Egypt's tourism revenues up 77%

Cairo - Mubasher: The Egyptian tourism sector revenues surged 77% in the first half of 2018 to around $4.8 billion.

The number of tourists who visited Egypt in H-1-18 increased by 41% to near 5 million, Reuters reported citing public officials.

Hotel occupancy rate in Egypt rose by 21% to 60.1% in the first quarter of 2018, its highest rate since 2010.

The average daily rate grew by 11.8% to EGP 1,291.72, while revenue per available room surged 35.5% year-on-year to EGP 775.69.

Mubasher Contribution Time: 29-Aug-2018 21:30 (GMT)
Mubasher Last Update Time: 29-Aug-2018 21:30 (GMT)