Travel and Tourism in Egypt to 2018

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Market Research Reports, Inc. has announced the addition of “Travel and Tourism in Egypt to 2018” research report to their offering. for more information visit: http://mrr.cm/Zkg

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Travel and Tourism in Egypt to 2018

  1. 1. Category : Travel & Leisure All logos and Images mentioned on this slide belong to their respective owners. www.MarketResearchReports.com
  2. 2. Introduction to Report  Launch Date: January 30, 2014  Number of Pages: 130  Geography Coverage: Egypt  Available Format: PDF Price For Single User License: USD 1,950 Price For Site License: USD 3,900 Price For Global User License: USD 5,750 Delivery Time: Within 24 Hours (During Working Days) www.MarketResearchReports.com
  3. 3. About the Report Political revolution in 2011, which led to the end of the rule of the country’s fourth president, Hosni Mubarak, resulted in significant challenges for the Egyptian travel and tourism sector. Social and political conditions improved in 2012 and the tourism sector showed signs of recovery, but the situation deteriorated again in 2013 due to further unrest. Conditions in the country have improved since July–August 2013, and Pubilsher expects a slow return to growth over the forecast period (2014–2018). www.MarketResearchReports.com
  4. 4. Research Findings Political unrest adversely affected the Egyptian economy in 2011 and 2013. The growth in gross domestic product (GDP), which increased at a rate of 5.1% in 2010, slowed to 1.8% in 2011. Travel and tourism, a major economic contributor, was affected, with international arrivals decreasing at a rate of 33.2% in 2011 owing to the unrest and the country’s negative image portrayed in the worldwide media. As the situation improved post revolution, the country registered a return to growth and signs of recovery in 2012. However, further unrest in July 2013, which led to the ousting of Mohamed Morsi from power by the military, hampered economic growth and tourist flows in the country once again. Despite the political unrest, domestic tourism in Egypt performed well. The number of domestic trips increased from 12.4 million in 2009 to 15.0 million in 2013, due to government efforts to promote domestic tourism such as offering discounts to citizens at key tourist destinations, and discounts offered by hotels to make-up for the losses registered due to the lack of international tourists. The average expenditure per domestic tourist in Egypt increased at a review-period CAGR of 5.70%. www.MarketResearchReports.com
  5. 5. Research Findings Continues.. The revolution in Egypt in 2011 drove a number of countries, including the US and the UK, to issue travel warnings, advising residents not to travel to the country. Political unrest in 2013 damaged the country’s reputation further. Easing foreign travelers’ concerns over safety and security is a major challenge facing the Egyptian tourism sector. According to the World Economic Forum’s Travel and Tourism Competitiveness Index for 2013, Egypt ranked last (140 out of 140 countries) in terms of safety and security. However, in October 2013, the Tourism Ministry announced the lifting of travel warning by 13 countries, including Germany, Hungary, Denmark, the Netherlands and Finland. The Egyptian aviation market experienced a number of challenges during the review period. In 2009, total revenue generated in the market declined by 2.20%, primarily due to the global economic downturn and uncertain economic scenario. However, it recovered in 2010 with 6.55% growth, driven by the increase in passenger volumes in all segments. In the same year, revenue generated by the country’s low-cost airlines rose by 33.65%, driven by the increase in demand for economic and affordable travel by business and leisure tourists. www.MarketResearchReports.com
  6. 6. Research Findings Continues.. Political and social unrest also adversely impacted the Egyptian hotel market. Travel warnings issued by a number of countries, advising citizens not to travel to Egypt, led to a decline in tourist volumes, subsequently limiting business for hotels. During the review period, total hotel revenue generated fell at a CAGR of 11.87%, from EGP19.3 million (US$3.74 million) in 2009 to EGP12.5 million (US$1.83 million) in 2013. The largest fall in revenue, at a rate of 40.90%, was recorded in 2011. Political uncertainty and a decline in business activity affected business car rentals, which posted the largest decline at a review-period CAGR of -3.08%. The majority of car rentals in Egypt were made at non-airport locations, with sales from such rentals accounting for 66.3% of the total market value in 2013. However, poor road conditions and chaotic traffic systems discouraged tourists from renting cars, instead leading to a preference for taxis. www.MarketResearchReports.com
  7. 7. Research Findings Continues.. Conventional travel service providers dominated the industry in 2013 with 90.3% of the market value, while online service providers accounted for the remaining 9.7%. However, online service providers registered significant growth during the review period, at a CAGR of 24.64%. This growth was primarily driven by the country’s high internet penetration rate of 35.6%, in comparison to neighboring countries. www.MarketResearchReports.com
  8. 8. Report Coverage 1. Executive Summary 2. Travel and Tourism Sector In Context 3. Country Fact Sheet 4. Tourism Flows 5. Airlines 6. Hotels 7. Car Rental 8. Travel Intermediaries 9. Tourism Board Profile 10. Airport Profiles 11. Company Profiles – Airlines 12. Company Profiles – Hotels 13. Company Profiles – Car Rental 14. Company Profiles – Travel Intermediaries 15. Market Data Anlaysis 16. Appendix For more details regarding Report coverage see the last slide All logos and Images mentioned on this slide belong to their respective owners. www.MarketResearchReports.com
  9. 9. Company Coverage (Partial List) For more details regarding company coverage and TOC see the last slide All logos and Images mentioned on this slide belong to their respective owners. www.MarketResearchReports.com
  10. 10. Custom Research:  Are you an industry professional, entrepreneur, venture capitalist, investors and organization, then let us know your specific research requirements. Our goal is to cater to your requirements be it for a custom market research project, syndicated research report on a specific market or industry sector, newsletter creation, case study development or anything else related to marketing research. For Any Customization Related query Visit IdeaCenter @ http://www.marketresearchreports.com/idea-center www.MarketResearchReports.com
  11. 11. How To Buy This Report? Visit following URL to see Table of Content and purchase this publication: http://www.marketresearchreports.com/timetric/traveland-tourism-egypt-2018 About Market Research Reports, Inc. Market Research Reports provides a customized set of reports from reputed Publishers, built on the intelligence available within organizations and leverages on our motto of “Intelligence Redefined”. Contact : Amitava Sen Email : info@marketresearchreports.com Phone: +1 302-703-7787 (USA) +91-8762746600 (India) www.MarketResearchReports.com

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