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Best spending tourists to Egypt are Germans and Spanish visitors

Best spending tourists to Egypt are Germans and Spanish visitors
Egypt’s tourism sector revenues went up by 28.2% during the last Fiscal Year to $12.570bn in revenue compared to  $9.804bn last year. It was disclosed in a report by the Central Bank of Egypt.

The reason behind this hike is the improved political and security situation stability in Egypt.

Agreeing with Sultan, Hehsam El-Damery, the retiring president of the Tourism Promotion Authority said Egypt is witnessing a continuous increase in revenues since 2017.

The pound flotation positively affected the tourism sector, as it decreased overall costs as well as costs of packages for the hotels and travel in Egypt, compared to global market rates. 

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