Egypt has been witnessing a strong growth in touristic performance during the past number of years, particularly in 2018 and 2019. Such growth is expected to continue throughout 2020 and beyond backed by a number of initiatives from the Ministry of Tourism, such as global marketing and media campaigns and participating in tourism events across the world.
Egypt has a blended mix of source markets which makes it less vulnerable and mitigates the risk of being dependent only on one market or few.
According to Euromonitor, in 2019, there were 17.8 million trips to Egypt. Germany remains on top of source markets similar to the previous year with a total number of trips equating to 2,479m, representing a significant growth of 46%.
Egypt's inbound receipts had recorded EGP 264bn in 2019 which is 54% higher than 2018. The biggest share of inbound receipts spending was through Germany, equating to EGP 48.4bn.
Egypt's outbound tourism trips particularly to GCC, has recorded 1,84m in 2019 and is excepted to record 2.64m trips by 2024.