This growth aligns with the incoming tourism trends from Egypt’s target markets throughout this year.
Egypt's tourism sector topped African countries in tourism revenue, with total revenues standing at $14B, according to data from the World Tourism Organization.
The World Tourism Organization also indicated that Egypt ranked third among Arab countries for the highest number of tourist arrivals, welcoming approximately 14.9 million tourists.
According to data from Egypt’s Ministry of Tourism and Antiquities, the number of tourists expected to visit Egypt by the end of 2024 is projected to reach around 15.3 million, marking a 5% increase from last year.
This growth aligns with the incoming tourism trends from Egypt’s target markets throughout this year.
While Egypt initially set a target of 18 million tourists for 2024, the ongoing instability in the region could impact the achievement of that goal.
The government remains committed to strengthening the tourism sector, with plans to increase annual tourism revenues from an estimated $12 billion to $30 billion within the next three years.
The sector’s performance remains strong, with hotel occupancy rates averaging over 75%. In some tourist areas, occupancy has even exceeded 90%. “The tourism sector continues to show remarkable resilience, with high demand across multiple regions of the country,” Fathy explained.
