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Friday, 19 July 2019

Tourism to Egypt down 46 per cent in first quarter

Figures from state agency show a steep decline in industry that is a major source of foreign currency

Reuters, Sunday 22 May 2011
At the Pyramids
Underworked and over here - tourism fell by nearly half (Photo: Reuters)
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The number of tourists visiting Egypt slumped 46 per cent in the first quarter when mass protests ousted President Hosni Mubarak, the government's statistics agency said on Sunday.

The unrest that began on 25 January prompted embassies to issue travel warnings and many tour groups cancelled trips, throwing an industry that is a major source of foreign currency into crisis.

Foreign reserves fell to US$28 billion in April, the lowest in four years.

"The tourism industry is still affected by the recent events in Egypt causing a great decline in the number of tourists ... which reached 1.9 million tourists," the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

Egypt's economy contracted an estimated 7 per cent in the January-March quarter. The International Monetary Fund has projected growth of 1.0 per cent this year, down from 5.1 per cent in 2010.

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Ali Ramzy
25-05-2011 09:30am
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further to fall?
Who will come to an Egypt ruled by Islamists? Not America or Europe - they don't want church-burning and Copt-killing. Not the Gulf states - they come to get away from that. The salafis are destroying Egypt and the Muslim Brotherhood is supporting them.
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richard
23-05-2011 06:13pm
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Tourism
When potential tourists are convinved that Egypt is safe again, they will return. Every effort should be made to achieve this mutually beneficial result.
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patkar
23-05-2011 04:21pm
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EGYPTAIR
Already reputed for its fantasy schedules and dirty toilets , not to mention unpalatable snacks... Now THEY cancel flights ( booked, confirmed and paid ) and take no responsabi;for it besides : We offer refund with no penalty sorry sorry and they are part of star alliance, for the sake of the renoun of EGYPT and a little self respect they must do better. unless a satisfactory solution I m going to the minister and the european travel agent s union.It is not the time for you to shoot yourself in the foot ...again
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Enoch Luton
23-05-2011 08:03am
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To restore Tourism....
To restore tourism from America: Invest in running TV Ads on American TV to send the message that they are welcome and will be safe in your new democratic Egypt. You must do PR to shorten the time frame for tourist to understand that its safe to come to Egypt. The investment in ads will more than pay for itself!!!! This is my advice to you as an extended member of the Egyptian family.
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