tunisia-turkey-are-diverting-british-tourists-away-from-spains-benidorm\/\">We noted yesterday that<\/a> Egypt Tunisia, and Turkey are also luring British tourists away from Spanish coastal city Benidorm.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tourism revenues reportedly up 83.3% y-o-y to USD 2.2 bn in 1Q2018, an unnamed government official told Reuters. Tourist arrivals also grew 37.1% y-o-y to 2.38 mn visitors. Tourism in Egypt has been slowly recovering from the political upheaval and security concerns that had caused a downturn in the sector over the last several years [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629205","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"de6d9108-b8a0-451c-89e4-eafb371ace56","order":"0","is_powered_by":true,"section_story_id":"e370e34a-ec9e-459b-a1d2-1ede0835d696","story_type":"1","photo_url":"","photo_position":"above","related_issue":[629186],"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 revenues up 83.3% y-o-y in 1Q2018, arrivals up 37.1% -state official to Reuters - 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\/2018\/05\/24\/tourism-revenues-up-83-3-y-o-y-in-1q2018-arrivals-up-37-1-state-official-to-reuters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tourism revenues up 83.3% y-o-y in 1Q2018, arrivals up 37.1% -state official to Reuters\" \/>\n<meta property=\"og:description\" content=\"Tourism revenues reportedly up 83.3% y-o-y to USD 2.2 bn in 1Q2018, an unnamed government official told Reuters. Tourist arrivals also grew 37.1% y-o-y to 2.38 mn visitors. Tourism in Egypt has been slowly recovering from the political upheaval and security concerns that had caused a downturn in the sector over the last several years [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/tourism-revenues-up-83-3-y-o-y-in-1q2018-arrivals-up-37-1-state-official-to-reuters\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-24T04:10:08+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\/2018\/05\/24\/tourism-revenues-up-83-3-y-o-y-in-1q2018-arrivals-up-37-1-state-official-to-reuters\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/tourism-revenues-up-83-3-y-o-y-in-1q2018-arrivals-up-37-1-state-official-to-reuters\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Tourism revenues up 83.3% y-o-y in 1Q2018, arrivals up 37.1% -state official to Reuters\",\"datePublished\":\"2018-05-24T04:10:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/tourism-revenues-up-83-3-y-o-y-in-1q2018-arrivals-up-37-1-state-official-to-reuters\/\"},\"wordCount\":170,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/tourism-revenues-up-83-3-y-o-y-in-1q2018-arrivals-up-37-1-state-official-to-reuters\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/tourism-revenues-up-83-3-y-o-y-in-1q2018-arrivals-up-37-1-state-official-to-reuters\/\",\"name\":\"Tourism revenues up 83.3% y-o-y in 1Q2018, arrivals up 37.1% -state official to Reuters - 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The increase in tourism revenues came on the back of increased arrivals of 55.3% y-o-y to 5.9 mn and a rise in tourists\u2019 average spending to USD 88.2 per night. European tourist arrivals\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":626096,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/30\/tourism-recovery-accelerates-as-sector-revenues-surge-77-y-o-y-in-1h2018-arrivals-climb-41\/","url_meta":{"origin":629205,"position":1},"title":"Tourism recovery accelerates as sector revenues surge 77% y-o-y in 1H2018, arrivals climb 41%","author":"enterpriseam admin","date":"30 August 2018","format":false,"excerpt":"The recovery in tourism is accelerating: Tourism revenues increased 77% y-o-y to around USD 4.8 bn during 1H2018 from USD 2.71 bn in 1H2017, an unnamed government official told Reuters. Tourist arrivals for 1H2018 grew 41% to 5 mn visitors, compared to 3.5 mn visitors during the same period last\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":640854,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/06\/tourism-revenues-up-170-y-o-y-in-first-seven-months-of-the-year\/","url_meta":{"origin":629205,"position":2},"title":"Tourism revenues up 170% y-o-y in first seven months of the year","author":"enterpriseam admin","date":"6 September 2017","format":false,"excerpt":"Tourism revenues have increased by 170% y-o-y in the first seven months of 2017, a government official told Reuters. Tourism revenues came in at USD 3.5 bn as the number of tourists increased 54% y-o-y to 4.3 mn in the year to July. The number of arrivals has already almost\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":624546,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/12\/thomas-cook-says-bookings-not-hit-by-death-of-couple-in-hurghada\/","url_meta":{"origin":629205,"position":3},"title":"Thomas Cook says bookings not hit by death of couple in Hurghada","author":"enterpriseam admin","date":"12 September 2018","format":false,"excerpt":"TOURISM WATCH- Thomas Cook says bookings not hit by death of couple in Hurghada, on track for 30-35% increase in its Egypt volume this year: Thomas Cook expects its Egypt bookings to grow 30-35% this year compared to last, the British company\u2019s Egyptian agent, Moody El Shaer, told Reuters\u2019 Arabic\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":592101,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/26\/egypts-current-account-deficit-narrows-fdi-more-than-doubles-in-1q2019-2020\/","url_meta":{"origin":629205,"position":4},"title":"Egypt\u2019s current account deficit narrows, FDI more than doubles in 1Q2019-2020","author":"enterpriseam admin","date":"26 December 2019","format":false,"excerpt":"Current account deficit narrows, FDI more than doubles in 1Q2019-2020: The current account deficit decreased 31% y-oy in the first quarter of the government\u2019s new fiscal year to USD 1.382 bn from USD 2.012 bn the previous year, according to a central bank report (pdf). The non-oil trade deficit also\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\/2019\/12\/CBE-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":647796,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/21\/tourist-arrivals-in-1q2017-up-51-y-o-y-tda-says\/","url_meta":{"origin":629205,"position":5},"title":"Tourist arrivals in 1Q2017 up 51% y-o-y, TDA says","author":"enterpriseam admin","date":"21 May 2017","format":false,"excerpt":"Tourist arrivals in Egypt rose 51% year-on-year in 1Q2017 while the number of nights spent jumped 107% y-o-y, Tourism Development Agency head Hisham El Demery said, Youm7 reports. 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