Published on : Thursday, April 4, 2019
Arrivals from the Middle East to Egypt are expected to increase 50 per cent from 1.49 million last year to 2.23 million in 2022 with visitors from Saudi Arabia driving this growth. The Arabian Travel Market 2019 would take place at Dubai World Trade Centre from April 28 – May 1.
Danielle Curtis, exhibition director ME, Arabian Travel Market, said: “Over the last 12 months, Egypt’s tourism industry has witnessed healthy and steady growth, with arrivals up 14.5 per cent from 8.3 million in 2017 to 9.5 million in 2018. Growth has been fuelled by the cheaper Egyptian Pound and government incentives for charter airlines operating international flights.”
Many tourism companies are taking advantage of this rebirth in tourists including Dana Tours, Nicolas Tours and Standard Tours who will exhibit at ATM 2019. The Egyptian Tourism Promotion Board who will also have a major presence at the event.
Egypt tourism capital investment is estimated to reach $4.2 billion in 2019, up 25 per cent on 2018.
“The overall revenue generated by the leisure segment in 2018 represented 87 per cent of total tourism spend and we expect this growth to continue as a series of new government and private sector attractions and investments are unveiled – including the development of new airports and new luxury hotel resorts in Red Sea destinations Sharm El Sheikh and Hurghada,” Curtis said.
Egypt has a diverse range of source markets; Germany, Russia, the UK and Italy are among Egypt’s top four source markets.
ATM is considered by industry professionals as a barometer for the Middle East and North Africa tourism sector. It welcomed over 39,000 people to its 2018 event, showcasing the largest exhibition in the history of the show.