It will take the Egyptian tourism sector few years to recover

Unlike the rest of the economic sectors, it seems that it will take a longer time for the tourism sector in Egypt to recover from the political unrest in the country and in some other Arab states.

A recent research by Euromonitor International forecasts the total number of tourists arrivals into Egypt in 2015 to remain lower than the number of arrivals recorded in 2010.

Egypt has dropped out of the world’s top five for arrivals absolute growth as its forecast outlook has been revised downwards following the revolution. Pre-revolution, Egypt was expected to grow at 9% per annum, receiving an additional 7 million visitors per year. Post-revolution, the country’s future outlook is bleaker, with annual growth for arrivals downgraded to -0.5% over 2010-2015, with 12.3 million international visitors expected in 2015, compared to 12.7 million in 2010.

The volume of tourists arrivals and tourism revenues in Egypt withdrew by 18% and 20% respectively in 2011 compared with 2010.