Total Volume of Tourist Arrivals to Egypt Surpasses 8M in 2024Source: www.export-egypt.com 8/25/2024, Location: Africa |
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In the initial seven months of 2024, Egypt witnessed a surge in tourist arrivals, surpassing 8 million visitors, as announced by Amr El-Kady, the CEO of the Egyptian Tourism Authority.
El-Kady anticipates that the industry's earnings will exceed $14 billion by the year's end. Projections indicate that the total number of tourists in 2024 will surpass 15 million, compared to 14.9 million in 2023. Spending levels escalated between January and mid-August, growing at rates ranging from 12 to 14 percent, as reported by Al Arabiya Business. The German market remains the primary source of tourists to Egypt up to mid-August, closely followed by the Russian market, which experienced a 10 percent growth, according to El-Kady. In 2023, the German market contributed around 1.6 million tourists to Egypt, a figure expected to be exceeded by the current year's end, according to the ETA CEO. El-Kady highlighted the significant growth in the Chinese market, with a 60 percent increase attributed to tripled airline traffic from China to Egypt, with 28 weekly flights. Additionally, the Japanese market saw a notable 70 percent growth compared to the same period in 2023. |
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