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The carnage on Nice’s famed seaside boulevard as the summer season got into full swing has sent shockwaves through France’s tourism industry, a vital sector for the economy of the world’s most-visited country.
Colliers expects that the occupancy rate in Hurghada will be 5% more than that in Sharm El-Sheikh from June to August
Egypt Duty Free’s activity is influenced greatly by the movement of foreign currencies against the Egyptian pound, especially the US dollar and the euro as importing goods—such as electrical appliances, alcoholic beverages, and perfumes—is done in these currencies.
An ancient university in India and rock art in China are among the four new additions to UNESCO’s World Heritage List. More additions are expected to come this week.
Tourism income declined by about $835m during the first five months of this year, a decrease of 62% year-over-year
Average occupancy rates up to 30% in Cairo, 50% on the Red Sea, 40% in South Sinai, more than 80% in Alexandria and at the North Coast
Floating hotels incur an annual loss exceeding $1.5bn, which is a great loss that negatively impacts the number of hotel employees, especially in Upper Egypt, says the deputy chairperson of the Floating Hotels Investors Association
61.3% decline in Russian tourists; Saudis account for 31.2% of total tourists coming to Egypt from the Middle East
Morocco – like Turkey, Tunisia and Egypt – has suffered a dip in tourism figures after terror attacks. Visitor numbers are still dropping, even five years after the last attack in the North African country.
The devaluation of the Egyptian pound also increased beverage prices by 10%
Egyptian families prefer Ain Sokhna and Alexandria due to their proximity to Cairo compared to Hurghada and Sharm El-Sheikh
There is fierce competition among suppliers for Cairo hotels which have highest occupancy rates
The World Tourism Organization (UNWTO) has called on the travel sector not to abandon Turkey after the attack on Istanbul’s Ataturk airport.
Egypt’s tourism sector has lost 62% in revenues over the past five months
Konya, Turkey hosted the second international halal tourism conference earlier this month
Tourism revenue declined from $7.3bn in 2014 to $6.1bn in 2015 after the inflow of Russian, European tourists came to a halt
In Cairo, the National Day celebration is an annual event organised by the Embassy of Sweden to celebrate with Egyptians the vibrant relations between both countries.
Western Europe accounted for 35% of tourists coming to Egypt, while the flow of tourists coming from Russia declined
The shark is of the Mako species, and inspections of the area are underway, says Environment Ministry
The decision aims to maintain the rights of tourism companies and the reputation of Egypt’s tourism
The fund has specified conditions, such as establishments that achieve a surplus or profit have no right to obtain subsidies from the fund
The legendary Spanish player Carles Puyol arrived to Cairo, where he was escorted by Al Ahram Beverages team on a tour to the Pyramids with his wife, and the Spanish media delegation. Photos handout from Al Ahram Beverages Company (ABC)
Chairman of the Nuweiba-Taba Investors Association Samy Soliman the region will be the main gate to attracting international tourism to Egypt
Economic growth relies on Egypt renovating and developing its various economic sectors, with a focus on reviving tourism
In his interview with Daily News Egypt, Saad said that the government will offer a total of 49m square metres
Kammah told Daily News Egypt that the target this year is to increase that number to reach 60 countries
The tourists and four Egyptians were killed on 13 September 2015 during a trip to Bahariya oasis, located in the Western desert, after they were wrongly identified as terrorists
Total investments in Egypt are estimated at EGP 68bn, but Arab investments only represent 3% of this, according to TDA
The holiday spot has seen a high turnout of Egyptian families