Back to the complete issue
Thursday, 14 December 2017

Egypt, Greece among the biggest destinations for German travelers in 2017

Egypt and Greece were “the clear winners” of the German travel market in 2017, German Travel Association President Norbert Fiebig said, according to tourism portal FVW. “Tour operator sales for holidays in Egypt increased by 55% this year, although on the basis of a weak previous year,” and winter bookings are showing that “Egypt is continuing its recovery,” Fiebig said. No details were provided on the most popular destination within Egypt for German travelers, but FVW has reported bookings to Hurghada and Marsa Alam increasing consistently in August, September, and October. Meanwhile, Morocco, Cyprus, and Tunisia also saw high growth rates this year, after having lost out on the German market last year along with Egypt. However, Turkey — an important tourism destination for Germans — “suffered a double-digit drop” in bookings this year.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.