Egypt’s tourism industry sees growth

(MENAFN) The region of Pyramids of Giza was busy with something that had not been witnessed in over a year: buses packed with overseas visitors during last Saturday.

Based on the World Travel and Tourism Council Travel, constraints and lockdowns due to the Coronavirus pandemic scratched out USD17.6 billion from Egypt’s economy in 2021, involving 844,000 travel and tourism occupations.

According to the UN World Tourism Organization, the nation’s overseas tourist arrivals fallen 72 per cent and foreign tourism earnings plummeted 66 per cent in 2020. Whereas Egypt accommodated 13 million tourists a couple of years ago, that number shrunken to 3.6 million last year.

The WTCC stated that the travel and tourism sector is responsible for around 12 per cent of Egypt’s gross domestic product before Coronavirus. The industry’s support to the economy dropped to USD14.4bn last year in comparison to USD32bn in 2019.

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Source: Einnews

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