Total tourism revenue in 11 months reached 6.6 billion dollars, up 193%
By Akram Medhat
Tourism revenue in Egypt reached 719 million dollars last November, up 193% compared with the same month of 2016, when earnings stood at 274 million dollars. It has also recovered from the start of the tourism crisis in November 2015, which recorded 363 million dollars.
Last November's earnings came close to the same month in 2014, when tourism revenue reached 726 million dollars.
Egypt received 779,000 tourists last November, up 56% over the same month of 2016, who spent 8.2 million tourist nights, an increase of 146%, which is driving the tourism revenue indicator upwards.
It is worth noting that November 2010 has so far been the best November for tourism revenue, at 1.2 billion dollars, while November 2016 recorded the lowest tourism earnings since the peak year, at only 274 million dollars.
Total 11-Month Revenue
According to tourism statistics obtained exclusively by Travel Yalla News, total earnings of the Egyptian tourism sector in the past 11 months of 2017 reached about 6.6 billion dollars, up 193% over the same period of 2016, which recorded 2.3 billion dollars, surpassing the 2015 rates before the Russian tourism crisis, which reached about 5.7 billion dollars.
This notable improvement in tourism revenue came as a result of the increased rate of tourist arrivals to Egypt, which reached 7.5 million tourists during the period from January to the end of November 2017, up 55%, who spent 76 million tourist nights, an increase of 160%, amid the gradual recovery and the rebound in traffic from various main and new tourism markets.
August has had the highest revenue so far this year, approaching one billion dollars (958 million dollars).
The tourist's average daily spending in November declined slightly to 87.7 dollars, compared with 88 dollars last October, while average spending over the 11 months as a whole stabilized at 87 dollars.
Table showing the monthly development of tourism sector revenue from January to November 2017:
Month | Revenue (million dollars) |
|---|---|
January | 357 |
February | 372 |
March | 447 |
April | 547 |
May | 527 |
June | 428 |
July | 683 |
August | 958 |
September | 847 |
October | 717 |
November | 719 |
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