Egypt Tourism Report Q2 2014

Business Monitor International
March 5, 2014
63 Pages - SKU: BMI5213878
Countries covered: Egypt

Egypt Tourism Report Q2 2014

BMI's Egypt Tourism Report analyses the investment potential Egypt offers to large tourism-focusedindustries - particularly global hotel groups - as they seek to harness the growth opportunities being offeredby the local market over the long term. However, over the short term, still-high political risk will continueto act as a clear suppressant to tourism demand.

In this context, the February 2014 suicide bomb attack on a tourist bus in Taba, in Sinai - which killed threeSouth Korean tourists and the Egyptian bus driver - is clearly a worrying development and a clear threat tothe country's already-struggling tourism sector. The Islamist militant group Ansar Beit al-Maqdis claimedresponsibility for the attack, the first major terrorist incident against tourists since the April 2006 bombattacks in the beach resort town of Dahab in South Sinai, which killed 23 people, mainly foreigners.



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