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| Egypt Tourism Up Significantly | | 23 Sep 2010 | | The Egyptian Tourism minister as stated that the Tourism in Egypt is up nearly 18% from this time last year.
Egypt Tourism economy is booming compared to other traditional holiday and visitor destinations with a major boost from European countries due to the strength of the Euro increasing Egyptian tourism revenues to over US$5.5 billion in the first half of 2010 compared to US$4.6 billion the previous year.
Many factors have contributed to this with the exchange rate being favourable, guaranteed weather and the uncertainty of the Volcanic Ash cloud grounding flights for most of April.
With the expansion of Hurghada airport taken place with the onset of Low cost airlines flying to the Red Sea resorts this is to be expected factor in the year on year increases expected.
News article brought by Egypt Real Estate News your choice for Egyptian Real Estate
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