Browsing: Egypt tourism revenue

Egypt’s tourism revenues fell by 67.2% due to COVID-19 in 2020 after recording $13 billion in 2019 when Egypt received 13 million international tourists; in 2020 it received 9.5 million. 

Egypt’s Tourism and Antiquities minister Khaled Al-Anani said, “We witnessed a great year in 2019 in terms of numbers and revenues, and the first two months in 2020 were 8% higher, with 2.4 million tourists. The goal now is not to measure the number of tourists, but to say Egypt is a safe tourist destination even amid the coronavirus crisis.” 

He added that a total of 65% of tourists in 2020 did so in January and February.  

With the outbreak in March, Egypt closed its hotels but reopened them after two months with about 25% maximum occupancy later increasing it to 50%…