Egypt to receive 13.1M tourists by end of 2023

CAIRO - 8 August 2023: Egypt's Alamein city recently spotlighted the significant surge in the number of tourists arriving in the country, particularly following the cessation of lockdowns due to the COVID-19 pandemic. The global health crisis gravely impacted the tourism industry worldwide. However, according to several reports from international agencies, including the American Fitch Solutions, Egypt's tourism sector is anticipated to continue its recovery.

The Egyptian Center for Thought and Studies highlighted a notable growth in tourism. There was an astounding 117.5% annual increase in 2021, registering 8 million tourists compared to 3.7 million in 2020. Moreover, as 2023 progresses, the inflow of tourists is expected to surpass the pre-pandemic levels of 2019. This surge can be attributed to the pent-up demand for travel following lockdowns and the resolution of the Russo-Ukrainian crisis.

Fitch Solutions predicts a further 11.6% annual rise in incoming tourists, with numbers reaching 13.1 million in 2023 compared to 11.7 million in 2022. This growth will positively impact the nation's tourism revenue, which is projected to climb to approximately $14.4 billion from $13 billion within the same period.