Tourism Industry News
Egypt Tourism Fell in 2009, Set to Recover This Year
Egypt, home to the pyramids of Giza, recorded a slower-than-anticipated decline in tourism revenue last year and is targeting 6.9 percent growth in receipts in 2010 as economic recovery picks up, the tourism minister said.
Revenue in 2009 declined 2 percent to $10.76 billion from $10.98 billion in the previous year, Zoheir Garranah said in a news conference today in Cairo.
“All expectations were that the decline in tourism would be 20 percent,” he said. The government aims to bring in about $11.5 billion in revenue this year, he said.
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