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Monday, 27 January 2020

Tourism Ministry aims for USD 15 bn tourism revenues in 2020

Egypt targets USD 15 bn in tourism revenues this year: The Tourism and Antiquities Ministry is looking to bring in a record USD 15 bn in tourism revenues in 2020, according to Al Shorouk. This would be a substantial increase on the USD 12.6 bn in revenues made last year. The ministry aims to achieve this by increasing the total number of nights stayed by tourists to 260 mn and up the average daily spending to USD 100. The ministry has not said what actions it will take to reach these targets, but experts say ramping up international tourism campaigns, upgrading transport infrastructure, and completing hotel developments should be top priorities.

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