|For the Egyptian economy, tourism is the major source of foreign currency. In terms of tourist arrivals in Egypt, Europeans enjoy the biggest pie, followed by Arabs. European tourists accounted for over 75% of the total number of tourists who arrived in Egypt during 2010, with visitors from Russia, UK and Germany leading the list. The new research report, “Egypt Tourism Sector Analysis”
by RNCOS, says that 14.8 Million
visitors from all export destinations, including the US and Europe, arrived in Egypt in 2010.
One of the major sectors of the Egyptian economy, tourism provides direct and indirect employment to a large number of people. The sector is closely related to complementary industries and services. In 2010, the tourism industry contributed 6% to the country's GDP and employed over 2.8 Million Egyptians. According to the report, international tourist arrivals in the country are expected to increase at a CAGR of 9.2% during 2011-2014.
The 55 page report, an outcome of exhaustive research and rational analysis of the current and future prospects of the Egyptian tourism industry, provides the forecasts for International tourist arrivals; International tourist receipts; International tourist departure; and International tourist expenditure for the period 2011-2014. Besides, the research analyzes accommodation facilities and aviation industry to provide a strategic insight to clients to evaluate the opportunities for their success in the Egyptian tourism industry.
Some of our Related Reports are:
- China Tourism Industry Forecast to 2012
- Indian Tourism Industry Analysis
- Vietnam Tourism Industry Forecast to 2012
- Turkey Tourism Industry Analysis