Egypt Tourism Q4 2019
The short- and medium-term outlook for Egyptian tourism industry is positive, with steady gains envisaged on thehorizon to 2023. The market continues to recover well after years of geopolitical tensions, high-profile terror attacks and a weakdomestic political outlook. Strong levels of government support, global brand building efforts, sectoral reform and infrastructureinvestment are all beginning to yield dividends as European holidaymakers resurface with growing confidence. We note thatensuring tight security measures across tourism sites is absolutely paramount and a prerequisite for success.
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